Statutes, codes, and regulations
Code of Federal Regulations
Title 24 - HOUSING AND URBAN DEVELOPMENTSubtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENTChapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTSubchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIESPart 242 - MORTGAGE INSURANCE FOR HOSPITALS
Subpart C - MORTGAGE REQUIREMENTS
Section 242.33 - Covenant for malpractice, fire, and other hazard insurance

24 C.F.R. § 242.33

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Current through May 31, 2024
Section 242.33 - Covenant for malpractice, fire, and other hazard insurance

The mortgage shall contain a covenant binding the mortgagor to maintain adequate liability, fire, and extended coverage insurance on the property. The mortgage shall also contain a covenant binding the mortgagor to maintain adequate malpractice coverage. All coverage shall be acceptable to the mortgagee or HUD.

24 C.F.R. §242.33

73 FR 35923, June 25, 2008