12 C.F.R. § 541.16 Improved residential real estate.
Title 12 - Banks and Banking
The term improved residential real estate means residential real estate containing offsite or other improvements sufficient to make the property ready for primarily residential construction, and real estate in the process of being improved by a building or buildings to be constructed or in the process of construction for primarily residential use.
Title 12: Banks and Banking
PART 541—DEFINITIONS FOR REGULATIONS AFFECTING FEDERAL SAVINGS ASSOCIATIONS
§ 541.16 Improved residential real estate.