24 C.F.R. § 221.300 Changes in the plan of apartment ownership.
Title 24 - Housing and Urban Development
The mortgagee shall notify the Commissioner of any changes in the plan of apartment ownership and in the administration of the property. Such notification shall be given either at the time of the conveyance of the property or at the time of the assignment of the mortgage. Any changes in such plan shall require approval by the Commissioner.
Title 24: Housing and Urban Development
PART 221—LOW COST AND MODERATE INCOME MORTGAGE INSURANCE—SAVINGS CLAUSE
Subpart B—Contract Rights and Obligations—Low Cost Homes
Special Provisions Applicable Only to Mortgages Involving Condominium Units
§ 221.300 Changes in the plan of apartment ownership.