24 C.F.R. § 221.775 Option period.
Title 24 - Housing and Urban Development
The mortgagee may exercise its option to assign within one year following the twentieth anniversary of the date the mortgage was finally endorsed for insurance.
Title 24: Housing and Urban Development
PART 221—LOW COST AND MODERATE INCOME MORTGAGE INSURANCE—SAVINGS CLAUSE
Subpart D—Contract Rights and Obligations—Moderate Income Projects
§ 221.775 Option period.
