24 C.F.R. § 235.240 Assessment of taxes.
Title 24 - Housing and Urban Development
When a family unit is conveyed to the Secretary or a mortgage is assigned to the Secretary, the unit shall be assessed and subject to assessment for taxes pertaining only to that unit.
Title 24: Housing and Urban Development
PART 235—MORTGAGE INSURANCE AND ASSISTANCE PAYMENTS FOR HOME OWNERSHIP AND PROJECT REHABILITATION
Subpart B—Contract Rights and Obligations—Homes for Lower Income Families
Special Provisions Applicable Only to Mortgages Involving Condominium Units
§ 235.240 Assessment of taxes.