24 C.F.R. § 235.225 Changes in plan of apartment ownership.
Title 24 - Housing and Urban Development
The mortgagee shall notify the Secretary of any change 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 change in such plan shall require approval by the Secretary.
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
§ 235.225 Changes in plan of apartment ownership.