24 C.F.R. § 203.37 Nature of title to realty.
Title 24 - Housing and Urban Development
A mortgage, to be eligible for insurance, must be on real estate held in fee simple, or on leasehold under a lease for not less than 99 years which is renewable, or under a lease having a period of not less than 10 years to run beyond the maturity date of the mortgage. [49 FR 21319, May 21, 1984]
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart A—Eligibility Requirements and Underwriting Procedures
Eligible Properties
§ 203.37 Nature of title to realty.
