24 C.F.R. § 203.361 Acceptance of property by Commissioner.
Title 24 - Housing and Urban Development
Upon receipt of notice of property transfer the Commissioner shall accept title to and possession of the property as of the date of the filing for record of the deed to the Commissioner, subject to compliance with the regulations in this part.
Title 24: Housing and Urban Development
PART 203—SINGLE FAMILY MORTGAGE INSURANCE
Subpart B—Contract Rights and Obligations
Claim Procedure
§ 203.361 Acceptance of property by Commissioner.