24 C.F.R. § 904.116   Transfer of title to homebuyer.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 904—LOW RENT HOUSING HOMEOWNERSHIP OPPORTUNITIES
Subpart B—Turnkey III Program Description

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§ 904.116   Transfer of title to homebuyer.

When the homebuyer is to obtain ownership as described in §904.113 or §904.115, a closing date shall be mutually agreed upon by the parties. On the closing date the homebuyer shall pay the required amount of money to the LHA, sign the promissory note pursuant to §904.114, and receive a deed for the home.

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