PART 207—MULTIFAMILY HOUSING MORTGAGE INSURANCE›Rights and Duties of Mortgagee Under the Contract of Insurance
§ 207.260 Maintenance and inspection of property.
24 C.F.R. Parts 207 & 221 — FHA Multifamily Mortgage Insurance (Sec. 207 rental housing; Sec. 221(d) moderate-income housing) · 2026 edition · updated 2026-07-29 · United States
As long as the mortgage is insured or held by the Commissioner, the mortgagor must maintain the insured project in accordance with the physical condition requirements in 24 CFR part 5, subpart G; and the mortgagee must inspect the project in accordance with the physical inspection requirements in 24 CFR part 5, subpart G.
[63 FR 46578, Sept. 1, 1998]
Get a plain-English answer with a citation back to this text.
Ask AI about this code