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Transfer Fees in Section 236 and BMIR Cooperatives

HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States

  1. A cooperative may collect fees for processing transfers of membership if such fees are approved by the cooperative’s board and consistent with the cooperative’s by-laws and occupancy agreements.

  2. While these fees must be reasonable in amount, the cooperative need not request HUD approval of the amount of the fee.

  3. The cooperative may only impose a transfer fee on a member who voluntarily initiates a transfer. Cooperatives must not charge transfer fees when transfers are required pursuant to changes in household composition.

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▸Contents — HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs

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