Regulations last checked for updates: Oct 31, 2024

Title 24 - Housing and Urban Development last revised: Oct 16, 2024
§ 203.37 - Nature of title to realty.

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]
source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.
cite as: 24 CFR 203.37