24 CFR 241.545 - Covenant against liens.

Regulations last checked for updates: May 04, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

View all text of Subpart C [§ 241.500 - § 241.645]

§ 241.545 - Covenant against liens.

The security instrument shall contain a covenant against the creation by the borrower of additional liens against the property superior or inferior to the lien of such instrument, except with the prior approval of the Commissioner.

authority: 12 U.S.C. 1715b,1715z,and; 42 U.S.C. 3535(d)

source: 36 FR 24653, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 241.545