Title 24

PART 291

Part 291 - Disposition Of Hud-acquired And -owned Single Family Property

PART 291 - DISPOSITION OF HUD-ACQUIRED AND -OWNED SINGLE FAMILY PROPERTY Authority:12 U.S.C. 1701 et seq.; 42 U.S.C. 1441, 1441a, 1551a, and 3535(d). Source:56 FR 46956, Sept. 16, 1991, unless otherwise noted.

• Authority: 12 U.S.C. 1701 et seq.; 42 U.S.C. 1441, 1441a, 1551a, and 3535(d).
• Source: 56 FR 46956, Sept. 16, 1991, unless otherwise noted.

24:2.1.1.6.31.1	SUBPART A	Subpart A - General Provisions
24:2.1.1.6.31.1.221.1	SECTION 291.1	291.1 Purpose and general requirements.
24:2.1.1.6.31.1.221.2	SECTION 291.5	291.5 Definitions.
24:2.1.1.6.31.1.221.3	SECTION 291.10	291.10 General policy regarding rental of acquired property.
24:2.1.1.6.31.2	SUBPART B	Subpart B - Disposition by Sale
24:2.1.1.6.31.2.221.1	SECTION 291.90	291.90 Sales methods.
24:2.1.1.6.31.2.221.2	SECTION 291.100	291.100 General policy on HUD acquisition, ownership, and disposition of real estate assets.
24:2.1.1.6.31.3	SUBPART C	Subpart C - Sales Procedures
24:2.1.1.6.31.3.221.1	SECTION 291.200	291.200 Future REO acquisition method.
24:2.1.1.6.31.3.221.2	SECTION 291.205	291.205 Competitive sales of individual properties.
24:2.1.1.6.31.3.221.3	SECTION 291.210	291.210 Direct sales procedures.
24:2.1.1.6.31.4	SUBPART D	Subpart D - Sale of HUD-Held Single Family Mortgage Loans
24:2.1.1.6.31.4.221.1	SECTION 291.301	291.301 Definitions.
24:2.1.1.6.31.4.221.2	SECTION 291.302	291.302 Purpose and general policy.
24:2.1.1.6.31.4.221.3	SECTION 291.303	291.303 Eligible bidders.
24:2.1.1.6.31.4.221.4	SECTION 291.304	291.304 Bidding process.
24:2.1.1.6.31.4.221.5	SECTION 291.305	291.305 Selection of bids and execution of Loan Sale Agreement.
24:2.1.1.6.31.4.221.6	SECTION 291.306	291.306 Closing requirements.
24:2.1.1.6.31.4.221.7	SECTION 291.307	291.307 Servicing requirements.
24:2.1.1.6.31.5	SUBPART E	Subpart E - Lease and Sale of HUD-Acquired Single Family Properties for the Homeless
24:2.1.1.6.31.5.221.1	SECTION 291.400	291.400 Purpose and scope.
24:2.1.1.6.31.5.221.2	SECTION 291.405	291.405 Definitions.
24:2.1.1.6.31.5.221.3	SECTION 291.415	291.415 Lease with option to purchase properties for use by the homeless.
24:2.1.1.6.31.5.221.4	SECTION 291.430	291.430 Elimination of lead-based paint hazards.
24:2.1.1.6.31.5.221.5	SECTION 291.435	291.435 Applicability of other Federal requirements.
24:2.1.1.6.31.5.221.6	SECTION 291.440	291.440 Recordkeeping requirements.
24:2.1.1.6.31.6	SUBPART F	Subpart F - Good Neighbor Next Door Sales Program
24:2.1.1.6.31.6.221.1	SECTION 291.500	291.500 Purpose.
24:2.1.1.6.31.6.221.2	SECTION 291.505	291.505 Definitions.
24:2.1.1.6.31.6.221.3	SECTION 291.510	291.510 Overview of the GNND Sales Program.
24:2.1.1.6.31.6.221.4	SECTION 291.515	291.515 Purchaser qualifications.
24:2.1.1.6.31.6.221.5	SECTION 291.520	291.520 Eligible law enforcement officers.
24:2.1.1.6.31.6.221.6	SECTION 291.525	291.525 Eligible teachers.
24:2.1.1.6.31.6.221.7	SECTION 291.530	291.530 Eligible firefighter/emergency medical technicians.
24:2.1.1.6.31.6.221.8	SECTION 291.535	291.535 Earnest money deposit.
24:2.1.1.6.31.6.221.9	SECTION 291.540	291.540 Owner-occupancy term.
24:2.1.1.6.31.6.221.10	SECTION 291.545	291.545 Financing purchase of the home.
24:2.1.1.6.31.6.221.11	SECTION 291.550	291.550 Second mortgage.
24:2.1.1.6.31.6.221.12	SECTION 291.555	291.555 Refinancing.
24:2.1.1.6.31.6.221.13	SECTION 291.560	291.560 Ineligibility of multiple-unit properties.
24:2.1.1.6.31.6.221.14	SECTION 291.565	291.565 Continuing obligations after purchase.

---