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§ 1005.421 Certification of appraisal amount.

24 CFR 1005.421

Citation24 CFR 1005.421
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 1005.421 Certification of appraisal amount.

A Section 184 Guaranteed Loan must be accompanied by a sales contract satisfactory to HUD, executed by the seller, whereby the seller agrees that before any sale of the property, the seller will deliver to the purchaser of the property a certification of the appraisal, in a form satisfactory to HUD, setting forth the amount of the appraised value of the property.