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Code · CFR · Title 24 — Housing and Urban Development · Part 203 — Single Family Mortgage Insurance · § 203.37

§ 203.37. Nature of title to realty.

59 words·~1 min read·/us/cfr/t24/s§ 203.37·

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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. \[49 FR 21319, May 21, 1984\]
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§ 203.37
Nature of title to realty.
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