§ 213.265. Modifications and consolidations.
48 words·~1 min read·
/us/cfr/t24/s§ 213.265·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where a mortgage covering an investor sponsored project is modified and consolidated with the mortgage of a purchasing nonprofit cooperative housing corporation or trust, it shall be deemed to be paid in full as of the date of such modification and consolidation. \[37 FR 8662, Apr. 29, 1972\]