§ 906.25. Ownership interests that may be conveyed to a purchaser.
66 words·~1 min read·
/us/cfr/t24/s§ 906.25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A homeownership program may provide for sale to the purchasing family of any ownership interest that the PHA considers appropriate under the homeownership program, including but not limited to:
(a)Ownership in fee simple;
(b)A condominium interest;
(c)An interest in a limited dividend cooperative;
(d)A shared appreciation interest with a PHA providing financing; or
(e)A leasehold under a bona fide lease-purchase arrangement.