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Code · CFR · Title 24 — Housing and Urban Development · Part 401 — Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market) · § 401.407

§ 401.407. Closing conducted by PAE.

59 words·~1 min read·/us/cfr/t24/s§ 401.407·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

After the owner has executed the Restructuring Commitment, the PAE must arrange for a closing to execute all documents necessary for implementation of the Restructuring Plan. The PAE must use standard documents approved by HUD, with modifications only as necessary to comply with applicable State or local laws, or such other modifications as are approved in writing by HUD.
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