§ 401.301 Partnership arrangements.
FederalRegulations
Ask Donna
How this section applies to your facts.
Title 24 CFR: Housing and Urban Development › Chapter IV: OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › Part 401: MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET) › Subpart B: Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA) › § 401.301: § 401.301 Partnership arrangements.
Text
If the PAE is in a partnership, the PRA must specify the following:
(a) The responsibilities of each partner regarding the Restructuring Plan;
(b) The resources each partner will provide to accomplish its designated responsibilities; and
(c) All compensation to each partner, whether direct or indirect.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.