# 24 CFR § 246.12: Preemption of prospective term of lease

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-24-246.12

## Section

- **Citation:** 24 CFR § 246.12
- **Heading:** Preemption of prospective term of lease
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 24—Housing and Urban Development > Subtitle B—Regulations Relating to Housing and Urban Development > CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES > PART 246—LOCAL RENT CONTROL > Subpart B—Unsubsidized Insured Projects

## Text

(a) In those instances where it will take more than 60 days (2 months) for the project to reach the new income levels, HUD preemption of prospective lease terms shall be effective for those new or renewed leases which by regulation of a local rent control board would require the mortgagor to offer a lease for a term in excess of one year.
(b) As a condition for HUD preemption, the mortgagor must give only one-year leases to tenants whose leases expire during the preemption period.

## Nearby sections

- [24 CFR § 246.1 § 246.1 Scope and effect of regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.1.md)
- [24 CFR § 246.4 § 246.4 Applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.4.md)
- [24 CFR § 246.5 § 246.5 Rental charges.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.5.md)
- [24 CFR § 246.6 § 246.6 Initiation.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.6.md)
- [24 CFR § 246.7 § 246.7 Notice to tenants.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.7.md)
- [24 CFR § 246.8 § 246.8 Materials to be submitted to HUD in support of preemption request.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.8.md)
- [24 CFR § 246.9 § 246.9 Request for preemption.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.9.md)
- [24 CFR § 246.10 § 246.10 HUD procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.10.md)
- [24 CFR § 246.11 § 246.11 Notification of action on preemption request.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.11.md)
- [24 CFR § 246.12 § 246.12 Preemption of prospective term of lease.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.12.md)
- [24 CFR § 246.20 § 246.20 Applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.20.md)
- [24 CFR § 246.21 § 246.21 Rental charges.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.21.md)
- [24 CFR § 246.22 § 246.22 Procedures.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.22.md)
- [24 CFR § 246.30 § 246.30 Rental charges.](https://www.frixlaw.com/law-library/statutes/ecfr-24-246.30.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-24-246.12. Check the current official text before relying on it. Not legal advice.