# 24 CFR § 290.18: Restrictions on sale to former mortgagors

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-24-290.18

## Section

- **Citation:** 24 CFR § 290.18
- **Heading:** Restrictions on sale to former mortgagors
- **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 I—HUD-OWNED PROPERTIES > PART 290—DISPOSITION OF MULTIFAMILY PROJECTS AND SALE OF HUD-HELD MULTIFAMILY MORTGAGES > Subpart A—Disposition of Multifamily Projects

## Text

The defaulting mortgagor, or any principal, successor, affiliate, or assignee thereof, on the mortgage on the property at the time of the default resulting in acquisition of the property by HUD shall not be eligible to purchase the property. A “principal” and an “affiliate” are defined as provided at 24 CFR 24.105.
[66 FR 35847, July 9, 2001]

## Nearby sections

- [24 CFR § 290.1 § 290.1 Applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.1.md)
- [24 CFR § 290.3 § 290.3 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.3.md)
- [24 CFR § 290.7 § 290.7 Occupancy requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.7.md)
- [24 CFR § 290.9 § 290.9 Setting rental rates.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.9.md)
- [24 CFR § 290.11 § 290.11 Notification requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.11.md)
- [24 CFR § 290.13 § 290.13 Negotiated sales.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.13.md)
- [24 CFR § 290.15 § 290.15 Disposition plan.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.15.md)
- [24 CFR § 290.17 § 290.17 Displacement of tenants and relocation assistance.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.17.md)
- [24 CFR § 290.18 § 290.18 Restrictions on sale to former mortgagors.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.18.md)
- [24 CFR § 290.19 § 290.19 Restrictions concerning nondiscrimination against Section 8 voucher holders.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.19.md)
- [24 CFR § 290.21 § 290.21 Computing annual number of units eligible for substitution of tenant-based assistance or alternative uses.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.21.md)
- [24 CFR § 290.23 § 290.23 Rebuilding.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.23.md)
- [24 CFR § 290.25 § 290.25 Determination not to preserve a project or a part of a project.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.25.md)
- [24 CFR § 290.27 § 290.27 Up-front grants and loans.](https://www.frixlaw.com/law-library/statutes/ecfr-24-290.27.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-24-290.18. Check the current official text before relying on it. Not legal advice.