24 CFR 35.600 – Purpose and applicability
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The purpose of this subpart G is to establish procedures to eliminate as far as practicable lead-based paint hazards in a multifamily residential property for which HUD is the owner of the mortgage or the owner receives mortgage insurance, under a program administered by HUD.
Terms Used In 24 CFR 35.600
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.