All of the provisions of Sec. 203.379 relating to the adjustment of the insurance claim for damage or neglect and all of the provisions of Sec. 203.380 of this chapter requiring the mortgagee to certify as to the condition of the property shall apply to mortgages insured under this subpart with the exception of mortgages involving condominium units. Sections 235.230 and 235.235 contain the comparable provisions applicable to mortgages involving condominium units. [41 FR 1176, Jan. 6, 1976, as amended at 42 FR 29306, June 8, 1977]
Special Provisions Applicable Only to Mortgages Involving Condominium
Units