Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 3550  /  Sec. 3550.114 Repayment agreement (grants only).

Grant recipients are required to sign a repayment agreement which specifies that the full amount of the grant must be repaid if the property is sold in less than 3 years from the date the grant agreement was signed. [61 FR 59779, Nov. 22, 1996, as amended at 67 FR 78331, Dec. 24, 2002]