Texas Administrative Code
|TITLE 10||COMMUNITY DEVELOPMENT|
|PART 1||TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS|
|CHAPTER 28||TAXABLE MORTGAGE PROGRAM|
|RULE §28.8||Resale of the Residence|
There are no Program restrictions on resale of the Residence. Assumption of a mortgage loan is allowed under the Program if the new owner meets the Program requirements at the time of the sale of the Residence.
|Source Note: The provisions of this §28.8 adopted to be effective October 30, 2012, 37 TexReg 8504|