[Code of Federal Regulations]
[Title 24, Volume 2]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR291.570]

[Page 505]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
 CHAPTER II--OFFICE OF ASSISTANT SECRETARY FOR HOUSING--FEDERAL HOUSING 
        COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 291--DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY--Table of Contents
 
               Subpart F--Officer Next Door Sales Program
 
Sec. 291.570  What continuing obligations apply to me if I purchase a home through the Officer Next Door Sales Program?

    To remain a participant in the Officer Next Door Sales Program you 
must, for the entire duration of the owner-occupancy term:
    (a) Continue to own, and live in as your sole residence, the home 
you purchased through the Officer Next Door Sales Program;
    (b) Not own any other residential real property other than the home 
you purchased through the Officer Next Door Sales Program; and
    (c) Certify initially and once annually that paragraphs (a) and (b) 
of this section continue to be true.