[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR891.425]



[Page 193]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL 

 

PART 891_SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES

--Table of Contents

 

                      Subpart D_Project Management

 

Sec.  891.425  Lease requirements.



    This section shall apply to capital advances under the Section 202 

Program and the Section 811 Program, as well as loans financed under 

subpart E of this part.

    (a) Term of lease. The term of the lease may not be less than one 

year. Unless the lease has been terminated by appropriate action, upon 

expiration of the lease term, the household and Owner (or family and 

Borrower, as applicable) may execute a new lease for a term not less 

than one year, or may take no action. If no action is taken, the lease 

will automatically be renewed for successive terms of one month.

    (b) Termination by the household (or family, as applicable). All 

leases may contain a provision that permits the household (or family) to 

terminate the lease upon 30 days advance notice. A lease for a term that 

exceeds one year must contain such provision.

    (c) Form. The Owner (or Borrower, as applicable) shall use the lease 

form prescribed by HUD. In addition to required provisions of the lease 

form, the Owner (or Borrower) may include a provision in the lease 

permitting the Owner (or Borrower) to enter the leased premises at any 

time without advance notice when there is reasonable cause to believe 

that an emergency exists or that health or safety of a family member is 

endangered.



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