Common use of Modifications/Transfers of Real Property Clause in Contracts

Modifications/Transfers of Real Property. Any proposed modification or change in use of real property acquired or improved, in whole or in part, by CDBG funds from the use planned at the time of the acquisition or improvement, including disposition, is prohibited. i. Subrecipient shall ensure that any real property under Subrecipient’s control that was acquired or improved in whole or in part with CDBG funds in excess of $25,000 is either:

Appears in 10 contracts

Samples: Housing Rehabilitation Agreement, Housing Rehabilitation Agreement, Public Facilities and Improvements Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!