Common use of Property Records Clause in Contracts

Property Records. The Developer shall maintain real property inventory records which clearly identify properties purchased, improved or sold. Properties retained shall continue to meet eligibility criteria and shall conform with the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(7) and 570.505.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Community Development Block Grant Disaster Recovery Multi Family Unit Rental Development Agreement

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Property Records. The Developer Contractor shall maintain real property inventory records which clearly identify properties purchased, improved or purchased and sold. Properties retained shall continue to meet eligibility criteria and shall conform with the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(7) and Section 570.505.

Appears in 1 contract

Samples: Master Contract

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