Common use of Property Records Clause in Contracts

Property Records. SUBRECIPIENT shall maintain real property inventory records, which clearly identify properties purchased, improved, or sold pursuant to this CONTRACT. Properties retained shall continue to meet eligibility criteria, rental limitations, health, safety and building codes, etc., and shall conform to 24 CFR 570.505.

Appears in 3 contracts

Samples: Contract #16 22 0037 Ps, Contract for Public Services, Contract for Public Facilities & Improvements, Housing Rehabilitation and Public Services

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Property Records. SUBRECIPIENT shall maintain real property inventory records, which clearly identify properties purchased, improved, or sold pursuant to this CONTRACTsold. Properties retained shall continue to meet eligibility criteria, rental limitations, health, safety and building codes, etc., and shall conform to 24 CFR 570.505.

Appears in 1 contract

Samples: Contract for Public Services Housing Rehabilitation

Property Records. The SUBRECIPIENT shall maintain real property inventory records, which records that clearly identify properties purchased, improved, improved or sold pursuant to this CONTRACTsold. Properties retained shall continue to meet eligibility criteria, rental limitations, health, safety and building codes, etc., criteria and shall conform to the “changes in use” restrictions specified in 24 CFR 570.505Section 570.503(b)(8), as applicable.

Appears in 1 contract

Samples: Community Development Block Grant Contract

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Property Records. The SUBRECIPIENT shall maintain real property inventory records, which clearly identify properties purchased, improved, improved or sold pursuant to this CONTRACTsold. Properties retained shall continue to meet eligibility criteria, rental limitations, health, safety and building codes, etc., criteria and shall conform to the "changes in use" restrictions specified in 24 CFR 570.505Part 570.503(b) (8).

Appears in 1 contract

Samples: Subrecipient Agreement

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