Common use of Standards and Inspection Requirements Clause in Contracts

Standards and Inspection Requirements. The Owner shall comply with the Physical Condition Standards and Inspection Requirements of 24 CFR Part 5, Subpart G, including any changes in the regulation and related Directives. In addition, the Owner shall comply with HUD's Physical Condition Standards of Multifamily Properties of 24 CFR Part 200, Subpart P, including any changes in the regulation and related Directives. This obligation shall apply both during the current term of the HAP Contract and during each successive renewal term.

Appears in 4 contracts

Samples: Purchase and Sale Contract (Consolidated Capital Properties Iv), Purchase and Sale Contract (Shelter Properties Ii LTD Partnership), Purchase and Sale Contract (Angeles Income Properties LTD 6)

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Standards and Inspection Requirements. The Owner shall comply with the Physical Condition Standards and Inspection Requirements of 24 CFR Part 5, Subpart G, including any changes in the regulation and related Directives. In addition, the Owner shall comply with HUD's ’s Physical Condition Standards of Multifamily Properties of 24 CFR Part 200, Subpart P, including any changes in the regulation and related Directives. This obligation shall apply both during the current term of the HAP Contract contract and during each successive renewal term.

Appears in 3 contracts

Samples: Assistance Payments Contract, Assistance Payments Contract, Assignment, Assumption and Amendment Agreement

Standards and Inspection Requirements. The Owner shall comply with the Physical Condition Standards and Inspection Requirements of 24 CFR Part 5, Subpart G, including any changes in the regulation and related Directives. In addition, the Owner shall comply with HUD's Physical Condition Standards of Multifamily Properties of 24 CFR Part 200, Subpart P, including any changes in the regulation and related Directives. This obligation shall apply both during the current term of the HAP Contract contract and during each successive renewal term.

Appears in 2 contracts

Samples: www.hud.gov, Assistance Contract

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Standards and Inspection Requirements. The Owner shall comply with the Physical Condition Standards and Inspection Requirements of 24 CFR Part 5, Subpart G, including any changes in the regulation and related Directives. In addition, the Owner shall comply with HUD's ’s Physical Condition Standards of Multifamily Properties of 24 CFR Part 200, Subpart P, including any changes in the regulation and related Directives. This obligation shall apply during both during the current term of the HAP Contract contract and during each successive renewal term.

Appears in 1 contract

Samples: Housing Assistance Contract

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