Common Contracts
1 similar null contracts
Multifamily Rental Program Sample Regulatory AgreementAugust 3rd, 2020
This sample regulatory agreement provides a template for use by grantees and their partners. It is a recommended practice for grantees to enforce affordability during the affordability period through a regulatory agreement that is recorded in the local land records and that will remain in force if the grantee's loan has been repaid. It is also a recommended practice to structure the regulatory agreement so that it will be binding on any future owners of the property, including a lender who acquires the project by foreclosure.
