StacksVerified U.S. regulatory reference

24 CFR §203.671

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
It is in the Secretary's interest to accept occupied conveyance when one or more of the following are met:
  1. (a)Occupancy of the property is essential to protect it from vandalism from time of acquisition to the time of preparation for sale.
  2. (b)The average time in inventory for HUD's unsold inventory in the residential area in which the property is located exceeds six months.
  3. (c)With respect to multi-unit properties, the marketability of the property would be improved by retaining occupancy of one or more units.
  4. (d)The high cost of eviction or relocation expenses makes eviction impractical.