{"data":{"id":"us/24-cfr-234.65","jurisdiction":"us","citation":"24 CFR 234.65","heading":"Nature of title.","body":"A mortgage, to be eligible for insurance, shall be on a fee interest in, or on a leasehold interest in, a one-family unit in a project including an undivided interest in the common areas and facilities, and such restricted common areas and facilities as may be designated. To be eligible, a leasehold interest shall be under a lease for not less than 99 years which is renewable, or under a lease having a period of not less than 10 years to run beyond the maturity date of the mortgage.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 234—CONDOMINIUM OWNERSHIP MORTGAGE INSURANCE","Subpart A—Eligibility Requirements—Individually Owned Units"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"cd58b8b5097231d03b11f6d9b0c664632a6cb741fe2c17b481cf6de039fbb111","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-234.63","next":"us/24-cfr-234.66"},"notice":"GroundRules: Original legal text. Not legal advice."}