Property charges

Property charges means, unless otherwise specified, obligations of the borrower that include property taxes, hazard insurance premiums, any applicable flood insurance premiums, ground rents, condominium fees, planned unit development fees, homeowners' association fees, and any other special assessments that may be levied by municipalities or state law.

Source

24 CFR § 206.3


Scoping language

As used in this part, the following terms shall have the meaning indicated.

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