preexisting tenant

(7) Preexisting tenant The term “preexisting tenant” means, with respect to a multifamily housing project acquired pursuant to this section by a purchaser other than the Secretary at foreclosure or after sale by the Secretary, a family that resides in a unit in the project immediately before the acquisition of the project by the purchaser.


12 USC § 1701z-11(b)(7)

Scoping language

For purposes of this section
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