Definitions.

CFR · 2024-01-01 · US · Title 12

For the purposes of this part, the following definitions apply: (1) Are conducted in or protect the burdened community or adjacent or contiguous property, or (2) Are conducted on other property that is used primarily by residents of the burdened community. (1) Imposed by or payable to the Federal government or a State or local government; or (2) That defray actual costs of the transfer of the property, including transfer of membership in the relevant covered association. (1) Purports to run with the land or to bind current owners of, and successors in title to, such real property; and (2) Obligates a transferee or transferor of all or part of the property to pay a private transfer fee upon transfer of an interest in all or part of the property, or in consideration for permitting such transfer.

official document · source cfr-2024 · id 12:§ 1228.1