Lease requirements.

CFR · 2024-01-01 · US · Title 7

(a) (b) (2) Initial leases must be for a 1-year period. (3) If the tenant is not subject to occupancy termination according to § 3560.158 and § 3560.159, a renewal lease or lease extension must be for a 1-year period. (4) In areas with a concentration of non-English speaking populations, leases (including the occupancy rules) must be available in both English and the non-English language. (5) Leases must give the address of the management agent to which tenants may direct complaints. (6) Leases must include a statement of the terms and conditions for modifying the lease. (c) (2) Leases must contain a clause permitting escalation in the tenant contribution when there is an Agency-approved change in basic or note rate rents prior to the expiration of the lease. The escalation clause also must specify that the tenant contribution (3) Leases must specify that no change in the tenant contribution will occur due to monetary or non-monetary default or when rental assistance or interest credit, is suspended, canceled, or terminated due to the borrower's fault. For information on tenant contributions when a borrower prepays the Agency loan, refer to subpart N of this part. (4) Leases must contain a requirement that tenants make restitution when unauthorized assistance is received due to applicant or tenant fraud or misrepresentation and a statement advising tenants that submission of false information could result in legal action. (5) Leases must include a statement that the housing p

official document · source cfr-2024 · id 7:§ 3560.156