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Real Estate Department
Purchasing Property: 18 Month Right of Re-entry 18 Month Right of Reentry: The agency USES AND WILL ENFORCE AN 18 MONTH RIGHT OF REENTRY to encumber property. This prevents speculation and encourages completion of the renovation. At the time of sale, we will require you to sign a deed returning the property to the Agency in 18 months, unless the property is completed. Follow-up inspections by staff, 16 months after closing, will determine if the property has been completed. Purchasing Property Home This Page Last Modified: Monday, 19-Nov-2007 16:42:14 CST |
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