---
kind: "section"
citation: "24 C.F.R. § 203.671"
title: "24"
number: "203.671"
heading: "Criteria for determining the Secretary's interest."
url: "https://uscodex.org/cfr/24/203.671"
---

# §203.671. Criteria for determining the Secretary's interest.


It is in the Secretary's interest to accept occupied conveyance when one or more of the following are met:

- (a) Occupancy of the property is essential to protect it from vandalism from time of acquisition to the time of preparation for sale.
- (b) The average time in inventory for HUD's unsold inventory in the residential area in which the property is located exceeds six months.
- (c) With respect to multi-unit properties, the marketability of the property would be improved by retaining occupancy of one or more units.
- (d) **The high cost of eviction or relocation expenses makes eviction impractical.**

## Notes

### Amendments

[45 FR 59563, Sept. 10, 1980, as amended at 56 FR 46967, Sept. 16, 1991; 58 FR 54246, Oct. 20, 1993]

### Source

Source: 41 FR 49736, Nov. 10, 1976, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

### Amendments

[45 FR 59563, Sept. 10, 1980, as amended at 56 FR 46967, Sept. 16, 1991; 58 FR 54246, Oct. 20, 1993]