---
kind: "section"
citation: "24 C.F.R. § 242.69"
title: "24"
number: "242.69"
heading: "Transfer fee."
url: "https://uscodex.org/cfr/24/242.69"
---

# §242.69. Transfer fee.


Upon application for review of a transfer of physical assets or the substitution of mortgagors, a transfer fee of 50 cents per thousand dollars of the outstanding principal balance of the mortgage shall be paid to HUD. A transfer fee is not required if both parties to the transfer transaction are not-for-profit or public organizations.


## Notes

### Authority

Authority: 12 U.S.C. 1709, 1710, 1715b, 1715n(f), and 1715u; 42 U.S.C. 3535(d).

### Source

Source: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.