---
kind: "section"
citation: "24 C.F.R. § 886.111"
title: "24"
number: "886.111"
heading: "Term of contract."
url: "https://uscodex.org/cfr/24/886.111"
---

# §886.111. Term of contract.


A Contract may be for an initial term of not more than 5 years, renewable for successive 5 year terms by agreement between HUD and the Owner: Provided, That the total Contract term, including renewals, shall not exceed 15 years.


## Notes

### Source

Source: 42 FR 5603, Jan. 28, 1977, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 1437a, 1437c, 1437f, 3535(d), and 13611-13619.