---
kind: "section"
citation: "25 C.F.R. § 162.349"
title: "25"
number: "162.349"
heading: "May a lessee assign a residential lease?"
url: "https://uscodex.org/cfr/25/162.349"
---

# §162.349. May a lessee assign a residential lease?

- (a) A lessee may assign a residential lease by meeting the consent requirements in [§ 162.350](/cfr/25/162.350.md) and obtaining our approval of the assignment under §§ [162.351](/cfr/25/162.351.md) and [162.352](/cfr/25/162.352.md) or by meeting the conditions in [paragraph (b)](#b) of this section.
- (b) The lessee may assign the lease without our approval or meeting consent requirements if:
  - (1) The lease is for housing for public purposes, or the assignee is a leasehold mortgagee or its designee, acquiring the lease either through foreclosure or by conveyance;
  - (2) The assignee agrees in writing to assume all of the obligations and conditions of the lease; and
  - (3) The assignee agrees in writing that any transfer of the lease will be in accordance with applicable law under [§ 162.014](/cfr/25/162.014.md).

## Notes

### Source

Source: 77 FR 72474, Dec. 5, 2012, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 301, R.S. 463 and 465; 25 U.S.C. 2 and 9. Interpret or apply sec. 3, 26 Stat. 795, sec. 1, 28 Stat. 305, secs. 1, 2, 31 Stat. 229, 246, secs. 7, 12, 34 Stat. 545, 34 Stat. 1015, 1034, 35 Stat. 70, 95, 97, sec. 4, 36 Stat. 856, sec. 1, 39 Stat. 128, 41 Stat. 415, as amended, 751, 1232, sec. 17, 43 Stat. 636, 641, 44 Stat. 658, as amended, 894, 1365, as amended, 47 Stat. 1417, sec. 17, 48 Stat. 984, 988, 49 Stat. 115, 1135, sec. 55, 49 Stat. 781, sec. 3, 49 Stat. 1967, 54 Stat. 745, 1057, 60 Stat. 308, secs. 1, 2, 60 Stat. 962, sec. 5, 64 Stat. 46, secs. 1, 2, 4, 5, 6, 64 Stat. 470, 69 Stat. 539, 540, 72 Stat. 968, 107 Stat. 2011, 108 Stat. 4572, March 20, 1996, 110 Stat. 4016; 25 U.S.C. 380, 393, 393a, 394, 395, 397, 402, 402a, 403, 403a, 403b, 403c, 409a, 413, 415, 415a, 415b, 415c, 415d, 416, 477, 635, 2201 et seq., 3701, 3702, 3703, 3712, 3713, 3714, 3715, 3731, 3733, 4211; 44 U.S.C. 3101 et seq.

### Source

Source: 66 FR 7109, Jan. 22, 2001, unless otherwise noted.