---
kind: "section"
citation: "7 C.F.R. § 1955.141"
title: "7"
number: "1955.141"
heading: "Transferring title."
url: "https://uscodex.org/cfr/7/1955.141"
---

# §1955.141. Transferring title.

- (a) -(c) [Reserved]
- (d) **Rent increases for MFH property.** After approval of a credit sale for an occupied MFH project, but prior to closing, the purchaser will prepare a realistic budget for project operation (and a utility allowance, if applicable) to determine if a rent increase may be needed to continue or place project operations on a sound basis. [7 CFR part 3560](/cfr/7/part3560.md), [subpart E](/cfr/7/subpartE.md) will be followed in processing the request for a rent increase. In processing the rent increase, the purchaser will have the same status as a borrower. An approved rent increase will be effective on or after the date of closing.
- (e) **Interest credit and rental assistance for MFH property.** Interest credit and rental assistance may be granted to program applicants purchasing MFH properties in accordance with the provisions of [7 CFR part 3560](/cfr/7/part3560.md), subpart F.

## Notes

### Amendments

[53 FR 27838, July 25, 1988, as amended at 56 FR 2257, Jan. 22, 1991; 57 FR 36592, Aug. 14, 1992; 60 FR 34455, July 3, 1995; 69 FR 69106, Nov. 26, 2004]

### Authority

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.

### Source

Source: 50 FR 23904, June 7, 1985, unless otherwise noted.

### Amendments

[53 FR 27838, July 25, 1988, as amended at 56 FR 2257, Jan. 22, 1991; 57 FR 36592, Aug. 14, 1992; 60 FR 34455, July 3, 1995; 69 FR 69106, Nov. 26, 2004]