24 C.F.R. § 242.77

Liens.

Last amended: 2016Year: 2026Length: 139 wordsSubsections: 5Official source

Cite as 24 C.F.R. § 242.77 (2026)

The hospital must be free and clear of all liens other than the insured mortgage, except that the property may be subject to a lien as provided by terms and conditions established by HUD, as follows: (a) An inferior lien made or held by a federal, state, or local government instrumentality; (b) An inferior lien required in connection with a supplemental loan insured pursuant to section 241 of the Act; (c) An inferior or superior lien on equipment as may be approved in connection with an equipment leasing program approved by HUD; (d) An inferior or superior lien on accounts receivable as approved by HUD as collateral for a line of credit or other borrowing by a hospital insured under this part that has extraordinary needs such as cash flow difficulties; or (e) Similar liens otherwise approved by HUD.
24 C.F.R. § 242.77: Liens. | Justis AI