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42 U.S.C. § 2346 — Occupancy by existing tenants

submitted 71 years ago by ch. 543 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 119 words · no verdicts yet

in plain englishAI-generated · not legal advice

When a qualifying occupant applies while a single or duplex house has its first-priority offer, the Commission must provide a lease limited to one year or the shorter period of project-connected status. The Commission may make a buyer assume lease duties but guarantees the tenant’s performance.

When an occupant of a single or duplex house applies during the first-priority period when the house is first offered for sale, the Commission must give that occupant a lease. The lease may last no more than one year from the first offer date or the period the occupant remains a project-connected person, whichever is shorter. If the house is sold while that lease is in force, the Commission may require the buyer to take on some or all lessor duties, but the Commission must guarantee the lessee’s performance under the lease.
the actual law source: uscode.house.gov ↗public domain

Upon application by any occupant of a single or duplex house made within the period of the first priority when such house is first offered for sale under this chapter, the Commission shall execute a lease to such occupant for a period not to exceed one year from the date on which such property is first offered for sale, or for such period as he remains a project-connected person, whichever is shorter. In selling any house with respect to which a lease executed under this section is in effect, the Commission may provide that the purchaser shall assume any or all obligations of the lessor, but the Commission shall guarantee the lessee’s performance under the terms of the lease.

Source credit: (Aug. 4, 1955, ch. 543, ch. 5, § 56, 69 Stat. 478.)

history & why it existsrecord from the source credit
  • 1955Enacted · Act of Aug. 4, 1955, ch. 543 · 69 Stat. 478

A history note hasn’t been published yet. The record shows enactment by ch. 543 on 1955-08-04.

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