FHA Single Family Housing Policy Handbook 4000.1, Part II
HUD effective date: 10/15/2019 · section II.C.1 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part II — 1. Definitions (10/15/2019).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part II — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part II — 1. Definitions (10/15/2019)
C. CONDOMINIUM PROJECT APPROVAL Condominium Project Approval can be issued by FHA staff through the HUD Review and Approval Process (HRAP) or by an FHA-approved Mortgagee through the Direct Endorsement Lender Review and Approval Process (DELRAP). Mortgagees with Unconditional DELRAP Authority are authorized to review condominium documentation, determine Condominium Project eligibility, and certify to compliance with section 203(b) of the National Housing Act and 24 CFR Part 203 of FHA’s regulations as part of the Condominium Project Approval process. 1. Definitions (10/15/2019) Condominium Project refers to a project in which one-family Dwelling Units are attached, semi- detached, detached, or Manufactured Home units, and in which owners hold an undivided interest in Common Elements. Common Elements refer to the Condominium Project’s common areas and facilities including underlying land and buildings, driveways, parking areas, elevators, outside hallways, recreation and landscaped areas, and other elements described in the condominium declaration. Condominium Unit (Unit) refers to real estate consisting of a one-family Dwelling Unit in a Condominium Project. Infrastructure refers to the Condominium Project’s streets, storm water management, water and sewage systems, and utilities, along with the Condominium Project’s Common Elements and any similar items, called for in the Condominium Project or Legal Phase. Condominium Project Approval refers to the process to determine a Condominium Project’s compliance with FHA’s Condominium Project Approval requirements. Approved Condominium Project refers to a Condominium Project that meets FHA Condominium Project Approval requirements as determined by review under DELRAP or HRAP. Condominium Association refers to the organization, regardless of its formal legal name, that consists of homeowners within a Condominium Project for the purpose of managing the financial and common-area assets.
Operationalizing FHA Single Family Housing Policy Handbook 4000.1, Part II
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To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/hud-4000-1-ii-1-definitions/
· register hud-4000-1-ii-1-definitions · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.