Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-01-03 - New Homes Regulations
Section 0770-01-03-.01 - GENERAL

Current through December 26, 2024

Builders may reserve funds reserve funds with the Agency for use by eligible mortgagors who purchase new homes built by the builder. To reserve funds, a builder must be determined to be qualified by the Agency and must enter in a Reservation of Funds Agreement with the Agency.

Authority: T.C.A. §13-2315 (18).

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