24 CFR § 904.117 - Responsibilities of homebuyer after acquisition of ownership.
---
identifier: "/us/cfr/t24/s904.117"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 904.117 - Responsibilities of homebuyer after acquisition of ownership."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "904.117"
section_name: "Responsibilities of homebuyer after acquisition of ownership."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "904"
part_name: "LOW RENT HOUSING HOMEOWNERSHIP OPPORTUNITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 1437-1437ee and 3535(d)."
regulatory_source: "39 FR 10966, Mar. 22, 1974, unless otherwise noted. Redesignated at 40 FR 15580, Apr. 7, 1975, and further redesignated at 49 FR 6714, Feb. 23, 1984."
cfr_part: "904"
---
# 904.117 Responsibilities of homebuyer after acquisition of ownership.
After acquisition of ownership, each homeowner shall be required to pay to the LHA or to the homeowners association, as appropriate, a monthly fee for (a) the maintenance and operation of community facilities including utility facilities, if any, (b) the maintenance of grounds and other common areas and, (c) such other purposes as determined by the LHA or the homeowners association, as appropriate, including taxes and a provision for a reserve. This requirement shall be set out in the planned unit development or condominium documents which shall be recorded prior to the date of full availability, or in an LHA-homeowner contract in this regard.