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e-CFR data is current as of August 6, 2020

Title 41Subtitle FChapter 302Subchapter EPart 302-11Subpart C → §302-11.201


Title 41: Public Contracts and Property Management
PART 302-11—ALLOWANCES FOR EXPENSES INCURRED IN CONNECTION WITH RESIDENCE TRANSACTIONS
Subpart C—Reimbursable Expenses


§302-11.201   When may my reimbursement for loan assumption fees or other similar fees exceed the 1 percent as specified in §302-11.200(f)(2)?

Reimbursement may exceed 1 percent (as specified in §302-11.200(f)(2) only when you provide evidence that the higher rate:

(a) Does not include prepaid interest, points, or a mortgage discount; and

(b) Is customarily charged in the locality where the residence is located.

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