Sun Sep 24 14:28:04 EDT 2023
HomeBlogHUD 5.1.12.5: No Pre and Post Conveyance

HUD 5.1.12.5: No Pre and Post Conveyance

5.1.12.5  Prohibition on Pre-Conveyance Preservation and Protection Work

The Field Service Manager or its agent is prohibited from performing both pre-conveyance work on FHA Single Family Insured properties. In the event that the a Field Service Manager or its agent performs pre-conveyance work, the fees associated with post-conveyance work are expressly unallowable and will not be paid. The Field Service Manager must obtain written certification on an annual basis from its subcontractors affirming that they do not perform pre-conveyance work on FHA Single Family Insured properties . . .

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