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(DOWNLOAD) "Boston Five Cents Savings Bank v. Secretary of Department of Housing and Urban Development" by United States Court of Appeals for the First Circuit # Book PDF Kindle ePub Free

Boston Five Cents Savings Bank v. Secretary of Department of Housing and Urban Development

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eBook details

  • Title: Boston Five Cents Savings Bank v. Secretary of Department of Housing and Urban Development
  • Author : United States Court of Appeals for the First Circuit
  • Release Date : January 19, 1985
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 78 KB

Description

This suit by The Boston Five Cents Savings Bank against the Department of Housing and Urban Development (HUD) and Kenmore Tower Corporation arises out of HUDs approval of Kenmores conversion of its ordinary rental apartments to cooperatively owned apartments. The Bank wants a declaratory judgment stating that the conversion violates the mortgage agreement between Kenmore and the Bank -- a mortgage that the Department of Housing and Urban Development (HUD) has guaranteed. See § 207 of the National Housing Act, 12 U.S.C. § 1713. The Bank claims that the conversion violates three clauses in the agreement


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