### Question
What does preferred purchaser mean?


### Answer
**Preferred purchaser** has the following meaning in *12 U.S.C. § 1710*:

> a purchaser described in paragraph (4)

#### Citation:
  - *12 U.S.C. § 1710*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

