Title 15 — Commerce and Trade
Chapter 62 — Condominium and Cooperative Conversion Protection and Abuse Relief
§ 3604. Exemptions
Statutory text
The provisions of this chapter shall not apply to—
a cooperative or condominium unit sold or offered for sale by the Federal Government, by any State or local government, by any corporate instrumentality of the United States, or by any agency thereof;
a cooperative or condominium project in which all units are restricted to nonresidential purposes or uses; or
any lease or portion thereof—
which establishes any leasehold or other estate or interest in, over or under land on or in which one or more residential condominium or cooperative units are located, the termination of which will terminate the condominium or cooperative project, or reduce the number of units in such project, or
which establishes a leasehold interest in, or other rights to use, possess, or gain access to, a condominium or cooperative unit.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Condominium and Cooperative Abuse Relief Act of 1980
Pub. L. 96–399 title VI § 605 · 94 Stat. 1614
Enacted · 15 U.S.C. § 3604
(Pub. L. 96–399, title VI, § 605, Oct. 8, 1980, 94 Stat. 1675.)
Source evidence
Code source credit
(Pub. L. 96–399, title VI, § 605, Oct. 8, 1980, 94 Stat. 1675.)Enacted provision · exact public law section
Sec. 605. exemptions The provisions of this title shall not apply to— 15 USC 3604. (1) a cooperative or condominium unit sold or offered for sale by the Federal Government, by any State or local government, by any corporate instrumentality of the United States, or by any agency thereof; (2) a cooperative or condominium project in which all units are restricted to nonresidential purposes or uses; or (3) any lease or portion thereof— (A) which establishes any leasehold or other estate or interest in, over or under land on or in which one or more residential condominium or cooperative units are located, the termination of which will terminate the condominium or cooperative project, or reduce the number of units in such project, or (B) which establishes a leasehold interest in, or other rights to use, possess, or gain access to, a condominium or cooperative unit.
1 of 1 references resolved to an enrolled provision