2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 62 - Condominium and Cooperative Conversion Protection and Abuse Relief (Sections 3601 - 3616)
Sec. 3605 - Notice of conversion and opportunity to purchase; responsibility of State and local governments

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Metadata

Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 62 - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
Sec. 3605 - Notice of conversion and opportunity to purchase; responsibility of State and local governments
Containssection 3605
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditPub. L. 96-399, title VI, §606, Oct. 8, 1980, 94 Stat. 1676.
Statutes at Large Reference94 Stat. 1676
Public and Private LawPublic Law 96-399

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15 U.S.C. § 3605 (2015)

§3605. Notice of conversion and opportunity to purchase; responsibility of State and local governments

It is the sense of the Congress that, when multifamily rental housing projects are converted to condominium or cooperative use, tenants in those projects are entitled to adequate notice of the pending conversion and to receive the first opportunity to purchase units in the converted projects and that State and local governments which have not already provided for such notice and opportunity for purchase should move toward that end. The Congress believes it is the responsibility of State and local governments to provide for such notice and opportunity to purchase in a prompt manner. The Congress has decided not to intervene and therefore leaves this responsibility to State and local governments to be carried out.

(Pub. L. 96–399, title VI, §606, Oct. 8, 1980, 94 Stat. 1676.)

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