2016 US Code
Title 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

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Citation 15 U.S.C. § 3605 (2016)
Section Name §3605. Notice of conversion and opportunity to purchase; responsibility of State and local governments
Section Text

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.

Source Credit

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

Publication Title United States Code, 2012 Edition, Supplement 4, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 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
Contains section 3605
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 94 Stat. 1676
Public Law References Public Law 96-399
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