Title 15 — Commerce and TradeRelease 119-73

§3604 Exemptions

Title 15 › Chapter CHAPTER 62— - CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF › § 3604

Last updated Apr 6, 2026|Official source

Summary

Does not apply to: (1) a co-op or condo unit sold or offered by the federal government, any state or local government, or by a federal corporation or agency; (2) a co-op or condo project where every unit is for nonresidential use; or (3) any lease or part of a lease that—(A) creates a leasehold or similar property interest in the land holding one or more residential condo or co-op units and whose end would end the project or cut its unit count, or (B) creates a leasehold interest or gives rights to use, possess, or get access to a condo or co-op unit.

Full Legal Text

Title 15, §3604

Commerce and Trade — Source: USLM XML via OLRC

The provisions of this chapter shall not apply to—

(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.

Reference

Citations & Metadata

Citation

15 U.S.C. § 3604

Title 15 — Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73