Title 15, Commerce and TradeRelease 119-102
§3604 Exemptions
Title 15 › CHAPTER 62 — CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF › § 3604
Summary
The rules do not apply to certain co-op and condo sales, projects, and leases. They exclude units sold or offered by the Federal Government, any state or local government, a federal government corporation, or their agencies; projects where every unit is only for nonresidential use; and leases that create a land interest that, if ended, would end the project or cut the number of units, or leases that give rights to use, possess, or access a 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
Aug 21, 2026
Release point: 119-102