15 USC Ch. 62: Front Matter
From Title 15-COMMERCE AND TRADECHAPTER 62-CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
CHAPTER 62-CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
Sec.
3601.
Congressional findings and purpose.
3602.
Conversion lending.
3603.
Definitions.
3604.
Exemptions.
3605.
Notice of conversion and opportunity to purchase; responsibility of State and local governments.
3606.
Federal Housing Administration mortgage or loan insurance; expedition of application process and decision.
3607.
Termination of self-dealing contracts.
(a)
Operation, maintenance, and management contracts; penalty.
(b)
Time of termination.
(c)
Vote of owners of units.
(d)
Effective date of termination.
3608.
Judicial determinations respecting unconscionable leases.
(a)
Lease characteristics; authorization by unit owners; conditions precedent to action.
(b)
Presumption of unconscionability; rebuttal.
(c)
Presentation of evidence after finding of unconscionability.
(d)
Remedial relief; matters considered; attorneys' fees.
(e)
Actions allowed after termination of special developer control.
3609.
Void lease or contract provisions.
3610.
Relationship of statutory provisions to State and local laws.
3611.
Additional remedies.
(a)
Suits at law or equity.
(b)
Recovery of actual damages.
(c)
Contribution.
(d)
Amounts recoverable; defendant's attorneys' fees.
3612.
Concurrent State and Federal jurisdiction; venue; removal of cases.
3613.
Limitation of actions.
3614.
Waiver of rights as void.
3615.
Nonexclusion of other statutory rights and remedies.
3616.
Separability.