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§ 3604. —  Exemptions.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC3604]

 
                      TITLE 15--COMMERCE AND TRADE
 
CHAPTER 62--CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE 
                                 RELIEF
 
Sec. 3604. Exemptions

    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.

(Pub. L. 96-399, title VI, Sec. 605, Oct. 8, 1980, 94 Stat. 1675.)



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