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United States · Bill · HR

H.R. 3586 (94th)

National Condominium Act

referredUnited States· United States Congress· EN

Introduced

24 February 1975

Last action

Status

Referred to House Committee on Banking, Currency and Housing.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

National Condominium Act - Establishes minimum national standards for all condominium units the sale of which is financed with Federal assistance in any form, and encourages the States through a new program of Federal grants to establish such standards to protect both the residents of previously leased units to be converted and the potential purchasers of such units from undue hardships and unexpected economic expense. States that any person who willfully violates any of the provisions of this Act shall be fined not less than $15,000 and be imprisoned for not less than two years.

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Documents

1 official file

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Sources

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