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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

National Condominium Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

A bill to protect purchasers and prospective purchasers of condominium housing units, and residents of multifamily structures being converted to condominium units, by providing for the establishment of national minimum standards for condominiums to encourage the States to establish similar standards.


Actions Overview (1)

Date
03/01/1977Introduced in House

All Actions (2)

Date
03/01/1977Referred to House Committee on Banking, Finance and Urban Affairs.
Action By: House of Representatives
03/01/1977Introduced in House
Action By: House of Representatives

Cosponsors (11)

Congress.gov databases include cosponsorship dates (including identification of "original" cosponsors) since 1981 (97th Congress). Prior to 1981, you may be able to find some information online, but often the information is available only in print form.

Cosponsor
Rep. Badillo, Herman [D-NY-21]
Rep. Brodhead, William [D-MI-17]
Rep. Brown, George E., Jr. [D-CA-36]
Rep. Burke, J. Herbert [R-FL-12]
Rep. Chisholm, Shirley [D-NY-12]
Rep. Richmond, Frederick W. [D-NY-14]
Rep. Roybal, Edward R. [D-CA-25]
Rep. Spellman, Gladys Noon [D-MD-5]

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Banking, Finance, and Urban Affairs03/01/1977 Referred to

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Subjects (4)


Latest Summary (1)

There is one summary for H.R.4175. View summaries

Shown Here:
Introduced in House (03/01/1977)

National Condominium Act - Establishes requirements for federally assisted condominium housing loans, including a statement by the developer to the Secretary of Housing and Urban Development containing information concerning the nature of the project, and the owner's estimated operating costs and assurances of warranty, completion date, developer's responsibility for structural defects, and of owners' rights to form an association.

Requires that recreation fees be stated separately from any other fees charged purchasers of dwelling units in the project.

Establishes requirements to protect tenants in a leased-unit structure to be converted to condominium use, including assurances that tenants have received prior notice, a period of at least three months to decide whether or not to purchase their units and for those tenants renting under a lease, specific protection from eviction and abridgment of the lease.

Requires developers to disclose to new purchasers operating costs, service benefits, and planned structure alterations. Requires a 15-day cancellation period.

Requires the Secretary to publish a form for developers embodying provisions for all of the information required in such statement.

Authorizes the Secretary to make grants to State and local governments to help establish or expand offices or agencies to administer similar requirements and procedures.

Sets forth penalties for the violation of this Act.