legislation: 98-hr-4724

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
98-hr-4724 98 hr 4724 National Condominium Act of 1984 Housing and Community Development 1984-02-02 1984-02-15 Referred to Subcommittee on Housing and Community Development. House Rep. Collins, Cardiss [D-IL-7] IL D C000634 0 National Condominium Act of 1984 - Provides for the designation of an Assistant Secretary for Condominiums within the Department of Housing and Urban Development to assist in the planning, development, construction, and operation of condominiums or the purchase of condominium units. Prohibits the Secretary of Housing and Urban Development from making any housing loan to a developer of a condominium project unless the developer discloses information assuring compliance with specified standards governing the sale and conversion of condominiums. Allows any purchaser of a federally-assisted condominium at least 30 days after signing a purchase agreement to cancel such agreement. Directs the Secretary to assist State and local governments to establish standards to protect purchasers of condominiums and residents of structures being converted to condominiums. Authorizes the Secretary to make grants to such governments for the establishment of offices to enforce such standards. Authorizes appropriations. Establishes penalties for violations of this Act. 2025-08-29T17:37:53Z  

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