| Measure Title: | RELATING TO CONDOMINIUM AND COOPERATIVE HOUSING CORPORATION LEASE-TO-FEE CONVERSION. |
| Report Title: | Condo and Co-op Lease-fee Conversion |
| Description: | Establishes a fair market value standard (FMVS) for determining the value of the leased fee interest for condos and co-op housing corporations that must be used (1) for leases executed after the effective date of the Act and (2) for pre-existing leases that do not specify an appraisal standard, and that may be used upon agreement of the lessor and lessee for pre-existing leases that specify an appraisal standard. |
| Package: | None |
| Companion: | |
| Introducer(s): | HAMAKAWA |
| Current Referral: | HSH, CPC |
| Date | Status Text | |
|---|---|---|
| 1/24/2001 | H | Introduced |
| 1/25/2001 | H | Pass First Reading |
| 1/26/2001 | H | Referred to the committees on HSH, CPC, referral sheet 4. |
| 7/23/2001 | D | Carried over to 2002 Regular Session. |
$ = Appropriation measure
ConAm = Constitutional Amendment