Rules and regulations
Real Estate Regulation
The Department of Law has issued regulations that govern the marketing and sale of securities that involve cooperative interests in realty — namely, cooperatives, condominiums, homeowners associations, timeshares, and senior residential communities.
A brief description of what each part regulates is provided below:
New York Codes, Rules, and Regulations (NYCRR) title 13 part 16
Regulations governing real estate syndication offerings
NYCRR title 13 part 18
Regulations governing the conversion of occupied residential property to cooperative ownership
NYCRR title 13 part 20
Regulations governing newly constructed, vacant or non-residential condominiums
NYCRR title 13 part 21
Regulations governing newly constructed and vacant cooperatives
NYCRR title 13 part 22
Regulations governing newly constructed, vacant homeowners associations or non-residential property owners associations
NYCRR title 13 part 23
Regulations governing the conversion of occupied residential property to condominium ownership
NYCRR title 13 part 24
Regulations governing timeshare offering plans
NYCRR title 13 part 25
Regulations governing newly constructed or vacant senior residential communities
NYCRR title 13 part 80
Regulations governing intrastate financing of non-real estate securities