Rules and Regulations
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. Copies of the unofficial regulations may be accessed through Westlaw.
Part 16 of Title 13 NYCRR
Regulations governing Real Estate Syndication Offerings
Part 18 of Title 13 NYCRR
Regulations Governing the Conversion of Occupied Residential Property to Cooperative Ownership
Part 20 of Title 13 NYCRR
Regulations Governing Newly Constructed, Vacant or Non-Residential Condominiums
Part 21 of Title 13 NYCRR
Regulations Governing Newly Constructed and Vacant Cooperatives
Part 22 of Title 13 NYCRR
Regulations Governing Newly Constructed, Vacant Homeowners Associations or Non-Residential Property Owners Associations
Part 23 of Title 13 NYCRR
Regulations Governing the Conversion of Occupied Residential Property to Condominium Ownership
Part 24 of Title 13 NYCRR
Regulations Governing Timeshare Offering Plans
Part 25 of Title 13 NYCRR
Regulations Governing Newly Constructed or Vacant Senior Residential Communities
Part 80 Intrastate Financing
Regulations Governing Intrastate Financing of Non-Real Estate Securities