Any provision in any lease or contract requiring unit owners or the owners’ association, in any conversion project involving a contract meeting the requirements of of in any project involving a lease meeting the requirements of , to reimburse, regardless of outcome, the developer, his successor, or affiliate of the developer for attorneys’ fees or money judgments, in a suit between unit owners or the owners’ association and the developer arising under the lease or agreement, is against public policy and void.
Structure US Code
CHAPTER 62— CONDOMINIUM AND COOPERATIVE CONVERSION PROTECTION AND ABUSE RELIEF
§ 3601. Congressional findings and purpose
§ 3607. Termination of self-dealing contracts
§ 3608. Judicial determinations respecting unconscionable leases
§ 3609. Void lease or contract provisions
§ 3610. Relationship of statutory provisions to State and local laws
§ 3612. Concurrent State and Federal jurisdiction; venue; removal of cases
§ 3614. Waiver of rights as void