§ 162

A tenant wishing to exchange and take over an apartment owned by a municipality, a public housing organization, a student housing company, or a foundation must meet the specific conditions applicable to the takeover of such apartments. A pension fund or similar entity that only re-rents apartments to its members upon retirement is considered equivalent to a foundation.

Stk. 2.It may be required that a person obtaining an apartment in a cooperative housing association through exchange must become a member of the association.

Stk. 3.The right to exchange applies regardless of any statutory limitations on residents' exchange rights.