|
|
Court OpinionsState LawsUS CodeUS Constitution |
Withdrawal of withdrawable real estate - 68 Pa. Cons. Stat. § 3212Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 3212. Withdrawal of withdrawable real estate.
(a) General rule.--To withdraw withdrawable real estate from
a flexible condominium pursuant to an option reserved under
section 3206(1) (relating to contents of declaration; flexible
condominiums), the declarant shall prepare, execute and record
an amendment to the declaration containing a legally sufficient
description of the real estate being withdrawn and stating the
fact of withdrawal. The amendment must reallocate common element
interests, votes in the association and common expense
liabilities to the remaining units in the condominium in
proportion to the respective interests, votes and liabilities of
those units before the withdrawal, and the reallocation is
effective when the amendment is recorded.
(b) When withdrawal prohibited.--If a portion of the
withdrawable real estate was described pursuant to section
3206(6), that portion may not be withdrawn if any person other
than the declarant owns a unit situated therein. If the portion
was not so described, none of it is withdrawable if any person
other than the declarant owns a unit situated therein.
(c) Liability for expenses and right to income.--Until
withdrawal occurs or the period during which withdrawal may
occur expires, whichever occurs first, the declarant alone is
liable for real estate taxes assessed against withdrawable real
estate and all other expenses in connection with that real
estate. No other unit owner and no other portion of the
condominium is subject to a claim for payment of those taxes or
expenses. Unless the declaration provides otherwise, any income
or proceeds from withdrawable real estate inures to the
declarant.
Cross References. Section 3212 is referred to in sections
3103, 3208, 3219, 3414 of this title.
Section: Previous 3205 3206 3207 3208 3209 3210 3211 3212 3213 3214 3215 3216 3217 3218 3219 Next
Last modified: November 27, 2007 |