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Public offering statement; condominiums containing conversion buildings - 68 Pa. Cons. Stat. § 3404

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     § 3404.  Public offering statement; condominiums containing
                conversion buildings.
        (a)  General rule.--The public offering statement of a
     condominium containing a conversion building must contain, in
     addition to the information required by section 3402 (relating
     to public offering statement; general provisions):
            (1)  A statement by the declarant, based on a report
        prepared by an independent registered architect or
        professional engineer:
                (i)  describing the age and present condition and, if
            known or reasonably ascertainable, the dates of
            construction, installation and major repairs of all
            structural components and mechanical and electrical
            installations, including, but not limited to, roofs,
            plumbing, heating, air conditioning and elevators,
            material to the use and enjoyment of the condominium; and
                (ii)  describing the results of the inspection of the
            units and common elements required pursuant to section
            3411(c) (relating to warranty against structural defects)
            for visible conditions that adversely affect the health
            or safety of residential occupants. The statement should
            also state the extent to which the report by the
            architect or professional engineer is based upon a visual
            inspection of the units as well as the common elements.
            (2)  A statement by the declarant of the expected useful
        life of each item reported on in paragraph (1) including the
        current replacement costs of such item.
            (3)  A list of any outstanding notices of uncured
        violations of building code or other municipal regulations,
        together with the estimated cost of curing those violations.
            (4)  A statement by the declarant, based on a report
        prepared by an independent licensed exterminating company,
        describing the presence at the condominium of any visible
        pest conditions dangerous to health and safety, such as the
        presence of insects and rodents dangerous to health or
        safety, and outlining actions taken or to be taken to
        eliminate the existence of pest conditions dangerous to
        health or safety.
        (b)  Applicability of section.--This section applies only to
     units that may be occupied for residential use.
     (Dec. 18, 1992, P.L.1279, No.168, eff. 45 days)

        Cross References.  Section 3404 is referred to in sections
     3102, 3401, 3411 of this title.

Last modified: November 27, 2007