68 Pennsylvania Consolidated Statutes Chapter 34 - Protection Of Purchasers

• Chapter Notes
• Section 3401 - Applicability; Waiver
  (a) General rule.--This chapter applies to all units subject to this subpart, except as provided in subsection (b) and section 3411 (relating to warranty...
• Section 3402 - Public Offering Statement; General Provisions
  (a) General rule.--Except as provided in subsection (b), a public offering statement must contain or fully and accurately disclose: (1) The name and principal...
• Section 3403 - Public Offering Statement; Time-share Estates
  (a) Definition.--For purposes of this section, "time-share estate" means either: (1) an "interval estate," meaning a combination of: (i) an estate for years in...
• Section 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...
• Section 3405 - Public Offering Statement; Condominium Securities
  If an interest in a condominium is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies all requirements...
• Section 3406 - Purchaser's Right To Cancel
  (a) General rule.--In cases where delivery of a public offering statement is required under section 3401 (relating to applicability; waiver), a declarant shall provide...
• Section 3407 - Resales Of Units
  (a) Information supplied by unit owner.--In the event of a resale of a unit by a unit owner other than a declarant, the unit...
• Section 3408 - Escrow Of Deposits
  Any deposit (which shall not include any installment payment under an installment sales contract nor payments specifically stated in a sales contract to be...
• Section 3409 - Release Of Liens
  (a) General rule.--Before conveying a unit, other than by deed in lieu of foreclosure, to a purchaser other than a declarant, a declarant shall...
• Section 3410 - Condominiums Containing Conversion Buildings
  (a) Notice of conversion.--The declarant of every condominium containing one or more conversion buildings shall give each of the residential tenants and residential subtenants,...
• Section 3411 - Warranty Against Structural Defects
  (a) Definition.--As used in this section, "structural defects" means those defects in components constituting any unit or common element which reduce the stability or...
• Section 3412 - Effect Of Violations On Rights Of Action
  If a declarant or any other person subject to this subpart violates any provision thereof or any provision of the declaration or bylaws, any...
• Section 3413 - Labeling Of Promotional Material
  If any improvement contemplated in a condominium is required by section 3210(b)(3) (relating to plats and plans) to be labeled "NEED NOT BE BUILT"...
• Section 3414 - Declarant's Obligation To Complete And Restore
  (a) Completing improvements.--The declarant shall complete all improvements labeled "MUST BE BUILT" on plats or plans prepared pursuant to section 3210 (relating to plats...

Last modified: October 8, 2016