68 Pennsylvania Consolidated Statutes Chapter 54 - Protection Of Purchasers

• Chapter Notes
• Section 5401 - Applicability; Waiver
  (a) General rule.--This chapter applies to all units subject to this subpart, except as provided in subsection (b) and section 5411 (relating to warranty...
• Section 5402 - 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 5403 - Public Offering Statement; Time-share Estates
  If the declarant provides that ownership or occupancy of any units are or may be owned in time-shares, the public offering statement shall contain...
• Section 5404 - Public Offering Statement; Planned Communities Containing Conversion Buildings
  (a) General rule.--The public offering statement of a planned community containing a conversion building must contain, in addition to the information required by section...
• Section 5405 - Public Offering Statement; Planned Community Securities
  If an interest in a planned community is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies all...
• Section 5406 - Purchaser's Right To Cancel
  (a) General rule.--In cases where delivery of a public offering statement is required under section 5401 (relating to applicability; waiver), a declarant shall provide...
• Section 5407 - 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 5408 - Escrow Of Deposits
  (a) General rule.--Any deposit (which shall not include any installment payment under an installment sales contract nor a payment specifically stated in a sales...
• Section 5409 - 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 5410 - Planned Communities Containing Conversion Buildings
  (a) Notice of conversion.--The declarant of every planned community containing one or more conversion buildings shall give each of the residential tenants and residential...
• Section 5411 - Warranty Against Structural Defects
  (a) Scope.--Nothing in this section shall be construed to make the declarant responsible for any items of maintenance relating to the units or common...
• Section 5412 - Effect Of Violations On Rights Of Action
  If a declarant or any other person subject to this subpart violates any provision of this subpart or any provisions of the declaration or...
• Section 5413 - Labeling Of Promotional Material
  If any improvement contemplated in a planned community is required by section 5210 (relating to plats and plans) to be labeled "NEED NOT BE...
• Section 5414 - 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 5210 (relating to plats...

Last modified: October 8, 2016