§ 8106. Disclosure
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 68 Pa.C.S.A. Real and Personal PropertyEffective: June 24, 2011
Effective: June 24, 2011
68 Pa.C.S.A. § 8106
§ 8106. Disclosure
(a) General rule.--A contract for the sale of real property subject to a private transfer fee obligation shall include a provision disclosing the existence of that obligation, a description of the obligation and a statement that private transfer fee obligations are subject to certain restrictions under this chapter. A contract for the sale of real property that does not conform to the requirements of this section shall not be enforceable by the seller against the buyer, nor shall the buyer be liable to the seller for damages under the contract. For purposes of this section, “buyer” shall include all subsequent buyers and “seller” shall include payees. The buyer under a contract that fails to comply with this section shall be entitled to the return of all deposits made in connection with the sale of the real property.
Credits
2011, June 24, P.L. 40, No. 8, § 1, imd. effective.
68 Pa.C.S.A. § 8106, PA ST 68 Pa.C.S.A. § 8106
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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