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§ 4417. Declarant's obligation to complete and restore

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 68 Pa.C.S.A. Real and Personal Property

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 68 Pa.C.S.A. Real and Personal Property (Refs & Annos)
Part II. Real Property
Subpart C. Cooperatives (Refs & Annos)
Chapter 44. Protection of Cooperative Interest Purchasers
68 Pa.C.S.A. § 4417
§ 4417. Declarant's obligation to complete and restore
(a) Completion.--The declarant shall complete all improvements depicted on any site plan or other graphic representation included in the public offering statement or in any promotional material distributed by or for the declarant unless that improvement is labeled “NEED NOT BE BUILT.”
(b) Repair and restoration.--The declarant is subject to liability for the prompt repair and restoration to a condition compatible with the remainder of the cooperative of any portion of the cooperative affected by his exercise of rights reserved pursuant to or created by sections 4209 (relating to exercise of development rights), 4210 (relating to alteration of units), 4211 (relating to relocation of boundaries between adjoining units), 4212 (relating to subdivision of units), 4214 (relating to declarant's office, models and signs) and 4215 (relating to easement rights).

Credits

1992, Dec. 18, P.L. 1426, No. 176, § 1, effective in 60 days.
68 Pa.C.S.A. § 4417, PA ST 68 Pa.C.S.A. § 4417
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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