§ 161. Perpetual ground rents not to be created
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 68 P.S. Real and Personal Property
68 P.S. § 161
§ 161. Perpetual ground rents not to be created
From and after the passage of this act, whenever a deed or other instrument of writing conveying real estate shall be made, wherein shall be contained a reservation of ground rent, to become perpetual upon the failure of the purchaser to comply with the conditions therein contained, no such covenant or condition shall be so construed as to make the said ground rent a perpetual encumbrance upon the said real estate; but it shall and may be lawful for the purchaser thereof, at any time after the said ground rent shall have fallen due, to pay the full amount of the same, and such payment shall be a complete discharge of such real estate from the encumbrance aforesaid.
Credits
1850, April 22, P.L. 549, § 21.
68 P.S. § 161, PA ST 68 P.S. § 161
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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