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§ 1082.2. Applicability

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 68 P.S. Real and Personal PropertyEffective: January 3, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 68 P.S. Real and Personal Property (Refs & Annos)
Chapter 25. Municipal Code and Ordinance Compliance
Effective: January 3, 2017
68 P.S. § 1082.2
§ 1082.2. Applicability
(a) Applicability.--Except as set forth in subsection (b), this act shall not apply to, and a municipality may not require, a certificate of occupancy, a temporary use and occupancy certificate or a temporary access certificate for a real estate transfer, including a residential or nonresidential transfer, as provided under 68 Pa.C.S. § 7103(b)(2) (relating to application of part), to any of the following which take title to property for the purpose of holding the property for sale to offset losses incurred on a loan or other obligation in default secured by a mortgage, deed of trust or other lien on the property:
(1) Bank.
(2) Savings association.
(3) Credit union.
(4) Mortgage lender.
(5) Financial institution similar to an institution listed in paragraphs (1) through (4).
(6) Subsidiary of a financial institution listed in paragraphs (1) through (5).
(b) Exception.--A financial institution not subject to this act under subsection (a) may be required by a municipality to correct a substantial violation.

Credits

2000, Dec. 20, P.L. 724, No. 99, § 2.2, added 2016, Nov. 3, P.L. 1047, No. 133, § 2, effective in 60 days [Jan. 3, 2017].
68 P.S. § 1082.2, PA ST 68 P.S. § 1082.2
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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