§ 8301. Powers of court to authorize sale, etc. of real property
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and Fiduciaries
20 Pa.C.S.A. § 8301
§ 8301. Powers of court to authorize sale, etc. of real property
The court of common pleas, operating through its appropriate division, may authorize the sale, mortgage, lease or exchange of real property or grant declaratory relief with respect to real property:
(v) by any religious, beneficial or charitable society or association, incorporated or unincorporated, whose title is subject to reversion, possibility of reverter or right of reentry for condition broken if the real property ceases to be used for a purpose specified in a deed, subject to the following:
(A) A petition to declare the real property free from reversion, possibility of reverter or right of reentry shall contain an affidavit of an officer of the religious, beneficial or charitable society or association, stating in detail what reasonable efforts have been made to locate or contact the grantor or the grantor's heirs, successors or assigns to obtain a conveyance of the reversion, possibility of reverter or right of reentry, why the real property should be declared free of the reversion, possibility of reverter or right of reentry, and the use of the funds, if any, to be derived from sale of the real property.
(B) The court shall have the power to consider all of the circumstances and to grant such equitable relief as shall be just and proper and impose such restrictions upon the use of the funds to be derived from the sale of real property as the court shall deem to be appropriate to further the religious, beneficial or charitable purpose reflected in the deed containing the reversion, possibility of reverter or right of reentry for condition broken.
Credits
1974, Dec. 10, P.L. 867, No. 293, § 17, imd. effective. Amended 1992, April 16, P.L. 108, No. 24, § 15, effective in 60 days; 1992, Dec. 16, P.L. 1163, No. 152, imd. effective.
20 Pa.C.S.A. § 8301, PA ST 20 Pa.C.S.A. § 8301
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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