(a) Title.--Except as provided in subsection (b), each unit together with its common element interest constitutes for all purposes a separate parcel of real estate.
(b) Taxation and assessment.--If there is a unit owner other than a declarant, each unit together with its common element interest, but excluding its common element interest in convertible or withdrawable real estate, shall be separately taxed and assessed, and each portion of any convertible or withdrawable real estate shall be separately taxed and assessed; otherwise, the real estate comprising the condominium may be taxed and assessed in any manner provided by law.
Cross References. Section 3105 is referred to in section 3102 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 68 - REAL AND PERSONAL PROPERTY
Chapter 31 - General Provisions
Section 3101 - Short title of subpart
Section 3102 - Applicability of subpart
Section 3104 - Variation by agreement
Section 3105 - Separate titles and taxation
Section 3106 - Applicability of local ordinances, regulations and building codes
Section 3108 - Supplemental general principles of law
Section 3109 - Construction against implicit repeal
Section 3110 - Uniformity of application and construction
Section 3111 - Unconscionable agreement or term of contract