A description of a unit which sets forth the name of the cooperative, the recording data for the declaration, the county or counties in which the cooperative is located and the identifying number of the unit is a legally sufficient description of that unit and all rights, obligations and interests appurtenant to that unit which were created by the declaration or bylaws. Proprietary leases and memoranda or short forms thereof as well as all instruments of transfer of cooperative interests and all instruments creating security interests in cooperative interests may be recorded in the same records as are maintained by the recorder for the recording of like instruments and, if recorded, shall be indexed by the recorder in the same manner as like instruments are recorded.
Cross References. Section 4204 is referred to in section 4221 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 68 - REAL AND PERSONAL PROPERTY
Chapter 42 - Creation, Alteration and Termination of Cooperatives
Section 4201 - Creation of cooperative ownership
Section 4202 - Unit boundaries
Section 4203 - Construction and validity of declaration and bylaws
Section 4204 - Description of units
Section 4205 - Contents of declaration
Section 4206 - Leasehold cooperatives
Section 4207 - Allocation of ownership interests, votes and common expense liabilities
Section 4208 - Limited common elements
Section 4209 - Exercise of development rights
Section 4210 - Alterations of units
Section 4211 - Relocation of boundaries between adjoining units
Section 4212 - Subdivision of units
Section 4213 - Easement for encroachments
Section 4214 - Declarant's office, models and signs
Section 4215 - Easement rights
Section 4216 - Amendment of declaration
Section 4217 - Termination of cooperative ownership
Section 4218 - Rights of secured lenders and secured creditors
Section 4219 - Master associations
Section 4220 - Merger or consolidation of cooperatives
Section 4221 - Method for transferring a cooperative interest