(a) Completion.--The declarant shall complete all improvements depicted on any site plan or other graphic representation included in the public offering statement or in any promotional material distributed by or for the declarant unless that improvement is labeled "NEED NOT BE BUILT."
(b) Repair and restoration.--The declarant is subject to liability for the prompt repair and restoration to a condition compatible with the remainder of the cooperative of any portion of the cooperative affected by his exercise of rights reserved pursuant to or created by sections 4209 (relating to exercise of development rights), 4210 (relating to alteration of units), 4211 (relating to relocation of boundaries between adjoining units), 4212 (relating to subdivision of units), 4214 (relating to declarant's office, models and signs) and 4215 (relating to easement rights).
Cross References. Section 4417 is referred to in section 4403 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 68 - REAL AND PERSONAL PROPERTY
Chapter 44 - Protection of Cooperative Interest Purchasers
Section 4401 - Applicability; waiver
Section 4402 - Public offering statement; requirements
Section 4403 - Public offering statement; general provisions
Section 4404 - Public offering statement; cooperatives subject to development rights
Section 4405 - Public offering statement; time shares
Section 4406 - Public offering statement; cooperatives containing conversion buildings
Section 4407 - Public offering statement; cooperative securities
Section 4408 - Purchaser's right to cancel
Section 4409 - Resales of cooperative interests
Section 4410 - Escrow of deposits
Section 4411 - Release of liens
Section 4412 - Cooperatives containing conversion buildings
Section 4413 - Express warranties of quality
Section 4414 - Implied warranty against structural defects
Section 4415 - Effect of violations on rights of action
Section 4416 - Labeling of promotional material
Section 4417 - Declarant's obligation to complete and restore