(a) General rule.--To withdraw withdrawable real estate from a flexible planned community pursuant to an option reserved under section 5206 (relating to contents of declaration for flexible planned communities), the declarant shall prepare, execute and record an amendment to the declaration containing a legally sufficient description of the real estate being withdrawn and stating the fact of withdrawal. The amendment must reallocate votes in the association and common expense liabilities to the remaining units in the planned community in proportion to the respective votes and liabilities of those units before the withdrawal. The reallocation is effective when the amendment is recorded.
(b) When withdrawal prohibited.--If a portion of a planned community was described under section 5206, that portion may not be withdrawn if any person other than the declarant owns a unit situated therein. If the portion was not so described, none of it is withdrawable if any person other than the declarant owns a unit situated therein.
(c) Liability for expenses and right to income.--Until withdrawal occurs or the period during which withdrawal may occur expires, whichever occurs first, the declarant alone is liable for real estate taxes assessed against withdrawable real estate and all other expenses in connection with that real estate. No other unit owner and no other portion of the planned community is subject to a claim for payment of those taxes or expenses. Unless the declaration provides otherwise, any income or proceeds from withdrawable real estate inure to the declarant.
Cross References. Section 5212 is referred to in sections 5103, 5208, 5219, 5414 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 68 - REAL AND PERSONAL PROPERTY
Chapter 52 - Creation, Alteration and Termination of Planned Communities
Section 5201 - Creation of planned community
Section 5202 - Unit boundaries
Section 5203 - Construction and validity of declaration and bylaws
Section 5204 - Description of units
Section 5205 - Contents of declaration; all planned communities
Section 5206 - Contents of declaration for flexible planned communities
Section 5207 - Leasehold planned communities
Section 5208 - Allocation of votes and common expense liabilities
Section 5209 - Limited common elements
Section 5210 - Plats and plans
Section 5211 - Conversion and expansion of flexible planned communities
Section 5212 - Withdrawal of withdrawable real estate
Section 5213 - Alteration of units
Section 5214 - Relocation of boundaries between units
Section 5215 - Subdivision or conversion of units
Section 5216 - Easement for encroachments
Section 5217 - Declarant offices, models and signs
Section 5218 - Easement to facilitate completion, conversion and expansion
Section 5219 - Amendment of declaration
Section 5220 - Termination of planned community
Section 5221 - Rights of secured lenders