Condominium Act Form 4 In Philadelphia
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FAQ
Pennsylvania's inium property acts require that a registered land surveyor prepare a plat showing the elevations of floors and ceilings on a vertical plane and the boundaries of a inium unit with reference to an official datum.
Pennsylvania Uniform inium Act §§ 3101 to. 3414) was adopted in 1980 to govern the formation and operation of iniums. Prior to the UCA, iniums in Pennsylvania were governed by the since-repealed Unit Property Act. By definition, a inium is a form of real estate ownership.
Pennsylvania Uniform inium Act §§ 3101 to. 3414) was adopted in 1980 to govern the formation and operation of iniums. Prior to the UCA, iniums in Pennsylvania were governed by the since-repealed Unit Property Act. By definition, a inium is a form of real estate ownership.
Iniums in Pennsylvania are governed by the Uniform inium Act, 68 Pa. Stat. §§ 3101 to 3414 (the “UCA”). Although “inium” is a term generally used to refer to an individually-owed unit, it is also a form of ownership where property other than the individual unit is deemed to be common property.
In a inium, the common facilities are owned directly by the unit owners as an interest appurtenant to the units. In a planned community, the common facilities are owned by the association, and each unit owner has a membership interest in that association because they hold the title to their unit.
With PUDs, the owner owns the actual lot or ground underneath the unit. With condos, the owner owns an equal and undivided interest in the entire condo project's lot (and common areas).
Uniform inium Act (UCA) UCA contains comprehensive provisions for creation, management, and termination of inium associations, including point-of-sale consumer protection.
Your Rights in inium/HOA Disputes in California Here's a comprehensive list of these rights: Right to Access Information: Homeowners in California have the right to access various HOA records. This includes financial statements, meeting minutes, and membership lists, ensuring transparency in the HOA's operations.
