2010 Pennsylvania Code
Title 68 - REAL AND PERSONAL PROPERTY
Chapter 54 - Protection of Purchasers
5409 - Release of liens.

     § 5409.  Release of liens.
        (a)  General rule.--Before conveying a unit, other than by
     deed in lieu of foreclosure, to a purchaser other than a
     declarant, a declarant shall record or furnish to the purchaser
     releases of all liens affecting that unit and its rights with
     respect to any common elements which the purchaser does not
     expressly agree to take subject to or assume or shall provide a
     surety bond or substitute collateral for or insurance against
     the liens adequate in nature and amount. This subsection does
     not apply to any convertible or withdrawable real estate in
     which no unit has been conveyed.
        (b)  Other liens.--Before conveying real estate to the
     association, the declarant shall have the real estate released
     from:
            (1)  All liens the foreclosure of which would deprive
        unit owners of any right of access to or easements of support
        of their units.
            (2)  All other liens on that real estate unless the
        public offering statement describes certain real estate which
        may be conveyed subject to liens in specified amounts.

        Cross References.  Section 5409 is referred to in section
     5102 of this title.

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