Recently, Pennsylvania Governor Tom Corbett signed into law House Bill 1122 (the “Amendment”), which amends the Uniform Condominium Act and the Uniform Planned Community Act (together the “Acts”) by extending the time period for a developer—which the Acts refer to as a declarant—to exercise certain special declarant rights.
The Acts allow the declarant to reserve special declarant rights that permit the declarant to merge or consolidate two or more units into a single unit and to delegate some or all of the responsibilities of a unit owner’s association to a master association. Prior to the Amendment, the Acts limited the time that a declarant could exercise these special declarant rights to seven years from the recording date of the declaration. Read more…….