3409 - Release of liens.

     § 3409.  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 common element     interest 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 lien 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.     (Dec. 18, 1992, P.L.1279, No.168, eff. 45 days)