5201 - Creation of planned community.

                                CHAPTER 52                 CREATION, ALTERATION AND TERMINATION OF                           PLANNED COMMUNITIES     Sec.     5201.  Creation of planned community.     5202.  Unit boundaries.     5203.  Construction and validity of declaration and bylaws.     5204.  Description of units.     5205.  Contents of declaration; all planned communities.     5206.  Contents of declaration for flexible planned            communities.     5207.  Leasehold planned communities.     5208.  Allocation of votes and common expense liabilities.     5209.  Limited common elements.     5210.  Plats and plans.     5211.  Conversion and expansion of flexible planned            communities.     5212.  Withdrawal of withdrawable real estate.     5213.  Alteration of units.     5214.  Relocation of boundaries between units.     5215.  Subdivision or conversion of units.     5216.  Easement for encroachments.     5217.  Declarant offices, models and signs.     5218.  Easement to facilitate completion, conversion and            expansion.     5219.  Amendment of declaration.     5220.  Termination of planned community.     5221.  Rights of secured lenders.     5222.  Master associations.     5223.  Merger or consolidation of planned community.        Enactment.  Chapter 52 was added December 19, 1996, P.L.1336,     No.180, effective in 45 days.     § 5201.  Creation of planned community.        A planned community may be created pursuant to this subpart     only by recording a declaration executed in the same manner as a     deed by all persons whose interests in the real estate will be     conveyed to unit owners and by every lessor of a lease, the     expiration or termination of which will terminate the planned     community or reduce its size. If the lessor is the Commonwealth,     a municipal government or any agency of either, the lessor need     not execute the declaration if it has previously given written     notice of its filing and agreed to be bound by the provisions of     this subpart, in which case the declaration shall be executed by     the lessee in possession of the subject property. The     declaration must be recorded in every county in which any     portion of the planned community is located, must be indexed in     the same records as are notarized for the recording of a deed     and shall identify each declarant as the grantor and the name of     the planned community as grantee.        Cross References.  Section 5201 is referred to in sections     5106, 5207 of this title.