5211 - Conversion and expansion of flexible planned communities.

     § 5211.  Conversion and expansion of flexible planned                communities.        (a)  General rule.--To convert convertible real estate or add     additional real estate pursuant to an option reserved under     section 5206 (relating to contents of declaration for flexible     planned communities), the declarant shall prepare, execute and     record an amendment to the declaration under section 5219     (relating to amendment of declaration) and comply with section     5210 (relating to plats and plans). The declarant is the unit     owner of any units thereby created. The amendment to the     declaration must assign an identifying number to each unit     formed in the convertible or additional real estate and     reallocate votes in the association and common expense     liabilities. The amendment must describe or delineate any     limited common elements formed out of the convertible or     additional real estate, showing or designating the unit to which     each is allocated to the extent required by section 5209     (relating to limited common elements).        (b)  Creations within additional real estate.--Convertible or     withdrawable real estate may be created within any additional     real estate added to the planned community if the amendment     adding that real estate includes all matters required by section     5205 (relating to contents of declaration; all planned     communities) or 5206, as the case may be, and the plat includes     all matters required by section 5210. This subsection does not     extend the time limit on conversion or contraction of a flexible     planned community imposed by the declaration under section 5206.        (c)  Liability for expenses and right to income.--Until     conversion occurs or the period during which conversion may     occur expires, whichever occurs first, the declarant alone is     liable for real estate taxes assessed against convertible real     estate and all other expenses in connection with that real     estate. No other unit owner and no other portion of the planned     community is subject to a claim for payment of those taxes or     expenses. Unless the declaration provides otherwise, any income     or proceeds from convertible real estate inure to the declarant.        Cross References.  Section 5211 is referred to in sections     5102, 5103, 5205, 5208, 5210, 5219, 5302, 5316, 5414 of this     title.