Pennsylvania Real Estate Cooperative Act

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The Real Estate Cooperative Act, 68 Pa.C.S. §§ 4101, et seq., is broken down into the following four chapters:

Chapter 41. General Provisions

Section Name Section Number Short title of subpart.§ 4101.Applicability of subpart.§ 4102.Definitions.§ 4103.Variation by agreement.§ 4104.Property classification of cooperative interests.§ 4105.Applicability of local ordinances, regulations and building codes.§ 4106.Eminent domain.§ 4107.Supplemental general principles of law applicable.§ 4108.Construction against implicit repeal.§ 4109.Uniformity of application and construction.§ 4110.Unconscionable agreement or term of contract.§ 4111.Obligation of good faith.§ 4112.Remedies to be liberally administered.§ 4113.

Chapter 42. Creation, Alteration and Termination of Cooperatives

Section Name Section Number Creation of cooperative ownership.§ 4201.Unit boundaries.§ 4202.Construction and validity of declaration and bylaws.§ 4203.Description of units.§ 4204.Contents of declaration.§ 4205.Leasehold cooperatives.§ 4206.Allocation of ownership interests, votes and common expense liabilities.§ 4207.Limited common elements.§ 4208.Exercise of development rights.§ 4209.Alterations of units.§ 4210.Relocation of boundaries between adjoining units.§ 4211.Subdivision of units.§ 4212.Easement for encroachments.§ 4213.Declarant's office, models and signs.§ 4214.Easement rights.§ 4215.Amendment of declaration.§ 4216.Termination of cooperative ownership.§ 4217.Rights of secured lenders and secured creditors.§ 4218.Master associations.§ 4219.Merger or consolidation of cooperatives.§ 4220.Method for transferring a cooperative interest.§ 4221.

Chapter 43. Management of Cooperatives

Section Name Section Number Organization of association.§ 4301.Powers of association.§ 4302.Executive board members and officers.§ 4303.Transfer of special declarant rights.§ 4304.Termination of contracts and leases of declarant.§ 4305.Bylaws.§ 4306.Upkeep of cooperative.§ 4307.Meetings.§ 4308.Quorums.§ 4309.Voting; proxies.§ 4310.Tort and contract liability.§ 4311.Conveyance or encumbrance of cooperative.§ 4312.Insurance.§ 4313.Assessments for common expenses.§ 4314.Lien for assessments.§ 4315.Other liens affecting cooperative.§ 4316.Association records.§ 4317.Association as trustee.§ 4318.Termination of cooperative interest.§ 4319.Declarant delivery of items to association.§ 4320.Limited equity cooperatives.§ 4321.Alternative dispute resolution in cooperatives.§ 4322.Complaints filed with Bureau of Consumer Protection.§ 4323.