Property Ownership
The PA Condominium Act governs condominiums created after which year?
A1963
B1977
C1980✓ Correct
D2000
Explanation
The Pennsylvania Condominium Act of 1980 (68 Pa. C.
People Also Study
Related Pennsylvania Questions
- A Pennsylvania condominium unit is being appraised. The appraiser should consider which unique valuation factor?Property Valuation
- In Pennsylvania, how is a condominium's 'common elements' distinguished from a unit owner's 'limited common elements'?Property Ownership
- Under the PA Condominium Act, a condominium unit owner's monthly assessment pays for:Property Ownership
- The PA Condominium Act requires that a unit owner receive the condominium's declaration, bylaws, and rules before closing. The buyer's right to rescind within how many days if these documents were not provided?Property Ownership
- A Pennsylvania homeowner's association (HOA) in a planned community may foreclose on a unit for non-payment of assessments. Under the PA Planned Community Act, the HOA's lien for assessments:Property Ownership
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Study This Topic
Practice More Pennsylvania Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Pennsylvania Quiz →