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The declaration for a flexible condominium shall include, in addition to the matters
specified in section 3205 (relating to contents of declaration; all condominiums):
An explicit reservation of any options to create units, limited common elements, or
both, within convertible real estate or to add additional real estate to or withdraw
withdrawable real estate from the condominium.
A statement of the time limit upon which any option reserved under paragraph
will
lapse, together with a statement of any circumstances that will terminate the option
before the expiration of the time limit. The time limit shall not exceed the later
of:
(i) ten years after the recording of the declaration; or
(ii) in the case of a preliminary plat calling for the installation of improvements in
sections, 120 days after municipal approval or denial of each particular section's
final plat which was filed prior to the deadline approved or modified by the municipal
governing body pursuant to section 508(4)(v) of the act of July 31, 1968 (P.L.805,
No.247), known as the Pennsylvania Municipalities Planning Code, or, in the event
of an appeal from the municipal approval or denial of such final plat, 120 days after
a final judgment on appeal.
A statement of any limitations on any option reserved under paragraph (1), other than
limitations created by or imposed pursuant to law, or else a statement that there
are no such limitations.
A statement of the extent to which the common element interest, relative voting strength
in the association and share of common expense liability of each unit in the condominium
at the time the declaration is recorded may be increased or decreased by actions pursuant
to any option reserved under paragraph
including the formulas to be used for those
reallocations.
Legally sufficient descriptions of each portion of convertible, additional and withdrawable
real estate.
If portions of any convertible, additional or withdrawable real estate may be converted,
added or withdrawn at different times, a statement to that effect together with:
(i) either a statement fixing the boundaries of those portions and regulating the order
in which they may be converted, added or withdrawn or a statement that no assurances
are made in those regards: and
(ii) a statement as to whether, if any portion of convertible, additional or withdrawable
real estate is converted, added or withdrawn, all or any particular portion of that
or any other real estate must be converted, added or withdrawn.
A statement of:
(i) the maximum number of units that may be created within any additional or convertible
real estate, or within any portion of either, the boundaries of which are fixed pursuant
to paragraph (6);
(ii) how many of those units will be restricted exclusively to residential use; and
(iii) the maximum number of units per acre that may be created within any portions the boundaries
of which are not fixed pursuant to paragraph (6).
If any of the units that may be built within any additional or convertible real estate
are not to be restricted exclusively to residential use, a statement with respect
to each portion of the additional and convertible real estate of the maximum percentage
of the real estate areas and the maximum percentage of the floor areas of all units
that may be created therein that are not restricted exclusively to residential use.
A statement of the extent to which any buildings and units that may be erected upon
each portion of the additional or convertible real estate will be compatible with
the other buildings and units in the condominium in terms of architectural style,
quality of construction, principal materials employed in construction and size, or
a statement that no assurances are made in those regards.
A statement that all restrictions in the declaration affecting use, occupancy and
alienation of units will apply to units created within any convertible or additional
real estate, or a statement of any differentiations that may be made as to those units.
General descriptions of all other improvements and limited common elements that may
be made or created upon or within each portion of the additional or convertible real
estate, or a statement that no assurances are made in that regard.
A statement of any limitations as to the locations of any buildings or other improvements
that may be made within convertible or additional real estate, or a statement that
no assurances are made in that regard.
A statement that any limited common elements created within any convertible or additional
real estate will be of the same general types and sizes as those within other parts
of the condominium, or a statement of any other assurances in that regard, or a statement
that no assurances are made in that regard.
A statement that the proportion of limited common elements to units created within
convertible or additional real estate will be approximately equal to the proportion
existing within other parts of the condominium, or a statement of any other assurances
in that regard, or a statement that no assurances are made in that regard.
A statement of the extent to which any assurances made in the declaration regarding
additional or withdrawable real estate pursuant to paragraphs
through
apply
in the event any additional real estate is not added to or any withdrawable land is
withdrawn from the condominium, or a statement that those assurances do not apply
if the real estate is not added to or is withdrawn from the condominium.
Synced from the Florida Legislature’s official site. Verify the current version before citing.
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Reference only — not legal advice. Verify current text at the official state legislature website before citing. Printed from Common Elements (July 4, 2026).