Title
Amending Title 21 of The Philadelphia Code, entitled "Miscellaneous," by adding a new Chapter 21-2600, entitled "Real Estate Transfers," to establish requirements that sellers of real estate provide to buyers certain information regarding zoning and Code compliance in connection with the property, and establishing penalties and related requirements, all under certain terms and conditions.
Body
WHEREAS, The Council of the City of Philadelphia finds that throughout the City many owners of properties are using such properties in violation of the zoning ordinances and regulations found in Title 14 of The Philadelphia Code; and
WHEREAS, Many owners are maintaining such properties in violation of housing, building, safety, and fire ordinances and regulations, and offering such properties for sale without revealing such illegal use or the receipt of notice of the existence of housing, building, safety and fire violations; and
WHEREAS, Many innocent purchasers of such properties are not aware of the illegal use or the existence of the nature of violations until they have entered into agreements of sale or have consummated the purchase; and
WHEREAS, In order to prevent undue hardships and losses imposed on such innocent purchasers by owners who have failed to reveal the illegal use of the property being conveyed or who have made misrepresentations in that regard sellers the Council of the City of Philadelphia will require that certain disclosures and certifications be made to the purchaser of real estate; now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Adding Chapter 21-2600 of The Philadelphia Code, as follows:
CHAPTER 21-2600. [RESERVED]REAL ESTATE TRANSFERS
ยง 21-2601. Definitions.
In this Chapter, the following words and phrases shall have the following meanings, unless the context clearly indicates otherwise:
(1) Owner. Any person, co-partnership, association, corporation or fiduciary h...
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