In recent months, Pennsylvania courts have issued several important decisions that alter the practice of real estate law in the commonwealth. One of the key issues the courts addressed include whether a lender must calculate the deadline to file certain petitions from the day it received the original deed that included errors, or the date that it received the corrective deed. They also examined standards related to single-family occupancy zoning and determining whether a nonprofit cultural organization qualifies as a “purely public charity” exempt from paying real estate taxes.
Clock Doesn’t Start Until Corrective Deed Recorded
• Conestoga Bank, S/B/M First Penn Bank v. Tioga Investments, 2016 Pa. Super. 85 (2016)
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