PUCA definition
Examples of PUCA in a sentence
Notwithstanding the incorporation of the provision of the Public Offering Statement into this Agreement, the Purchaser shall be entitled only to those remedies granted by the PUCA for one or more violations of the PUCA by reason of the information contained in the Public Offering Statement or information which the PUCA requires to be included in the Public Offering Statement but which is not so included.
The Purchaser hereby acknowledges having received and reviewed a copy of the Declarant's current Public Offering Statement for the Condominium Property, together with any and all attachments and exhibits thereto (as required by Section 3402, as amended of the PUCA).
No claim arising out of any of the foregoing warranties may be brought unless, prior to the expiration of the warranty period set forth in Section 3411 (b) of the PUCA.
The Declarant shall furnish to the Purchaser, if obtainable, on or prior to the Settlement Date: (i) pursuant to Act of Assembly of May 1 1 , 1959, P.L. 303, as amended (21 P.S. §§ 611- 615), at the Declarant's sole cost and expense a copy of a final or temporary certificate of occupancy issued by the City of Pittsburgh; and (ii) a copy of the Certificates of Completion recorded or to be recorded at the Settlement pursuant to Sections 3414(c) and (d) of the PUCA.
Unless the PUCA otherwise provides, the failure of the Declarant to comply with all of the requirements of the PUCA with respect to the Public Offering Statement shall not be deemed a default under this Agreement nor shall such failure in any way affect the Purchaser's obligation to complete Settlement hereunder.