20 Pa. C.S. § 7312
Current through Pa Acts 2024-53, 2024-56 through 2024-92
A ground rent secured upon unencumbered improved real estate located within the Commonwealth shall be an authorized investment if the reserved annual rent, capitalized at the rate of 5% per annum, shall not exceed four-fifth of the fair value of the real estate out of which it issues, determined by appraisal, as in the case of mortgages.
20 Pa.C.S. § 7312