[HISTORY: Adopted by the Board of Supervisors of the Township of Warwick 3-9-1992 by Ord. No. 92-3. Amendments noted where applicable.]
A significant features impact disclosure statement containing the matter and conditions set forth in Exhibit A shall be submitted by the applicant for Township approval as a part of the final plan and filed as required herein, and the same referred to hereinafter as the "disclosure statement". Said disclosure statement (Exhibit A) may be modified by the Township from time to time, by resolution of the Board of Supervisors.
The purpose of the significant features impact disclosure statement is to advise and notify the Township and any prospective purchaser of a residential lot or unit of the existence and location of significant matters, features and conditions which may have an impact upon the residential lot or unit to be purchased within a multifamily residential subdivision or land development.
A fully executed disclosure statement shall be attached as a rider or addendum to each agreement of sale for a lot or unit within any residential development in the Township, and a fully executed copy of the disclosure statement shall be delivered to the Township Code Enforcement Officer not later than seven days after the execution of the agreement of sale and also prior to the issuing of both the building permit and the use and occupancy permit for the lot or unit to be sold under the subject agreement of sale.
The disclosure statement shall notify and advise a purchaser of the existence and location of the matters and conditions which may have impact on the property to be purchased subject to the agreement of sale. Such matters and conditions shall be identified on the disclosure statement by the purchaser's initials next to the particular item listed thereon, and the same shall be disclosed on a copy of the plot plan for the applicable portions of the subdivision or land development, which shall be attached thereto, in reduced size, as necessary.
The disclosure statement shall contain a statement signed by both the developer/seller and the purchaser acknowledging the full disclosure and location of the items required by the disclosure statement and a representation that the disclosure statement shall be made a part of and incorporated by reference in the agreement of sale for the particular lot or unit to be sold thereby.
It shall be unlawful for any person, partnership, corporation or entity to sell a residential lot or unit within any residential subdivision or land development in Warwick Township without first filing with the Township Code Enforcement Officer a significant feature impact disclosure statement duly executed and fully completed to the extent that the provisions thereof are applicable to the residential lot or unit proposed for sale and as required by this chapter.
Any person, partnership, corporation or other entity which shall violate this chapter shall, by suit or summary proceeding brought in the name of Warwick Township before the District Justice having jurisdiction over Warwick Township, be sentenced to pay a fine and penalty not exceeding $600 for each violation, plus court costs. Upon judgment against any person by summary conviction or by proceeding by summons on default of the payment of a fine or penalty imposed and the costs for violation of this chapter, the defendant may be sentenced and committed to the Bucks County Prison for a period not exceeding 30 days.
All fines and penalties collected for violation of this chapter shall be paid over to the treasury of Warwick Township.