New York § 784 Penalties and liabilities

New York Statutes

§ 784 — Penalties and liabilities

New York § 784

Law GBSGeneral Business

Art. 37Deposits On Construction of New Homes

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Bluebook

N.Y. General Business § 784 (2026).

Text

§ 784. Penalties and liabilities.

1.Failure of the vendor to comply\nwith any of the provisions of this article is a misappropriation of\nfunds and action may be brought by the vendee against the vendor for the\nreturn of any moneys advanced. In addition, such vendor shall be liable\nfor criminal action pursuant to the provisions of subdivision two of\nthis section.\n 2. Failure of the vendor to comply with any of the provisions of this\narticle shall be deemed a misdemeanor.\n 3. Nothing in this article shall impair, limit or reduce the\nstatutory, common law or contractual duties or liability of any vendor\nin the construction of a home nor shall these provisions apply to any\nlocal law or ordinance which requires the posting of public improvement\nbonds.\n

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§ 784. Penalties and liabilities. 1. Failure of the vendor to comply\nwith any of the provisions of this article is a misappropriation of\nfunds and action may be brought by the vendee against the vendor for the\nreturn of any moneys advanced. In addition, such vendor shall be liable\nfor criminal action pursuant to the provisions of subdivision two of\nthis section.\n 2. Failure of the vendor to comply with any of the provisions of this\narticle shall be deemed a misdemeanor.\n 3. Nothing in this article shall impair, limit or reduce the\nstatutory, common law or contractual duties or liability of any vendor\nin the construction of a home nor shall these provisions apply to any\nlocal law or ordinance which requires the posting of public improvement\nbonds.\n