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N.Y. GBS Law § 780

This is the official text of N.Y. GBS Law § 780, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.

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Definitions

Official statutory text

§ 780. Definitions. When used in this article, the following terms,\nunless the context requires otherwise, shall have the following\nmeanings.\n 1. "Vendee" means any individual or individuals who have contracted\nwith a vendor for construction of a home on land not owned at the time\nof such agreement by such individual or individuals.\n 2. "Vendor" means any person, firm, corporation, or association\nengaged in the business of erecting or constructing homes.\n 3. "Home" means a new one or two family dwelling intended to be used\nprimarily as a residence.\n 4. "Municipality" means any town, village or city.\n 5. "Default" occurs where title to the home is not transferred to the\nvendee because of the failure of the vendor to substantially perform\nthose provisions of the agreement between the vendor and vendee wherein\nvendor undertook to build or construct a home for the vendee, or where\nthe vendor becomes insolvent.\n 6. "Deposit" means any moneys given as down payment by the vendee to\nthe vendor as required by the vendor prior to the commencement of the\nwork to be performed pursuant to an agreement between the vendor and\nvendee wherein vendor undertook to build or construct a home for the\nvendee.\n 7. "Demand" means communication of an actual notice to the vendor of\nrequests made therein.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.