State Codes and Statutes

Statutes > New-york > Rpp > Article-14 > 465

§  465.  Remedy.  1.  In  the event a seller fails to perform the duty  prescribed in this article to deliver a disclosure  statement  prior  to  the  signing by the buyer of a binding contract of sale, the buyer shall  receive upon the transfer of title a  credit  of  five  hundred  dollars  against the agreed upon purchase price of the residential real property.    2.  Any  seller who provides a property condition disclosure statement  or provides or fails to provide a revised property condition  disclosure  statement  shall  be  liable  only  for a willful failure to perform the  requirements of this article. For such a  willful  failure,  the  seller  shall be liable for the actual damages suffered by the buyer in addition  to any other existing equitable or statutory remedy.

State Codes and Statutes

Statutes > New-york > Rpp > Article-14 > 465

§  465.  Remedy.  1.  In  the event a seller fails to perform the duty  prescribed in this article to deliver a disclosure  statement  prior  to  the  signing by the buyer of a binding contract of sale, the buyer shall  receive upon the transfer of title a  credit  of  five  hundred  dollars  against the agreed upon purchase price of the residential real property.    2.  Any  seller who provides a property condition disclosure statement  or provides or fails to provide a revised property condition  disclosure  statement  shall  be  liable  only  for a willful failure to perform the  requirements of this article. For such a  willful  failure,  the  seller  shall be liable for the actual damages suffered by the buyer in addition  to any other existing equitable or statutory remedy.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpp > Article-14 > 465

§  465.  Remedy.  1.  In  the event a seller fails to perform the duty  prescribed in this article to deliver a disclosure  statement  prior  to  the  signing by the buyer of a binding contract of sale, the buyer shall  receive upon the transfer of title a  credit  of  five  hundred  dollars  against the agreed upon purchase price of the residential real property.    2.  Any  seller who provides a property condition disclosure statement  or provides or fails to provide a revised property condition  disclosure  statement  shall  be  liable  only  for a willful failure to perform the  requirements of this article. For such a  willful  failure,  the  seller  shall be liable for the actual damages suffered by the buyer in addition  to any other existing equitable or statutory remedy.