New York General Business Law Article 36-C - DOWN PAYMENTS IN THE PURCHASE AND SALE OF RESIDENTIAL REAL ESTATE

• 778 - Definitions.
  When used in this article, the following terms, unless the context requires otherwise, shall have the following meanings: 1. "Bank" means a bank, trust company,...
• 778-a - Contracts Requiring Down Payments in Escrow.
  1. An escrow agent who undertakes to hold a buyer's down payment in the purchase and sale of a home shall have the fiduciary obligation...

Last modified: February 3, 2019