N.Y. Gen. Oblig. Law § 7-108

Citation: N.Y. Gen. Oblig. Law § 7-108
Jurisdiction: New York (state)
Source verification: official_capture_completeness_unverified
Original Source: https://www.nysenate.gov/legislation/laws/GOB/7-108 ↗

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(c) such dwelling unit is not subject to the provisions of article
two, article four, article five, or article eleven of the private
housing finance law. For the purposes of this paragraph, "deposit or
advance", as used in paragraph (a) of subdivision one-a of this section,
shall not include any payments or advances that are part of the purchase
price of the unit or shares.