§ 41-1. Definitions.
Latest version.
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When used in this chapter, the following terms, unless the context requires otherwise, shall have the following meanings:
- DEFAULT
- Occurs where title to the home is not transferred to the vendee because of the failure of the vendor to substantially perform those provisions of the agreement between the vendor and vendee wherein the vendor undertook to build or construct a home for the vendee or where the vendor becomes insolvent.
- DEMAND
- Communication of actual notice to the vendor of requests made therein.
- DEPOSIT
- Any moneys given as down-payment by the vendee to the vendor as required by the vendor prior to the commencement of the work to be performed pursuant to an agreement between the vendor and vendee wherein the vendor undertook to build or construct a home for the vendee.
- HOME
- A new one- or two-family dwelling intended to be used primarily as a residence.
- TOWN
- The unincorporated area of the Town of Brookhaven outside the incorporated villages located within the Town.
- VENDEE
- Any individual or individuals who have contracted with a vendor for construction of a home on land not owned at the time of such agreement by such individual or individuals.
- VENDOR
- Any person, firm, corporation or association engaged in the business of erecting or constructing homes.