Title GOB, General Obligations

§ 5-322.2. Contents of certain construction contracts. 1. Every\nwritten contract or agreement executed by an owner providing for the\nbuilding, construction, repair or renovation of buildings, structures,\nor improvements upon real property owned by him other than contracts\nin…

§ 5-322.3. Payment bonds to be filed. A copy of any payment bond\nexecuted in connection with a contract for the improvement of real\nproperty other than a contract for a public improvement, shall be filed\nwithin thirty days of such execution by the owner of the improvement in\…

§ 5-323. Agreements exempting building service or maintenance\ncontractors from liability for negligence void and unenforceable. Every\ncovenant, agreement or understanding in or in connection with or\ncollateral to any contract or agreement affecting real property made or\nente…

§ 5-324. Agreements by owners, contractors, subcontractors or\nsuppliers to indemnify architects, engineers and surveyors from\nliability caused by or arising out of defects in maps, plans, designs\nand specifications void and unenforceable. Every covenant, agreement or\nunderst…

§ 5-325. Garages and parking places. 1. No person who conducts or\nmaintains for hire or other consideration a garage, parking lot or other\nsimilar place which has the capacity for the housing, storage, parking,\nrepair or servicing of four or more motor vehicles, as defined by…

§ 5-326. Agreements exempting pools, gymnasiums, places of public\namusement or recreation and similar establishments from liability for\nnegligence void and unenforceable. Every covenant, agreement or\nunderstanding in or in connection with, or collateral to, any contract,\nmem…

§ 5-327. Consumers' right to recover attorney's fees in actions\narising out of consumer contracts. 1. As used in this section, the\nfollowing terms shall have the following meanings:\n (a) "Consumer contract" means a written agreement entered into between\na creditor, seller or…

§ 5-328. Processing fee by holder of dishonored check. 1. As used in\nthis section the following terms shall have the following meanings:\n (a) "Holder of a check" means the holder or its assignee,\nrepresentative or any other person retained by the holder to seek\ncollection of…

§ 5-331. Certain covenants and restrictions in conveyances and other\nagreements affecting real property void as against public policy. Any\npromise, covenant or restriction in a contract, mortgage, lease, deed or\nconveyance or in any other agreement affecting real property, he…

§ 5-332. Unsolicited and voluntarily sent merchandise deemed\nunconditional gift. 1. No person, firm, partnership, association or\ncorporation, or agent or employee thereof, shall, in any manner, or by\nany means, offer for sale goods, wares, or merchandise, where the offer\ninc…

§ 5-333. Validity of oil, gas or mineral land leases. 1. Any oil, gas\nor mineral land lease given on land situated in this state shall be\ndeemed to incorporate subdivisions two and three of this section and any\nprovisions to the contrary shall be void and unenforceable.\n 2. …

§ 5-334. Option or right to acquire interest in property. 1. An option\nor right to acquire an equity or other ownership interest in property or\nin a partnership, corporation, trust or other entity that owns property\nshall not be unenforceable because the owner of such interes…

§ 5-335. Limitation of reimbursement and subrogation claims in\npersonal injury and wrongful death actions. (a) When a person settles a\nclaim, whether in litigation or otherwise, against one or more other\npersons for personal injuries, medical, dental, or podiatric\nmalpractic…

§ 5-336. Nondisclosure agreements. 1. (a) Notwithstanding any other\nlaw to the contrary, no employer, its officers or employees shall have\nthe authority to include or agree to include in any settlement,\nagreement or other resolution of any claim, the factual foundation for\nw…

§ 5-337. Agreements requiring contractees to waive their rights in\nrelation to expressing certain opinions about contractors void and\nunenforceable. 1. (a) A contract or proposed contract for the sale or\nlease of consumer goods or services may not include a provision waiving\…

§ 5-401. Illegal wagers, bets and stakes. All wagers, bets or stakes,\nmade to depend upon any race, or upon any gaming by lot or chance, or\nupon any lot, chance, casualty, or unknown or contingent event whatever,\nshall be unlawful.\n

§ 5-411. Contracts on account of money or property wagered, bet or\nstaked are void. All contracts for or on account of any money or\nproperty, or thing in action wagered, bet or staked, as provided in\nsection 5-401, shall be void.\n

§ 5-413. Securities for money lost at gaming, void. All things in\naction, judgments, mortgages, conveyances, and every other security\nwhatsoever, given or executed, by any person, where the whole or any\npart of the consideration of the same shall be for any money or other\nva…

§ 5-415. Certain transfers of property in pursuance of lottery, void.\nEvery grant, bargain, sale, conveyance, or transfer of any real estate,\nor of any goods, chattels, things in action, or any personal property,\nwhich shall hereafter be made in pursuance of any lottery, or f…

§ 5-417. Contracts, agreements and securities on account of raffling,\nvoid. All contracts, agreements and securities given, made or executed,\nfor or on account of any raffle, or distribution of money, goods or\nthings in action, for the payment of any money, or other valuable …

§ 5-419. Property staked may be recovered. Any person who shall pay,\ndeliver or deposit any money, property or thing in action, upon the\nevent of any wager or bet prohibited, may sue for and recover the same\nof the winner or person to whom the same shall be paid or delivered,…

§ 5-421. Losers of certain sums may recover them. Every person who\nshall, by playing at any game, or by betting on the sides or hands of\nsuch as do play, lose at any time or sitting, the sum or value of\ntwenty-five dollars or upwards, and shall pay or deliver the same or any\…

§ 5-423. Money paid for lottery tickets may be recovered by action.\nAny person who shall purchase any share, interest, ticket, certificate\nof any share or interest, or part of a ticket, or any paper or\ninstrument purporting to be a ticket or share or interest in any ticket,\n…

§ 5-501. Rate of interest; usury forbidden. 1. The rate of interest,\nas computed pursuant to this title, upon the loan or forbearance of any\nmoney, goods, or things in action, except as provided in subdivisions\nfive and six of this section or as otherwise provided by law, sha…

§ 5-511. Usurious contracts void. 1. All bonds, bills, notes,\nassurances, conveyances, all other contracts or securities whatsoever,\nexcept bottomry and respondentia bonds and contracts, and all deposits\nof goods or other things whatsoever, whereupon or whereby there shall be…

§ 5-513. Recovery of excess. Every person who, for any such loan or\nforbearance, shall pay or deliver any greater sum or value than is\nallowed to be received pursuant to section 5-501, and his personal\nrepresentatives, may recover in an action against the person who shall\nha…

§ 5-515. Borrower bringing an action need not offer to repay.\nWhenever any borrower of money, goods or things in action, shall begin\nan action for the recovery of the money, goods or things in action taken\nin violation of the foregoing provisions of this title, it shall not b…

§ 5-517. Transfer of cause of action for usury. A cause of action to\ncancel, or otherwise affect, an instrument executed, or an act done, as\nsecurity for a usurious loan or forbearance, can be transferred, where\nthe instrument or act creates a specific charge upon property, w…

§ 5-519. Return of excess a bar to further penalties. Every person who\nshall repay or return the money, goods or other things so taken,\naccepted or received, or the value thereof, shall be discharged from any\nother or further forfeiture or penalty which he may have incurred u…

§ 5-521. Corporations prohibited from interposing defense of usury. 1.\nNo corporation shall hereafter interpose the defense of usury in any\naction. The term corporation, as used in this section, shall be\nconstrued to include all associations, and joint-stock companies having\…

§ 5-523. Interest permitted on advances on collateral security. In\nany case in which advances of money, repayable on demand, to an amount\nnot less than five thousand dollars, are made upon documents of title\nwithin article seven of the uniform commercial code or negotiable\ni…

§ 5-524. Taking security upon certain property for usurious loans. A\nperson who takes security, upon any household furniture, sewing\nmachines, plate or silverware in actual use, tools or implements of\ntrade, wearing apparel or jewelry, for a loan or forbearance of money,\nor …

§ 5-525. Interest charged by a registered broker or dealer for\ncarrying debit balances. Interest charged by a broker or dealer\nregistered under the securities exchange act of nineteen hundred\nthirty-four, as amended, for carrying a debit balance including a debit\nbalance ari…

§ 5-526. Interest on secured loans or forbearances. 1. Interest\ncharged on loans or forbearances made to corporations for business or\ncommercial purposes in the amount of one hundred thousand dollars or\nmore and secured in compliance with the uniform commercial code shall\nno…

§ 5-527. Enforceability of compound interest. 1. A loan or other\nagreement providing for compound interest shall be enforceable\nnotwithstanding the date that such loan or other agreement providing for\nsuch compound interest shall have been executed; provided, however, that\ns…

§ 5-531. Brokerage on loans; recovery of excess; effect of\nrestitution. 1. No person shall, directly or indirectly, take or receive\nmore than fifty cents for a brokerage, soliciting, driving or procuring\nthe loan or forbearance of one hundred dollars, and in that proportion\n…

§ 5-601. Interest on deposits in escrow with mortgage investing\ninstitutions. Any mortgage investing institution which maintains an\nescrow account pursuant to any agreement executed in connection with a\nmortgage on any one to six family residence occupied by the owner or on\n…

§ 5-602. Interest on insurance draft deposits in escrow with mortgage\ninvesting institutions. Any mortgage investing institution which\nmaintains an escrow account pursuant to any agreement executed in\nconnection with a mortgage or any loan, secured by a lien on any one to\nsi…

§ 5-701. Agreements required to be in writing. a. Every agreement,\npromise or undertaking is void, unless it or some note or memorandum\nthereof be in writing, and subscribed by the party to be charged\ntherewith, or by his lawful agent, if such agreement, promise or\nundertaki…

§ 5-702. Requirements for use of plain language in consumer\ntransactions. a. Every written agreement entered into after November\nfirst, nineteen hundred seventy-eight, for the lease of space to be\noccupied for residential purposes, for the lease of personal property to\nbe us…

§ 5-703. Conveyances and contracts concerning real property required\nto be in writing. 1. An estate or interest in real property, other than\na lease for a term not exceeding one year, or any trust or power, over\nor concerning real property, or in any manner relating thereto, …

§ 5-705. Execution and acknowledgment of assumption of mortgage debt\nby grantee of mortgaged real property. No grantee of real property shall\nbe liable upon any indebtedness secured by a mortgage thereon executed\nprior to the time of the conveyance of the real property to the…

§ 5-901. Certain provisions of leases of personal property inoperative\nunless notice thereof given to lessee. No provision of a lease of any\npersonal property which states that the term thereof shall be deemed\nrenewed for a specified additional period unless the lessee gives …

§ 5-903. Automatic renewal provision of contract for service,\nmaintenance or repair unenforceable by contractor unless notice thereof\ngiven to recipient of services. 1. As used in this section, "person"\nmeans an individual, firm, company, partnership or corporation.\n 2. No p…

§ 5-905. Certain provisions of leases to be inoperative unless express\nnotice thereof is given to tenant. No provision of a lease of any real\nproperty or premises which states that the term thereof shall be deemed\nrenewed for a specified additional period of time unless the t…

§ 7-101. Money deposited or advanced for use or rental of personal\nproperty; waiver void. 1. Whenever money shall be deposited or advanced\non a contract for the use or rental of personal property as security for\nperformance of the contract or to be applied to payments upon su…

§ 7-103. Money deposited or advanced for use or rental of real\nproperty; waiver void; administration expenses. 1. Whenever money shall\nbe deposited or advanced on a contract or license agreement for the use\nor rental of real property as security for performance of the contrac…

§ 7-105. Landlord failing to turn over deposits made by tenants or\nlicensees and to notify tenants or licensees thereof in certain cases.\n1. Any person, firm or corporation and the employers, officers or agents\nthereof, whether the owner or lessee of the property leased, who …

§ 7-106. Money deposited or advanced for certain installations; waiver\nvoid. 1. Whenever any non-public moneys shall be deposited or advanced\nby the owner of an occupied residential dwelling on a contract for the\ninstallation of a private connection to a public sewer line as …

§ 7-107. Deposits made by tenants of rent stabilized dwelling units.\n1. This section shall apply only to dwelling units subject to the New\nYork city rent stabilization law of nineteen hundred sixty-nine or the\nemergency tenant protection act of nineteen seventy-four.\n 2. No …