N.Y. General Business Law § 862: Recision and other penalties

§ 862. Recision and other penalties. If a merchant fails to comply

with the disclosure provisions of section eight hundred fifty-seven of

this article, the transferee may rescind the transaction. In addition,

where the merchant has made knowingly false statements to a transferee,

the transferee may recover actual damages, if any, and a penalty in the

sum of two hundred fifty dollars. The remedies provided in this section

are in addition to other remedies available by law.