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New York · Through 2026-09-11

N.Y. Personal Property Law § 429: Restoration of down payment

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Where this section sits in the code
  1. Personal Property Law
  2. Article 10-A. Door-to-door Sales Protection Act

§ 429. Restoration of down payment. 1. Within ten days after a

door-to-door sale has been cancelled or an offer to purchase revoked,

the seller shall tender to the buyer all payments made by the buyer and

any note or other evidence of indebtedness.

2. If the down payment includes goods traded in, the goods shall be

tendered in substantially as good condition as when received by the

seller. If the seller fails to tender the goods as provided by this

section, the buyer may elect to recover an amount equal to the trade-in

allowance stated in the agreement.

3. If the seller refuses within the period prescribed by subdivision

one to return all payments made by the buyer, he shall be liable to the

buyer for the said payments and if the buyer is successful in his action

therefor or appeal thereon, the court shall award him one hundred

dollars plus reasonable attorney's fees and costs, in addition to such

payments.

4. Until the seller has complied with this section, the buyer may

retain possession of goods delivered to him by the seller and shall have

a lien on the goods in his possession or control for any recovery to

which he may be entitled.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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