Which article addresses the purchase or lease of vacant subdivided lands sold through an installment contract within or outside of New York?

The focus of Article 9A in New York Real Estate law is specifically on the regulation of the sale or lease of vacant subdivided lands through installment contracts. This article provides clarity on the obligations of sellers and buyers, ensuring that transactions are conducted in a manner that protects all parties involved. It elaborates on the requirements for disclosures, the rights of purchasers, and the necessary conditions that must be met for such contracts to be legally binding.

Understanding the significance of Article 9A is crucial for real estate professionals, as it governs a specific type of transaction that can carry unique implications for financing and property ownership. The regulations outlined in this article are intended to prevent fraud and misrepresentation, ensuring that purchasers are fully informed about the property they are considering for purchase or lease.

Other articles mentioned may cover different real estate topics or issues and do not specifically address the nuances of installment contracts for vacant subdivided lands. Therefore, recognizing the distinct focus of Article 9A is essential for those involved in these real estate transactions.