On July 11, 1978, plaintiffs and defendant entered into a contract providing for the construction of a home on a lot owned by defendant, known as Lot 13 Castle Drive in the Town of Stillwater, County of Saratoga, New York, and providing for the sale of said home and lot to plaintiffs. The purchase price was $31,900 and possession was to be delivered "on or before September 1, 1978, subject to transfer of title." When the building was completed, defendant scheduled a closing...
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