Plaintiffs are husband and wife and reside on Long Island, New York. They purchased unimproved real property in the Town of Hancock, Delaware County, in February of 1976 and, in August of 1977, contracted with Michael Finnerty for the construction of a log cabin on their Hancock property to be used as a vacation home. Finnerty, after subcontracting the electrical work to Hank Raymond, completed the building and plaintiffs commenced occupancy in the summer of 1978. In April...
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