Vt. Stat. tit. 11 § 1600
Current through L. 2024, c. 185.
Deposits taken in connection with the sale of cooperative interests by a cooperative housing corporation, with respect to units intended for residential use shall be deposited and held in an interest-bearing escrow account for the benefit of the purchaser, until such time as the transaction closes unless the escrow requirement is expressly waived by the purchaser.
11 V.S.A. § 1600