Section 780. Definitions

When used in this article, the following terms,
  unless  the  context  requires  otherwise,  shall  have  the   following
  meanings.
    1.  "Vendee"  means  any individual or individuals who have contracted
  with a vendor for construction of a home on land not owned at  the  time
  of such agreement by such individual or individuals.
    2.  "Vendor"  means  any  person,  firm,  corporation,  or association
  engaged in the business of erecting or constructing homes.
    3. "Home" means a new one or two family dwelling intended to  be  used
  primarily as a residence.
    4. "Municipality" means any town, village or city.
    5.  "Default" occurs where title to the home is not transferred to the
  vendee because of the failure of the  vendor  to  substantially  perform
  those  provisions of the agreement between the vendor and vendee wherein
  vendor undertook to build or construct a home for the vendee,  or  where
  the vendor becomes insolvent.
    6.  "Deposit"  means any moneys given as down payment by the vendee to
  the vendor as required by the vendor prior to the  commencement  of  the
  work  to  be  performed  pursuant to an agreement between the vendor and
  vendee wherein vendor undertook to build or construct  a  home  for  the
  vendee.
    7.  "Demand"  means communication of an actual notice to the vendor of
  requests made therein.