N.Y. Comp. Codes R. & Regs. tit. 10, § 900.10 – Authorization to begin construction. | Midpage
§ 900.10
N.Y. Comp. Codes R. & Regs. tit. 10, § 900.10
Authorization to begin construction.
Department of Health
(a) Upon issuance of a certificate of authority, the operator may begin construction of the model units and a sales office.
(b) Construction of the community may begin upon written authorization of the commissioner. Such authorization shall be granted upon:
(1) proof of execution of contracts for at least 50 percent of all living units or approved phase of living units accompanied by a deposit of at least 10 percent of the entrance fee. Such proof shall consist of a listing certified by the operator which includes the names, addresses and phone numbers of prospective residents and amounts of the deposits paid;
(2) obtaining all applicable permits and approvals; and
(3) satisfaction of all certificate of authority contingencies.