§ 304-18 Chapter 304 Taxation

Assessment of converted condominiums.

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Pursuant to the authority granted to the Town by Real Property Tax Law § 581(1)(c), the provisions of Real Property Tax Law § 581(1)(a) shall not apply to converted condominium units as defined in Real Property Tax Law § 581(1)(c) for the purpose of assessing the value of said converted condominium units.

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