Village of Manlius, NY Article VII Exemption for Living Quarters of Parent or Grandparent

[Adopted 2-24-2004 by L.L. No. 3-2004]

§ 89-35 Legislative authority.

This article is adopted pursuant to the authority granted by New York State Real Property Tax Law § 469. All definitions, terms and conditions of such statute shall apply to this article.

§ 89-36 Exemption granted.

A. An exemption from Village real property taxation is hereby provided to the extent of any increase in assessed value of residential property resulting from the construction or reconstruction of such property for the purpose of providing living quarters for a parent or grandparent who is 62 years of age or older.

B. Such exemption shall not exceed:

(1) The increase in assessed value resulting from construction or reconstruction of such property; or

(2) Twenty percent of the total assessed value of such property as improved; or

(3) Twenty percent of the median sale price of residential property as reported in the most recent sales statistical summary published by the New York State Board of Real Property Services for Onondaga County, whichever is less.

C. No such exemption shall be granted unless:

(1) The property is within the geographical area in which such construction or reconstruction is permitted; and

(2) The residential property so constructed or reconstructed is the principal place of residence of the owner.

D. Such exemption shall be applicable only to construction or reconstruction which occurred subsequent to August 30, 2000, and shall only apply during taxable years during which at least one such parent or grandparent maintains a primary place of residence in such living quarters.

E. Such exemption shall not apply to special assessments.

§ 89-37 Definitions.

For the purposes of this section, the term "parent or grandparent" shall be deemed to include the natural or adopted grandparents and parents of the owner or the spouse of the owner.

§ 89-38 Application for exemption.

Such exemption from taxation shall be granted upon an application made annually, upon a form to be promulgated by the New York State Board of Real Property Services, by the owner of such property to the assessor of the Town of Manlius acting on behalf of the Village on or before the appropriate taxable status date of the Village. If the Assessor is satisfied that the property is entitled to an exemption pursuant to this section, he shall approve the application and such residential improvements shall be exempt from taxation and special ad valorem levies as provided in this section.

§ 89-39 Willful false statement.

Any conviction of having made any willful false statement in the application for such exemption shall result in the revocation thereof, be punishable by a civil penalty of not more than one hundred dollars and shall disqualify the applicant or applicants from further exemption for a period of five years.