[Adopted 1-28-2010 by L.L. No. 2-2010]
This article is enacted pursuant to the authority contained
in § 339-y, Subdivision 1, Paragraph (f), of the New York
State Real Property Law and § 581, Subdivision 1, Paragraph
(c), of the New York State Real Property Tax Law.
As used in this article, the following terms shall have the
meanings indicated:
A dwelling unit held in condominium form of ownership that
had previously been on an assessment roll as a dwelling unit in a
form of ownership other than condominium form and which had not been
previously subject to the provisions of Real Property Tax Law § 581,
Subdivision 1, Paragraph (a), and Real Property Law § 339-y,
Subdivision 1, Paragraph (b).
The provisions of New York State Real Property Tax Law § 581,
Subdivision 1, Paragraph (a), and New York State Real Property Law § 339-y,
Subdivision 1, Paragraph (b), which prescribe the method of assessing
condominium units, shall not apply to converted condominium units
located within the Town of Geneseo.
