[Adopted 5-29-2018 by L.L. No. 7-2018]
The purpose of this article is to exempt from real property taxes property owned by certain physically disabled persons, as authorized by § 459 of the Real Property Tax Law.
Pursuant to the provisions of § 459 of the Real Property Tax Law, an improvement to any real property used solely for residential purposes as a single-family residence shall be exempt from taxation to the extent of any increase in value attributable to such improvement, if such improvement is used for the purpose of facilitating and accommodating the use and accessibility of such real property by a resident owner of the real property who is physically disabled and who resides on the premises at least 10 months per year or a member of the resident owner's household who is physically disabled, if such member resides in the real property.
As used in this article, the following terms shall have the following meanings:
MEMBER OF HOUSEHOLD
A blood relative of the resident owner.
RESIDENT OWNERS
A person or persons possessing legal ownership of the property at least one year prior to submitting an application for exemption.
Such exemption shall apply to improvements constructed prior to the effective date of this article.
An exemption granted under this article is valid for one year and must be reapplied for on a year-to-year basis.
An exemption granted under this article is extinguished on transfer of title to the premises in question.