[Added 4-7-2010 by L.L. No. 3-2010]
The purpose of this article is to exempt the Village of Spencerport
from the provisions of § 339-y of the New York Real Property
Law and § 581 of the New York Real Property Tax Law on converted
condominium units.
As used in this article, the following terms shall have the
meanings indicated:
Any dwelling unit held in a condominium form of ownership
that has previously been on an assessment roll as a dwelling unit
in other than condominium form of ownership and had not been previously
subject to the provisions of § 339-y, Subdivision 1(b),
of the New York State Real Property Law, and § 581 of the
New York State Real Property Tax Law.
Any converted condominium unit shall hereinafter be placed upon
the assessment rolls and shall have taxes levied upon it as a separate
parcel in the same manner as other residential units.
All assessments on converted condominium units will be completed
by the Assessor of the Village in the same manner as prescribed by
law for other taxed residential units.
