[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:
A blood relative of the resident owner.
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.
