The purpose of this article is to create a partial exemption
from real estate taxes levied by the Village of Larchmont on property
owned by a person who served on active duty in the United States armed
forces during the time period from September 2, 1945, to December
26, 1991, was discharged or released therefrom under honorable discharge
conditions and satisfies any other requirements set forth in § 458-b
of the New York Real Property Tax Law. This article makes the Code
of the Village of Larchmont consistent with Sec. 473.331 of the Laws
of Westchester County.
The definitions contained in RPTL § 458-b are incorporated
by reference.
An application for the exemption authorized by this article
shall be made by the qualified owner, or all of the qualified owners,
of qualified residential real property on a form prescribed by the
New York State Board of Real Property Tax Services. The qualified
owner or owners shall file the completed form in the Assessor's
office. The Assessor shall determine the applicant's eligibility
for the exemption authorized by this article as of the first taxable
status date following the submission of a complete application therefor.
The applicant shall be required to refile at such times and under
such circumstances as may be set forth in § 458-b, Subdivision
4, of the New York Real Property Tax Law. Any person convicted of
willfully making any false statement in the application for such exemption
shall be subject to the penalties prescribed in the New York Penal
Law.
The exemption provided by this article shall be granted for
as long as a qualified owner owns a qualified residential real property.
Exemptions provided by this article in existence prior to January
1, 2018, shall not expire on their 10th anniversary but shall continue
for as long as the qualified owner owns a qualified residential real
property, without the qualified owner having to file another application.