[Adopted 1-13-1998 by L.L. No. 1-1998]
The purpose of this article is to exempt the Village of Pittsford 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:
CONVERTED CONDOMINIUM UNITS
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.