Village of Scarsdale, NY
chevron_right
2024-01-09
info
chevron_right
Part II, General Legislation
chevron_right
Chapter 269 Taxation
chevron_right
Article VIII Cooperative Apartments Exemption
- Part I, Administrative Legislation
- Ch 1 General Provisions
- Ch 8 Annual Report
- Ch 12 Appeals, Board of
- Ch 15 Appearance Tickets
- Ch 18 Architectural Review, Board of
- Ch 19 Best Value Procurement
- Ch 21 Conservation Advisory Council
- Ch 30 Eligibility Requirements
- Ch 37 Ethics
- Ch 51 Local Laws
- Ch 57 Manager
- Ch 61 Meetings
- Ch 72 Officers and Employees
- Ch 77 Planning Board
- Ch 81 Police Department
- Ch 87 Public Officers, Indemnification of
- Ch 90 Traffic Violations Bureau
- Ch 94 Trustees, Board of
- Part II, General Legislation
- Ch 106 Air Pollution Control
- Ch 107 Alarms
- Ch 111 Alcoholic Beverages
- Ch 116 Amusements
- Ch 121 Bicycles
- Ch 132 Building Construction and Fire Prevention
- Ch 133 Sprinkler Systems
- Ch 134 Maintenance Code Enforcement
- Ch 136 Cannabis
- Ch 137 Crane/Berkley Special Improvement District
- Ch 141 Dogs and Other Animals
- Ch 143 Downtown Infrastructure Improvement District
- Ch 147 Emergencies and Disasters
- Ch 152 Environmental Quality Review
- Ch 158 Fences, Walls and Plantings
- Ch 163 Fireworks and Explosives
- Ch 167 Flood Damage Prevention
- Ch 171 Freshwater Wetlands
- Ch 179 Garbage, Rubbish and Refuse
- Ch 182 Historic Preservation
- Ch 185 Housing Discrimination
- Ch 192 Licensing
- Ch 196 Littering and Handbills
- Ch 205 Noise
- Ch 209 Notification of Defects
- Ch 217 Parades and Processions
- Ch 224 Parks and Recreation Areas
- Ch 230 Peace and Good Order
- Ch 234 Peddlers and Vendors
- Ch 236 Pesticides
- Ch 240 Public Displays
- Ch 243 Recycling
- Ch 244 Sewers
- Ch 245 Sidewalk Cafes
- Ch 247 Signs
- Ch 251 Site Plan Review
- Ch 252 Smoking
- Ch 254 Stormwater Management
- Ch 256 Streets, Sidewalks and Public Places
- Ch 265 Swimming Pools
- Ch 269 Taxation
- Ch 269 Art VIII Cooperative Apartments Exemption
- § 269-24 Cooperative apartment corporation.
- Ch 272 Taxicabs
- Ch 275 Television, Cable
- Ch 277 Topsoil, Removal of
- Ch 281 Trees, Grass, Brush and Weeds
- Ch 290 Vehicles and Traffic
- Ch 294 Visual Obstructions
- Ch 302 Watercourses, Diversion of
- Ch 306 Wireless Telecommunications Facilities
- Ch 310 Zoning
- Appendix
- Ch A275 Cable Television Commission Rules and Regulations
- Ch A316 Appeals, Board of, Rules and Regulations
- Ch A317 Architectural Review Board Rules and Regulations
- Ch A318 (Reserved)
- Ch A319 Subdivision of Land; Planning Board Regulations
- Ch A320 Water
- Ch A321 Design Guidelines for Houses in Residence a Districts
- Disposition List
- Ch DL Disposition List
[Amended 3-27-2001 by L.L. No. 7-2001]
As set forth pursuant to § 467, Subdivision
3-a(a) and (b), and Subdivision 6 of § 459-c of the New
York State Real Property Tax Law, title to that portion of real property
owned by a cooperative apartment corporation in which a tenant-stockholder
resides and which is represented by his or her share or shares of
stock in such corporation as determined by its or their proportional
relationship to the total outstanding stock of the corporation, including
that owned by the corporation, shall be deemed to be vested in such
tenant-stockholder. That proportion of the assessment of such real
property owned by a cooperative apartment corporation determined by
the relationship of such real property vested in such tenant-stockholder
to such real property owned by such cooperative apartment corporation
in which such tenant-stockholder resides shall be subject to exemption
from taxation pursuant to these articles of the New York State Real
Property Tax Law and any exemption so granted shall be credited by
the appropriate taxing authority against the assessed valuation of
such real property; the reduction in real property taxes realized
thereby shall be credited by the cooperative apartment corporation
against the amount of such taxes otherwise payable by or chargeable
to such tenant-stockholder.
