Village of Skaneateles, NY Article VI Taxation of Converted Residential Condominium Units

[Adopted 7-9-2007 by L.L. No. 7-2007[1]]

[1] Editor's Note: This local law also stated that it shall take effect immediately.

§ 195-34 Assessment of converted residential condominium units.

Pursuant to the authority granted by Real Property Tax Law (RPTL) § 581, Subdivision 1(c), the provisions of RPTL § 581, Subdivision 1(a), shall not apply to converted residential condominium units within the Village of Skaneateles. The Village of Skaneateles does not recognize converted residential condominium units, as defined in RPTL § 581, Subdivision 1(c), as condominium units for the purpose of assessing the value of such condominium units.