No exemption shall be granted, except in accordance
with the conditions set forth in Real Property Tax Law § 467.
Any conviction of having made any willful false
statement in the application for such exemption shall be punishable
by a fine of not more than $250 and shall disqualify the applicant
or applicants from further exemption for a period of five years.
Applications must be filed annually for such
exemption on forms provided by the town.