Village of Victor, NY Article IV Assessment of Converted Condominiums

[Adopted 5-21-2007 by L.L. No. 5-2007]

§ 147-13 Purpose.

This article is adopted pursuant to 1997 Laws of New York, Chapter 293, for the purpose of preventing lower assessments of converted condominiums.

§ 147-14 Statutory provisions not applicable.

Neither Subdivision 1(a) of § 581 of the NYS Real Property Tax Law nor Subdivision 1(b) of § 339-y of the NYS Real Property Law shall apply to any converted condominium unit within the Village of Victor.

§ 147-15 Definitions.

As used in this article, the following terms shall have the meanings indicated:

CONVERTED CONDOMINIUM UNIT

A dwelling unit that has previously been on an assessment roll as a dwelling unit in other than condominium form of ownership and has not been previously subject to the provisions of Subdivision 1(f) of § 339-y of the NYS Real Property Law and Subdivision 1(c) of § 581 of the NYS Real Property Tax Law.