[Adopted 5-2-2005 by L.L. No. 5-2005]
This article is adopted pursuant to Real Property Law § 339-y(1)(f) and Real Property Tax Law § 581(1)(c) for the purpose of preventing converted condominiums from obtaining preferential property tax treatment in the Town of Liberty.
The provisions of Real Property Law § 339-y(1)(b) and Real Property Tax Law § 581(1)(a) shall not apply to converted condominium units within the Town of Liberty.