N.Y. Real Prop. Tax Law § 499-DDDDD

Current through 2024 NY Law Chapter 553

Section 499-DDDDD - Continuing requirements

Granting of the tax abatement authorized by this title requires that an owner whose application for tax abatement has been approved:

1. complies with all applicable provisions of law, including but not limited to, the local health, building and fire codes; and

2. does not have real property taxes, water and sewer charges, payments in lieu of taxes or other municipal charges with respect to an eligible building due and owing during the abatement period for a period of six months or more.

N.Y. Real Prop. Tax. Law § 499-DDDDD

Added by New York Laws 2022, ch. 59,Sec. HH-1, eff. 4/9/2022, op. to tax years beginning on and after 1/1/2023.