(a) the zoning ordinance of such town in which such property is
located permits the construction or reconstruction of residential
property for the purpose of providing living quarters for senior
citizens or disabled individuals;
(b) the property is located within the geographical area in which such
construction or reconstruction is permitted; and
(c) the residential property is so constructed or reconstructed such
that it is the principal place of residence for the owner.
3. Such exemption shall be applicable only to construction or
reconstruction which occurred subsequent to the effective date of this
section and shall only apply during taxable years in which such living
quarters are the legal residence of the senior citizen or disabled
person.
4. Such exemption from taxation shall be granted upon an application
which shall include a statement that a qualified senior citizen or
disabled individual resides at the residence and shall be made annually
upon a form to be promulgated by the office of real property services
and filed by the owner of such property to the assessor of such town
which has the power to assess property for taxation on or before the
appropriate taxable status date of such town. If the assessor is
satisfied that the property is qualified for an exemption pursuant to
this section, then such residential improvements shall be exempt from
taxation and special ad valorem levies as herein provided.
5. Any conviction of having made any willful false statements in the
application for such exemption shall result in the revocation thereof,
be punishable by a civil penalty of not more than two hundred dollars
and shall disqualify the applicant or applicants from further exemptions
for a period of two years.
Structure New York Laws
420-A - Nonprofit Organizations; Mandatory Class.
420-B - Nonprofit Organizations; Permissive Class.
421-A - Affordable New York Housing Program.
421-C - Exemption of Certain New Multiple Dwellings From Local Taxation.
421-E - Exemption of Cooperative, Condominium, Homesteading and Rental Projects From Local Taxation.
421-F - Exemption of Capital Improvements to Residential Buildings and Certain New Construction.
421-G - Exemption From Local Taxation of Certain Multiple Dwellings.
421-H - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-H*2 - Exemption of Capital Improvements to Residential Buildings.
421-I - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-I*2 - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-J - Exemption of Capital Investment in Multiple Dwelling Buildings Within Certain Cities.
421-J*2 - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-K - Exemption of Certain Multiple Dwellings.
421-L - Exemption of Capital Improvements to Residential Buildings in Certain Towns.
421-N - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-O - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
421-O*2 - Exemption of Capital Improvements to Multiple Dwelling Buildings Within Certain Cities.
422 - Not-for-Profit Housing Companies.
424 - Institute of Arts and Sciences.
425 - School Tax Relief (Star) Exemption.
425-A - Abatement of County Taxes in Special Assessing Units.
427 - Performing Arts Buildings.
428 - Fraternal Organizations; Entire Net Income for Education and Relief of Members.
429 - Real Property Used for Professional Major League Sports.
430 - Interdenominational Centers.
432 - Theatrical Corporations Created by Act of Congress.
436 - Officers of Religious Denominations.
438 - Trustees of a Hospital, Playground and Library; Hospital for Benefit of a City.
442 - Soldiers Monument Corporations.
457 - Exemption for First-Time Homebuyers of Newly Constructed Homes.
458-A - Veterans; Alternative Exemption.
458-B - Exemption for Cold War Veterans.
459 - Persons Who Are Physically Disabled.
459-A - Improvements to Property Made Pursuant to the Americans With Disabilities Act of 1990.
459-B - Physically Disabled Crime Victims.
459-C - Persons With Disabilities and Limited Incomes.
462 - Religious Corporations; Property Used for Residential Purposes.
464 - Incorporated Associations of Volunteer Firefighters.
466 - Volunteer Firefighters and Fire Companies in Villages.
466-A - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-A*2 - Volunteer Firefighters and Volunteer Ambulance Workers.
466-B - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Additional Counties.
466-C - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-C*2 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-C*3 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-C*4 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-C*5 - Volunteer Firefighters and Volunteer Ambulance Workers; Exemption.
466-C*6 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-C*7 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-D - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-D*2 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-D*3 - Volunteer Firefighters and Volunteer Ambulance Workers.
466-D*4 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-E - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-E*2 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-E*3 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-E*4 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-F - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-F*2 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-F*3 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-F*4 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-G - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-G*2 - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-H - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-H*2 - Un-Remarried Spouses of Deceased Volunteer Firefighters or Volunteer Ambulance Workers.
466-I - Volunteer Firefighters and Volunteer Ambulance Workers; Certain Counties.
466-J - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
466-K - Volunteer Firefighters and Volunteer Ambulance Workers; Certain County.
467 - Persons Sixty-Five Years of Age or Over.
467-F - Protective and Safety Devices Tax Abatement.
467-I - Real Property Tax Abatement.
467-J - Exemption for Certain Residential Properties Located in Certain Counties.
467-K - Senior Citizen Longtime Resident Exemption.
467-L - Rebate for Owners of Certain Real Property in the City of New York.
468 - Fire Patrol and Salvage Corps.
469 - Assessment Exemption for Living Quarters for Parent or Grandparent.
472 - Pharmaceutical Societies.
476-A - Railroad Passenger Stations.
477 - Tax Exemption for Industrial Waste Treatment Facilities.
477-A - Tax Exemption for Air Pollution Control Facilities.
478 - Tax Exemption for Off-Street Parking Facilities Providing Underground Shelters.
479 - Fallout Shelter Facilities.
480 - Forest and Reforested Lands.
480-A - Taxation of Forest Land.
481 - Taxation of Land Used for Agricultural Production.
483-C - Temporary Greenhouses.
483-D - Farm or Food Processing Labor Camps or Commissaries.
483-E - Anaerobic Digestion Facilities.
484 - Urban Redevelopment Corporations and Companies.
485 - Nuclear Powered Electric Generating Facilities.
485-A - Residential-Commerical Urban Exemption Program.
485-B - Business Investment Exemption.
485-D - Water-Works Corporations.
485-E - Empire Zone Exemption.
485-F - Banking Development Districts.
485-G - Infrastructure Exemption.
485-H - Residential Investment Exemption; Certain Cities.
485-I - Residential Investment Exemption; Certain School Districts.
485-I*2 - Residential Investment Exemption; Certain Cities.
485-J - Residential Property Improvement Exemption; Certain Cities.
485-J*2 - Residential Investment Exemption; Certain Cities.
485-J*3 - Residential Investment Exemption; Certain Cities and School Districts.
485-J*4 - Residential Investment Exemption; Certain Cities.
485-J*5 - Residential Investment Exemption; Certain Cities.
485-K - Residential Investment Exemption; Certain School Districts.
485-L - Residential Property Improvement; Certain Towns.
485-L*2 - Residential Investment Exemption; Certain School Districts.
485-M - Residential Investment Exemption; Certain School Districts.
485-N - Residential-Commercial Exemption Program.
485-O - New Residential Property Exemption; Certain Cities.
485-P - Economic Transformation Area Exemption.
485-Q - Residential Investment Exemption; Certain Cities.
485-R - Residential Redevelopment Inhibited Property Exemption; Certain Cities.
485-S - Residential Reassessment Exemption.
485-S*2 - Residential Reassessment Exemption.
485-S*3 - Mixed Use Exemption Program for Villages.
485-T - Owner Occupied Residential Property Exemption Program.
485-U - Class One Reassessment Exemption.
485-V - Residential Revaluation Exemption.
485-V*2 - Residential and Mixed-Use Investment Exemption; Certain Cities and School Districts.
485-W - Newly Constructed Single-Family and Multi-Family Residential Exemption; Certain Villages.
486 - Non-Profit Medical and Dental Indemnity, or Hospital Service Corporations.
486-A - Non-Profit Corporations Operating as Health Maintenance Organizations.
487 - Exemption From Taxation for Certain Energy Systems.
487-A - Exemption From Taxation of Conservation Improvements to Certain Residential Premises.