Town of Manlius, NY Article VII Exemption for Living Quarters for Parents or Grandparents

[Adopted 8-25-2004 by L.L. No. 3-2004]

§ 134-29 Exemption granted; amount.

A. Pursuant to § 469 of the Real Property Tax Law, an owner of taxable real property used for residential purposes shall be entitled to an exemption from taxation to the extent of any increase in assessed value of such residential property resulting from the construction or reconstruction of such property for the purpose of providing living quarters for a parent or grandparent, who is 62 years of age or older.

B. Such exemption shall not exceed the increase in assessed value resulting from construction or reconstruction of such property; or 20% of the total assessed value of such property as improved; or 20% of the median sale price of residential property as reported in the most recent sales statistical summary published by the state board for Onondaga County, whichever is less.

§ 134-30 Qualifications for exemption.

No such exemption shall be granted unless:

A. The property is within the geographical area in which such construction or reconstruction is permitted; and

B. The residential property so constructed or reconstructed is the principal place of residence of the owner.

§ 134-31 Applicability.

Such exemption shall be applicable only to construction or reconstruction which occurred subsequent to the effective date of § 469 of the Real Property Tax Law (August 30, 2000), and shall only apply during taxable years during which at least one such parent or grandparent maintains a primary place of residence in such living quarters.

§ 134-32 Grant of exemption by Assessor.

Such exemption from taxation shall be granted upon an application made annually, upon a form to be promulgated by the state board, by the owner of such property to the Assessor on or before the appropriate taxable status date. If the Assessor is satisfied that the property is entitled to an exemption pursuant to this section, he shall approve the application, and such residential improvements shall be exempt from taxation and special ad valorem levies as provided in this article.

§ 134-33 Definitions.

For the purposes of this article, the term "parent or grandparent" shall be deemed to include the natural or adopted grandparents and parents of the owner or the spouse of the owner.

§ 134-34 Penalties for offenses.

Any conviction of having made any willful false statement in the application for such exemption shall result in the revocation thereof, be punishable by a civil penalty of not more than $100 and shall disqualify the applicant or applicants from further exemption for a period of five years.