N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8201-3.3

Current through Register Vol. 46, No. 45, November 2, 2024

Section 8201-3.3 - State standards for quality assessment administration

The standards for quality assessment administration are:

(a) In reassessment years.

(1) The reassessment must:

(i) be conducted pursuant to a plan for cyclical reassessment of not less than four years;

(ii) provide for the reappraisal of all parcels in the first and last year of the plan;

(iii) provide for a reappraisal of all parcels at least once every four years; and

(iv) collect inventory data at least once every six years.

(2) Reappraisal means developing and reviewing a new determination of market value for each parcel, based upon current data, by the appropriate use of one or more of the three accepted approaches to value (cost, market, or income).

(3) Review of the appraisal values consists of a visit to each property, and includes a review of the recorded inventory, examination and analysis of the appraisal estimates, and determination and documentation of a final appraised value. An office review may be substituted if appraisers have collected data or reinspected the property characteristics data as part of the reappraisal, or if the review utilizes oblique aerial, orthophoto, or street-level photography that was taken within three years of the reappraisal. In special assessing units an office review may be substituted if the property characteristics data has been systematically collected from other governmental sources.

(b) Annually. The assessor or the chairman of the board of assessors has filed a signed statement verifying that the following actions were taken in accordance with the statute or rule:

(1) parcels on the data file have complete and accurate inventories as of taxable status date;

(2) pertinent sales data on the data file is complete and accurate;

(3) parcels on the assessment roll filed pursuant to article 15-C of the Real Property Tax Law have valid property tax exemption codes;

(4) the final assessment roll meets the requirements of Part 8190 of this Title;

(5) the assessor's report meets the requirements of Part 8193 of this Title and is reconciled by ORPTS;

(6) data files required pursuant to article 15-C of the Real Property Tax Law and Part 8190 of this Title are filed in accordance with section 1590 of the Real Property Tax Law;

(7) sales corrections required by Part 8191 of this Title are received in an ORPTS approved computerized format. Transactions are received on a timely basis;

(8) notice of assessment inventory was published as required by section 501 of the Real Property Tax Law;

(9) notice of tentative assessment roll was published as required by section 506 of the Real Property Tax Law;

(10) assessment change notices were sent as required by section 510 of the Real Property Tax Law;

(11) assessment disclosure notices as required by section 511 of the Real Property Tax Law are sent and required meetings have been held;

(12) the tentative assessment roll was posted on the Internet as required by section 1590 of the Real Property Tax Law;

(13) notice of final assessment roll was published as required by section 516 of the Real Property Tax Law;

(14) renewal forms for the senior citizens' exemptions were sent as required by section 467 of the Real Property Tax Law;

(15) notices of denial for the STAR exemptions were sent as required by section 425 of the Real Property Tax Law;

(16) the uniform percentage appears on the tentative assessment roll or in instances where a tentative assessment roll is not printed, a sign that contains the uniform percentage is posted in a conspicuous location;

(17) in a reassessment year, all parcels were reappraised and reviewed in accordance with the assessing unit's plan; and

(18) the assessing unit has a method to collect or reinspect all parcels at least once every six years in accordance with subdivision (a) of this section.

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8201-3.3