§ 570. Advisory valuations of utility real property. Upon the written request of the assessors of any city, town or village having a population of less than ten thousand according to the latest federal census and an assessed valuation of less than ten million dollars, the commissioner shall furnish the full value of the real property therein of a public utility subject to the jurisdiction of the state department of public service. The valuations so furnished shall be for the advice of the assessors and shall not be binding upon them.

Terms Used In N.Y. Real Property Tax Law 570

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
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