§ 1571. Apportionment. A local law adopted by any designated community, pursuant to this article, shall provide for a method of apportionment for determining the amount of tax due whenever the real property or interest therein is situated within and without the designated community.

Terms Used In N.Y. Tax Law 1571

  • Designated community: means any town or city within the Hudson Valley counties of Putnam, Ulster, or Westchester. See N.Y. Tax Law 1560
  • Tax: means the real estate transfer tax payable on a real property conveyance pursuant to section fifteen hundred sixty-one of this article, but shall have a different meaning if the context clearly indicates such as the real estate transfer tax imposed pursuant to article thirty-one of this chapter. See N.Y. Tax Law 1560
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