N.Y. Comp. Codes R. & Regs. tit. 10 § 451.150

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

Section 451.150 - Increment

(a) An increase in value from one point of time to another, without reference to cost or book value.

(b) Unearned increment has reference to an increase in the value of land from causes to which the owner has made no contribution, as from growth of population.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.150