N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 8186-2.5

Current through Register Vol. 46, No. 50, December 11, 2024

Section 8186-2.5 - Computation of full value of taxable real property

(a) When computing a tentative equalization rate or ratio pursuant to section 8186-2.4 of this Subpart, the full value of the taxable real property shall be computed according to the full value standard that applies to the current roll as set forth in the procedures for the rates or ratios for the appropriate assessment roll year.

(b) The value of the taxable real property as of the valuation date of a market value survey shall be computed in the manner provided by section 8186-2.6 of this Subpart.