Disputed Assessment Fund (DAF)
Nassau County Administrative Code § 6-41.0
Establishes a special revenue fund — the Disputed Assessment Fund — maintained and administered by the Nassau County Treasurer to pay anticipated real property tax refunds on Class Four (commercial) properties (RPTL § 1802) that grieve their assessments, isolating that refund burden to Class Four rather than spreading it across the other property classes. When a Class Four property's assessment is disputed, the Assessor allocates a percentage of the assessment to a disputed-assessment charge; refunds resulting from an RPTL Article 7 settlement or court order, or from an Assessment Review Commission (ARC) determination or stipulation on those properties, are paid from the fund.
Who must comply
Other NASSAU regulations
Recording of Conveyances
N.Y. Real Property Law § 291
Four-Class Property Classification
N.Y. Real Property Tax Law § 1802
Assessment Review Commission
N.Y. Real Property Tax Law § 523-b
Small Claims Assessment Review (SCAR)
N.Y. Real Property Tax Law § 730
Special Assessing Units - Definitions and Classification of Real Property
N.Y. Real Property Tax Law §§ 1801-1802 (art. 18)
Tax Certiorari (RPTL Article 7)
N.Y. Real Property Tax Law Article 7 (§§ 700-744)
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