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.
N.Y. Real Property Law § 291
N.Y. Real Property Tax Law § 1802
N.Y. Real Property Tax Law § 523-b
N.Y. Real Property Tax Law § 730
N.Y. Real Property Tax Law §§ 1801-1802 (art. 18)
N.Y. Real Property Tax Law Article 7 (§§ 700-744)
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