Prior Exemption definition

Prior Exemption means any exemption from real property taxation for the Exemption Area pursuant to the Private Housing Finance Law or the General Municipal Law that was in effect prior to the Effective Date.

Prior Exemption means the existing tax exemption of the Exemption Area pursuant to Section 421-a(1-15) of the Real Property Tax Law.

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the Board of Estimate on April 28, 1983 (Cal. No. 300).

Examples of Prior Exemption in a sentence

• The Prior Exemption shall terminate with respect to the Exemption Area upon the Effective Date.

• Approve, pursuant to Section 125 of the PHFL, the termination of the Prior Exemption, which termination shall become effective one day preceding the conveyance of the Exemption Area from the Current Owner to the New Owner.

• In a letter dated August 25, 2020, the Department denied the Prior Exemption Request (the Denial Letter).

• The Council approves, pursuant to Section 125 of the PHFL, the termination of the Prior Exemption, which termination shall become effective one day preceding the conveyance of the Exemption Area from the Current Owner to the New Owner.

• At the time that the Prior Exemption Request was filed, the assets of the Plan and the Union Plan were both held in the Master Trust, where each Plan held a proportional ownership stake in the Interests.

More Definitions of Prior Exemption

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the New York City Council on May 7, 1991 (Resolution No. 973).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the New York City Council on December 15, 2003 (Resolution No. 1217).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the Board of Estimate on December 2, 1982 (Cal. No. 10).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the Board of Estimate on August 21, 1980 (Cal. No. 4).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the New York City Council on May 28, 1997 (Resolution No. 2387).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the New York City Council on January 18, 2012 (Resolution No. 1200).

Prior Exemption means the exemption from real property taxation for the Exemption Area approved by the New York City Council on December 11, 2017 (Resolution No. 1764).