N.Y. CNT Law § 272
This is the official text of N.Y. CNT Law § 272, part of New York’s CNT Law — part of the compiled statutory law of New York, published by the state as "CNT Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Taxation of district property
Official statutory text
§ 272. Taxation of district property. All real property acquired for\nthe purposes of the county district shall be acquired in the name of\nsuch county district. Real property acquired in the name of the county\ndistrict shall be assessed for the purposes of taxation at the value\nthereof exclusive of improvements erected or installed by or on behalf\nof such county district, but in no case at less than the assessed\nvaluation at the time of acquisition by such county district, provided\nhowever, that in those cases where the county district acquires real\nproperty already containing improvements intended for the very purpose\nfor which the particular district was established, the real property so\nacquired shall be assessed at the value of the land alone, exclusive of\nsuch improvements. Except as provided above, such real property shall be\nvalued on an equitable basis with other comparable real property in the\ndistrict.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.