07/20/2020 Assessment Community Weekly

Reminder: review your Sales Reports

This is a great time to begin reviewing your Sales Reports. The deadline is August 31, but don’t delay. Your timely review is very important because we’ll use the sales data to begin the process of calculating 2021 equalization rates and RARs.

For more information, see Sales usability criteria.

On the arms-length report, there is a column which indicates whether the sale is COD/RAR usable. If you find a mistake or need to correct a sale, follow these instructions:

• RPS users: within your RPS file, make the correction and then re-transmit it by going to Standard Reports > Sales > Sales Transmittal Report. Please email the RPS035 to ORPTS.saleint@tax.ny.gov. The ORPTS sales database and online sales reports will be updated with the corrections.
• If you submit paper reports, use Form RP-5217 ACR, Sale Correction Form. Email the completed forms to ORPTS.saleint@tax.ny.gov or mail them to:
  

NYS TAX DEPARTMENT – ORPTS
ATTN:  DATA MANAGEMENT UNIT
W A HARRIMAN STATE CAMPUS – BLDG. 8A
ALBANY, NY 12227-0801                                             

Judicial cases

New Judicial cases:

• Matter of International Student Exch., Inc. v Assessors Off. of the Town of Islip
• That Is So Franco, LLC v. Assessor for the City of Troy