Form RP-470 Application for Real Property Tax Exemption for Green Buildings - New York

What Is Form RP-470?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form RP-470?
A: Form RP-470 is an application for real property tax exemption for green buildings in New York.

Q: What is a green building?
A: A green building is a building that is designed and constructed to be environmentally sustainable and energy-efficient.

Q: Who can file Form RP-470?
A: Owners or lessees of eligible green buildings in New York can file Form RP-470.

Q: What are the eligibility requirements for the tax exemption?
A: The building must meet certain criteria for energy efficiency and sustainability, as outlined in the application.

Q: What are the benefits of the tax exemption?
A: The tax exemption can provide substantial savings on real property taxes for eligible green buildings.

Q: Are there any deadlines for filing Form RP-470?
A: Yes, the application must be filed with the assessor's office on or before the applicable taxable status date for the assessment roll.

Q: Can I appeal if my application for the tax exemption is denied?
A: Yes, you have the right to appeal the denial of your application if you believe it was unjust.

Q: Are there any fees associated with filing Form RP-470?
A: There are no fees required to file Form RP-470.

Q: Can I get a tax exemption for a green building that is already constructed?
A: Yes, as long as the building meets the eligibility criteria, you can still apply for the tax exemption even if the building is already constructed.