New York S05836 removes the requirement for local assessor offices to add a code to notification forms for the creation or termination of a mortgage.

New York S05836 amends the real property tax law to change how local assessor offices handle notifications about changes in tax billing addresses. Specifically, it removes the requirement for these offices to add a code to notification forms when a mortgage escrow account is created or terminated. This change simplifies the notification process for assessors and potentially reduces administrative burdens. The bill also includes provisions for updating tax billing addresses in data files or assessment rolls, depending on availability.

New York S05836 removes the requirement for local assessor offices to add a code to notification forms for the creation or termination of a mortgage.

New York S05836 amends the real property tax law to change how local assessor offices handle notifications about changes in tax billing addresses. Specifically, it removes the requirement for these offices to add a code to notification forms when a mortgage escrow account is created or terminated. This change simplifies the notification process for assessors and potentially reduces administrative burdens. The bill also includes provisions for updating tax billing addresses in data files or assessment rolls, depending on availability.