Form Tc108 - Application For Correction Of Assessed Value For One, Two Or Three-Family House Or Other Class One Property Only - 2011 Page 3
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4TAX COMMISSION OF THE CITY OF NEW YORK
TC108
1 Centre Street, Room 936, New York, NY 10007
2011
APPLICATION FOR CORRECTION OF ASSESSED VALUE FOR ONE, TWO
OR THREE-FAMILY HOUSE OR OTHER CLASS ONE PROPERTY ONLY
You cannot use this form to: (i) claim an exemption; (ii) request a change in tax class for your
property; or (iii) apply for a reduction in the assessed value of a class 2, 3 or 4 property.
FORM TC108 MUST BE RECEIVED BY THE NYC TAX COMMISSION AT 1 CENTRE ST., RM. 936, NEW YORK, NY
10007 BY 5:00 P.M. MARCH 15, 2011.
If you received a revised notice of assessed value or a notice of apportionment from the Dept. of Finance dated after
February 23, 2011, the Tax Commission must receive your TC 108 within 20 calendar days after the date of that notice.
Check the box next to the applicable notice and attach a copy of the notice: Apportionment notice Notice of increase
TYPE OR PRINT IN INK. DO NOT USE PENCIL. COMPLETE ALL ITEMS.
NOTE: THE TAX COMMISSION HAS ADOPTED A RULE IMPOSING A $175 FEE ON APPLICATIONS FOR CORRECTION WHERE THE ASSESSED
VALUE ON THE NOTICE OF PROPERTY VALUE FOR 2011/12 IS $2 MILLION OR MORE. NO FEE IS DUE IF THE APPLICANT OR
REPRESENTATIVE WAIVES REVIEW OF THE APPLICATION BEFORE IT IS SCHEDULED FOR REVIEW. IF ANY FEE IS UNPAID, REVIEW OF
YOUR APPLICATION MAY BE DENIED AND ANY OFFER OF CORRECTION REVOKED. THE FEE WILL BE INCLUDED ON THE REAL PROPERTY
TAX BILL. DO NOT PAY THE FEE WITH THIS APPLICATION
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1. PROPERTY IDENTIFICATION - A separate application is required for each tax lot, except for condo units.
BOROUGH (Bronx, Brooklyn, Manhattan, Queens or Staten Island)
BLOCK
LOT
ASSESSMENT YEAR
2011/12
FULL ADDRESS OF PROPERTY (WITH ZIP CODE)
2. APPLICANT - The applicant must be an owner or other person directly affected by the assessment.
An attorney or agent, other than the board of managers, cannot be the applicant.
a) APPLICANT’S NAME: _____________________________________________________
The owner residing at the property.
The owner residing elsewhere.
b) APPLICANT DESCRIPTION (CHECK ONE):
Tenant Other (specify): __________________________ Attach TC200 and documentation specified in TC200, Part 2.
Board of managers designated as agent for owner to contest assessment (Attach list of covered lots).
Source of Board’s authority (check one): By-laws
Individual authorization, valid under applicable law
Power-of-attorney
3. CONTACT INFORMATION - Provide contact information for Representative or Applicant, if self-represented
NAME OF PERSON OR FIRM TO BE CONTACTED
PHONE NO.
(_____________)
______________-----______________
EMAIL ADDRESS:
GROUP #, IF ANY
MAILING ADDRESS:
Will an appointed Representative handle this application for the Applicant? (Check One): No Yes
If “Yes”, check type of Representative: Attorney Other (specify): _______________________________________
4. CLAIM OF MARKET VALUE - Complete every item. See instructions for an explanation of market value.
THE TAX COMMISSION CANNOT CHANGE THE MARKET VALUE SHOWN ON YOUR NOTICE OF PROPERTY
VALUE.
a) Applicant's estimate of market value (what the property
would sell for in the current market):
a) $ ___________________________________
b) Multiply line a by 6% (.06)
b) $ ___________________________________
c) Assessed Value (from Notice of Property Value)
c) $ ___________________________________
If line c is less than line b, DO NOT FILE TC108; THE TAX COMMISSION WILL NOT REDUCE YOUR ASSESSED VALUE.
Market value added by construction, alteration or other physical changes (not ordinary repair or maintenance)
since January 5, 2009
$____________________________________
If none, enter zero
You have the right to allege an assessment ratio lower than the 6% ratio used in setting the assessment and seek a lower assessment
in a proceeding for judicial review. See Publication 600 available at
5. HEARING REQUEST - Check “Review on papers” or, if you request an in-person hearing, check one location only.
Review on papers submitted WITHOUT an in-person hearing,
OR
In-person hearing in Manhattan
In-person hearing in the Bronx
In-person hearing in Brooklyn
In-person hearing in Queens
In-person hearing in Staten Island
DATE RECEIVED
Go to for information about your assessment or for forms and
The signer of this application must initial this page if you do not use a two-sided application form. Signer’s initials
instructions.
________
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