Respondents in a verified petition instituted pursuant to article 7 of the Real Property Tax Law allege that the 1971 assessment of their real property is erroneous and illegal by reason of overvaluation and inequality. They contend that the property which was assessed at $14,000 has a true value of not more than $11,250, and the assessment should be reduced to $9,000 in order to be proportionate with the other assessments in the taxing district. Annexed to the petition and...
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