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  1. comptroller.tn.gov › boards › state-board-of-equalizationGreenbelt - Tennessee

    The Act is codified in Tennessee Code Annotated §§ 67-5-1001 through 1050. The purpose of the Act is to help preserve agricultural, forest, and open space land. This is accomplished by valuing land based upon its present use, rather than at a highest and best use.

  2. open space and reduce urbanization across Tennessee. Greenbelt helps provide tax relief, not exemption, to those who qualify. (TCA 67-5-1002) WHAT LAND IS ELIGIBLE FOR GREENBELT? Eligibility is based on one of three categories: Agriculture, Forest, or Open Space. • Agriculture – 15 acres minimum (can also have a separate tract

  3. be useful to taxpayers, county and city officials, and persons with a general interest in greenbelt. The State Board of Equalization is responsible for approving the forms used to apply for agricultural, forest or open space classification.

  4. Commonly referred to as the “Greenbelt Law,” the Agricultural, Forest and Open Space Act of 1976 was enacted to encourage retention of green spaces around urban areas, and to prevent the loss of family farms due to assessments based on development speculation values, rather than the property’s current use.

  5. Provide relief from urban sprawl and provide green spaces for enjoyment of people who would not normally have access to such areas. There are 3 types of land eligible for enrollment under the Greenbelt Program: Agricultural Land; Forest Land; Open Space Land; Greenbelt Manual. Greenbelt Application Procedure

  6. 5 Οκτ 2017 · If you own 15 acres or more, you just might be able to reduce your Tennessee property tax liability by applying for the Greenbelt Law. The Greenbelt Law, or the Agricultural, Forest, and Open Space Land Act of 1976, was designed to preserve farms, forests, and open space and to reduce urbanization across Tennessee.

  7. Provide relief from urban sprawl and provide green spaces for enjoyment of people who would not normally have access to such areas. There are 3 types of land eligible for enrollment under the Greenbelt Program. Agricultural land; Forest Land. Open Space Land

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