Αποτελέσματα Αναζήτησης
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.
- Administrative Decisions
TN.gov; Disclaimer; Comptroller of the Treasury Jason E....
- Administrative Decisions
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
codified in Tennessee Code Annotated §§ 67-5-1001 through 1050. This manual will discuss the agricultural, forest and open space classifications, the process of applying for a classification, assessment of rollback taxes and the process of appealing the denial of a classification, the assessment of rollback taxes or the established use value.
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.
The Agricultural, Forest and Open Space Land Act of 1976, better known as the Greenbelt Law, allows certain land to be taxed on its present use instead of market value. The law is designed to preserve farm and forest land for valuable food and fiber and to maintain open space for public enjoyment by easing some of the burden of property taxes.
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.
The Agricultural, Forest and Open Space Land Act of 1976, better known as the Greenbelt Law, allows certain land to be taxed on its present use instead of market value. The law is designed to preserve farm and forest land for valuable food and fiber and to maintain open space for public enjoyment by easing some of the burden of property taxes.
