In different states there are various ways that land owners may enter into agreements to help preserve various rural aspects of their land. One widely used method in Central VA helps to ensure protection of the agricultural resources, forest resources, scenic spaces, or wildlife habitat that may exist on a property into the future. […]
Archives for November 2015
Land Use Assessments for Virginia Taxes
In Virginia there is legislation that encourages the preservation of agricultural, forest, horticultural and open spaces. This legislation provides tax incentives for landowners to protect their lands from development. Virginia law provides for eligible land in any of these categories to be taxed based upon the land’s value in use (use value) as opposed to […]
Pam Dent