Get the free Use value appraisal - Vermont Department of Forests, Parks and ... - vtfpr

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This document outlines the requirements and instructions for the Current Use Program Conformance Inspection Report, including details about inspections, landowner responsibilities, and management

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What is use value appraisal?

Use value appraisal is a method used to assess the value of property for tax purposes based on its actual use rather than its market value.

Who is required to file use value appraisal?

Property owners who qualify for agricultural, forest, or open space use valuation are required to file use value appraisal.

How to fill out use value appraisal?

To fill out use value appraisal, property owners need to provide detailed information about the property's use, including acreage, land type, income generated, and any changes to the property's use.

What is the purpose of use value appraisal?

The purpose of use value appraisal is to provide tax incentives for property owners who use their land for agricultural, forest, or open space purposes rather than developing or selling it for other uses.

What information must be reported on use value appraisal?

The information that must be reported on use value appraisal includes the property's location, acreage, land type, income generated, and any changes to the property's use.

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