Owners of agricultural land, timberland and environmentally sensitive land may qualify for conservation use value assessment (CUVA) under O.C.G.A. Section 48-5-7.4. The Georgia Revenue Commissioner has the responsibility of annually determining the values for ad valorem tax purposes of this type land and publishing rules and regulations to help county tax assessors determine the values of property  that qualify for conservation use assessment. 

Conservation use property is assessed at 40% of current use value which gives a reduced assessment to the owner of this type property when compared to other property assessed at 40% of fair market 
value. This favorable tax treatment is designed to protect these property owners from being pressured by the property tax burden to convert their land from agricultural use to residential or commercial use, hence the name "conservation use" assessment. In return for the favorable tax treatment, the property owner must keep the land undeveloped in a qualifying use for a period of ten years or incur stiff penalties. Owners who breach their conservation use covenant must pay back to the taxing authorities twice the savings they have received over the life of the covenant up to the point it was breached. 

REMINDER: This listing is a free service of LandCAN.
Conservation Use Valuation Assessment is not employed by or affiliated with the Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.

Listed in:

• Federal and State Tax Incentives and Programs

Contact Conservation Use Valuation Assessment

Georgia Department of Revenue
1800 Century Blvd. NE
Atlanta, Georgia  30345
Phone: 877-423-6711
 Visit Website

 

Service Area

Statewide Program in:

• Georgia

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