Preferential Agricultural Property

O.C.G.A. 48-7-7.1 provides for the assessment of bona fide agricultural property at 75 percent of the assessment of other property. This means that this type of property is assessed at 30 percent of fair market value rather than 40 percent.  Property that is devoted to the production of bona fide agricultural products includes:  agriculture, horticulture, floriculture, forestry, dairy, livestock, poultry, apiary, and all other forms of farm production.  Property that qualifies for this special assessment must be maintained in its current use for a period of ten years. Please be advised that this is not the same as Conservation Use Assessment.

Time to Submit Application

January 1 to April 1 is the time to submit applications for specialized assessments.