Transfer of TitleMEDIUMFREE
Tennessee greenbelt law provides:
2:36
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Audio Lesson
Duration: 2:36
Question & Answer
Review the question and all answer choices
A
No tax benefits
B
Reduced property tax assessment for agricultural land
Correct Answer
C
Higher taxes for farms
D
Only commercial benefits
Why is this correct?
The greenbelt law allows qualifying agricultural, forest, and open space land to be assessed at use value rather than market value.
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