Sarah, a real estate agent in Ohio, is helping her client understand a tax bill. The bill shows a 'CAUV' designation on 50 acres of the property. Sarah should explain that CAUV stands for:
Correct Answer
C) Current Agricultural Use Value
CAUV stands for Current Agricultural Use Value, an Ohio program that values qualifying agricultural land based on its current use for farming rather than its potential market value for development.
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More Oh Property Tax Assessment Questions
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