A Vermont landowner enrolled 200 acres of agricultural land in the Current Use Program in 2010. In 2025, she sells the property to a buyer who plans to continue farming the land without any development. The buyer wants to maintain the Current Use enrollment to preserve the reduced tax assessment. Which statement most accurately describes what happens to the Current Use enrollment at the time of sale?
Correct Answer
B) The enrollment runs with the land and transfers to the new owner, provided the qualifying use continues and required filings are made.
Under 32 V.S.A. Chapter 124, Vermont's Current Use Program enrollment runs with the land. When a property enrolled in the program is sold to a buyer who intends to continue the qualifying agricultural or forestland use, the enrollment transfers to the new owner. The land use change tax is NOT triggered by a sale alone — it is triggered by a change in use or withdrawal from the program. The buyer must ensure that required filings and notifications are made with the Vermont Department of Taxes to maintain enrollment, but continued qualifying use preserves the program benefits.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
Community property is a system where property acquired during a marriage is owned equally by both spouses.
A freehold estate represents ownership of real property with an indefinite duration.
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