How does the Current Agricultural Use Value valuation differ from fair market value?
The fair market value normally depends upon establishing the value for the farm land based on comparing it to recent sales of similarly situated farms. The CAUV system depends upon capitalizing the expected net income received from farming.

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1. What is the Current Agricultural Use Value Program?
2. What are the eligibility requirements?
3. How many acres are required to qualify for the Current Agricultural Use Valuation program?
4. For what length of time is the application effective?
5. Do you have to own a farm for three years before you can apply?
6. What happens if I do not re-file my CAUV Application?
7. How does the Current Agricultural Use Value valuation differ from fair market value?