Farm Use Assessment Program
The Farm Use Assessment Program provides tax relief to resident and non-resident farmland owners who have property leased to bona fide farmers.
Who is eligible?
If you are a property owner who is not a bona fide farmer, you may be eligible for farm use assessment if you:
- lease or rent clear arable land to a bona fide farmer who operates it as a farm where:
- the lease or rental agreement for the land is for a minimum of three years; and
- the total amount of land leased from the person is a minimum of ten acres of clear arable land, but excludes land approved for sub-division as residential, recreational, commercial, industrial or institutional use.
Are there any conditions?
Only the portion of clear land used for farming purposes is eligible for the farm use assessment.
What are land values under the Farm Use Assessment Program?
There are three main classes of farm land. The assessment value per acre, for each class, are as follows:
|Land Class||Farm Use Assessment per Acre|
|Class 2 land||$500 per acre|
|Class 3 land||$330 per acre|
|Class 4 Land||$230 per acre|
How do I apply?
If you wish to apply to the Farm Assessment Program for Bona fide Farmers, you must complete an Application for Farm Use Assessment (755 Kb) (Demande d’évaluation pour utilization agricole (711 Kb) form and return it to Taxation and Property Records as directed on the form.
Who should I contact if I have questions about the program?
Taxation and Property Records
Phone: (902) 368-4070
Fax: (902) 368-6164