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If land converts to undeveloped, agricultural forest, productive forest lands or other for one year, and then converts to esidential, is it then liable for a Conversion Charge?

April 26, 2017charge conversion converts land liable Residential undeveloped year

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Posted

If land converts to undeveloped, agricultural forest, productive forest lands or other for one year, and then converts to
esidential, is it then liable for a Conversion Charge?

1 Answer

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Posted

No. A literal reading of the statutes is that there is only one conversion from agricultural land. If that conversion is to a favored category, the conversion is without conversion charge. Subsequent conversions are not relevant.