I’m not ready for permanent preservation, but, I’m interested in Chapter 61 – what does that mean?
Chapter 61 places land in a tax assessment category where owner is taxed at a lower tax bracket while the land remains enrolled in the Chapter 61 program. The Chapter 61 program provides tax relief for a temporary term of 5 or 10 years if the land is used for any of the following three categories: recreation, forestry and agriculture.
