What happens after a property is designated as a local historic landmark?
Two things. First, the property becomes subject to the same review process described under Local Historic Districts above. Prior to making changes to any portion of the designated property (including interiors, when designated), the property owner must obtain a COA from the Commission. The Commission has adopted design review guidelines and minor work provisions for landmark properties. Second, under State law, the property owner may apply with the Forsyth County Tax Office for a 50% property tax deferral for the designated property. The tax deferral runs in perpetuity, unless the integrity of the property is lost or substantially impaired (other than by fire or natural disaster), or because the designation ordinance has been repealed. Each new property owner of a landmark must reapply for the deferral.
