Present-Use Value Program

Present-Use Value or the Use-Value Program

The North Carolina Legislature enacted the present use value program to allow for reduced tax values of individually owned property involved in agricultural, horticultural or forestry management. Basic requirements of eligibility for each are listed below.

Agricultural Land Use

Agricultural land consisting of one or more tracts, one of which consists of at least 10 acres that are in actual production and,

For the three years preceding January 1 of the year for which the benefit is claimed, have produced an average gross income of at least $1,000.

Horticultural Land Use

Land consisting of one or more tracts, one of which consists of at least five acres that are in actual production and,

For the three years preceding January of the year the benefit is claimed, have either produced an average gross income of $1,000 or been used to produce evergreens intended for use as Christmas trees and meet gross income requirements.

Forestland Land Use

Forestland consisting of one or more tracts, one of which consists of at least 20 acres that are in actual production and

Not included in a farm unit.

Information & Requirements

• What is the Present Use Value Program and What are the Requirements?
• Present Use Value Brochure

Forms

• Applications for Present Use Value