Present-Use Value Assessment
Commercial producers of agricultural, horticultural or forest products are eligible to apply for tax assessment on the basis of present use, rather than full market value.
As a commercial producer of agricultural, horticultural or forest products, North Carolina allows eligible producers to apply for tax assessment on the basis of present use, rather than full market value.
This application must be filed during the regular listing period, or within 30 days of a notice of a change in valuation, or within 60 days of a transfer of the land.