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WHO DETERMINES THE VALUE OF AGRICULTURAL EASEMENTS?

Agricultural easements value
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WHO DETERMINES THE VALUE OF AGRICULTURAL EASEMENTS?

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The county farmland preservation board determines the market value, easement value, and the farmland value of the property by retaining independent licensed real estate appraisers. A farmer who disagrees with the appraisal has the right to retain another independent appraiser. Differences between the two appraisals are worked out according to a formula in the law to arrive at the purchase value of the easement.

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