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Begin with SECTION A. Indicate the application reason by selecting one of the options regarding enrollment status.
Move to SECTION B and list all landowners. Ensure you select a primary contact and provide their Social Security Number or FEIN, names, mailing addresses, emails, and primary phone numbers.
In SECTION C, describe the property location, including town or city, SPAN number, and acreage details. Answer questions about adjoining parcels and exclusions carefully.
Proceed to SECTION D if applicable for transfers. Fill in details about the deed recording date and ownership transfer specifics.
Complete SECTION E by detailing any buildings on the parcel and confirming qualifications as a farmer if necessary.
For agricultural land in SECTION F, specify how many acres are being enrolled and provide additional information as required.
Finally, review all sections for accuracy before signing in SECTION J. Ensure all owners sign where indicated.
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The Use Value Appraisal (UVA) Program, commonly known as Current Use, allows enrolled farm and forestland to be taxed based on its productive use rather than its fair market value.
What does it mean when a property is in Current Use?
What is Current Use? Current Use is a tax assessment law that taxes land at its productive capacity. This means the land is taxed at its income-producing capability as forest, farmland, or undeveloped land, rather than at its real estate value as a building site.
What is the meaning of Current Use?
Owners who wish to withdraw all or a portion of land and/or buildings should file Form LV-314, Request For Withdrawal From The Use Value Appraisal Program by mail or online at myVTax. See the guide on how file Form LV-314 using myVTax.
What is Current Use in Vermont?
Current Use, or the Use Value Appraisal program, is a tax-incentive program in Vermont that allows landowners to receive lower property tax rates in exchange for keeping their forests and agricultural lands from being developed. The program was instituted in 1977 and nearly 70% of eligible land is currently enrolled.
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Current Use Program, Form CU-301 (Formerly LU-AFCFB)(
You must submit the application and the required fee ($90) to the Current Use Program by September 1 for enrollment in the tax year that begins the following
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