Add Conditional Fields Legal New Hampshire Farm Operations Forms For Free

USDA defines a farm as any place that produced and sold—or normally would have produced and sold—at least $1,000 of agricultural products during a given year. USDA uses acres of crops and head of livestock to determine if a place with sales less than $1,000 could normally produce and sell at least that amount.

“Farm” denotes a tract of land devoted in part, at least, to cultivation,for agricultural purposes, without reference to its extent, or to the tenure bywhich it is held.

Farm. A farm is defined as any place from which $1,000 or more of agricultural products were produced and sold, or normally would have been sold, during the year.

A farm (also called an agricultural holding) is an area of land that is devoted primarily to agricultural processes with the primary objective of producing food and other crops; it is the basic facility in food production.

A farm (also called an agricultural holding) is an area of land that is devoted primarily to agricultural processes with the primary objective of producing food and other crops; it is the basic facility in food production.

CURRENT USE QUALIFICATIONS Any parcel that meets one or more of the following can potentially qualify for Current Use: 1.) At least 10 acres of undeveloped, contiguous farm, forest and/or unproductive land; 2.) Wetlands of any size, which meets the wetlands definition as established by the Current Use Board.; 3.)

Current use is a taxing strategy aimed at making it easier for landowners to keep their open space undeveloped. Instead of being taxed at its real estate market value, land is taxed on its income-producing capability. In other words, land is taxed as a woodlot, or a farm, not as a potential site for houses.

GETTING OUT OF CURRENT USE There is no buy-out provision. Once the land is accepted, it is in forever and the status is passed to subsequent owners. Owner must physically change the use of the land to a non-qualifying use, or through sale or other disposal means, create a parcel less than 10 acres.

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.