What if I discontinue using my land for raising crops or grazing animals?
The local government will administer a penalty to the person who changes the use of the land. This penalty is the difference in taxes between ag. use & market value for the last 2 years. If you sell property that is assessed as agricultural land, you must inform the buyer that the land is assessed by the ag. use method.
In case the residence isn’t a single-family residence, the exemption can be applied just to the component of the building and lot the veteran occupies. This water can destroy your engine quickly.