Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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real estate tax purposes is based on the fair market value of his land, measured by the potential sale price of his land for its highest and best use. Its potential for commercial, industrial or high density residential development can be an important component of assessed values. If an open space easement is placed on a property, its potential for development is removed and Virginia law requires that this must be recognized in assessing property for real estate tax purposes. Real estate taxes are often stabilized or might be significantly lowered by the open space easement in urbanizing areas. 12. Does an easement affect state and federal income taxes?
The gift of an open space
91.5%