# COMAR Title 18 — Department of Assessments and Taxation

## Subtitle 02 — Real Property Assessments

### Chapter 03 — Agricultural Use Assessments

#### Regulation .08 Agricultural Use Value Rates.

*COMAR 18.02.03.08*

The following ranges govern the valuation and assessment of land eligible for agricultural use assessment, based on the capitalization of Statewide farmland rentals:

Use Value/Assessment
          
        
        
          
            Class 1
            FCMA land
            $125 per acre/$125 per acre
          
          
            Class 2
            Land under a private woodland management plan
            $187.50 per acre/$187.50 per acre
          
          
            Class 3
            Other eligible land
            $125—$500 per acre/$125—$500 per acre