Appraiser III Practice Exam 2025 - Free Appraiser Certification Practice Questions and Study Guide

When a property is placed under Conservation Use Assessment, the primary goal is to encourage the preservation of agricultural land by providing tax incentives. Generally, this assessment applies to land that is actively used for agricultural purposes, and it aims to reduce property taxes to make farming more economically viable.

In this context, buildings used for storing agricultural products are indeed included in the assessment value. This is because such structures play a critical role in the agricultural operation and are necessary for the storage and management of products that are grown on the land. By including these storage buildings, the assessment more accurately reflects the agricultural use of the land, enabling better support for landowners who are engaged in farming activities.

Other response options suggest conditions under which buildings might be included, such as seasonal use or ownership. However, the intent of the Conservation Use Assessment is to recognize the entire agricultural operation, including necessary structures, thus affirming that all relevant buildings contribute to the assessment value seamlessly.