The California Land Conservation Act of 1965--commonly referred to as the Williamson Act--enables local governments to enter into contracts with private landowners for the purpose of restricting specific parcels of land to agricultural or related open space use. In return, landowners receive property tax assessments which are much lower than normal because they are based upon farming and open space uses as opposed to full market value. Local governments receive an annual subvention of forgone property tax revenues from the state via the Open Space Subvention Act of 1971. How many acres are required for an agricultural preserve?
An agricultural preserve must consist of no less than 100 acres. However, in order to meet this requirement two or more parcels may be combined if they are contiguous, or if they are in common ownership. Smaller agricultural preserves may be established if a board or council determines that the unique characteristic of the agricultural enterprise in the area calls for smaller agricultural units, and if the establishment of the preserve is consistent with the General Plan. Preserves may be made up of land in one or more ownerships.
What happens to a Williamson Act contract upon sale of the property?
A Williamson Act contract runs with the land and is binding on all successors in interest of the landowner.
Does my county participate?
As of July 2005, all counties except Del Norte, Los Angeles, San Francisco, Inyo, and Yuba offer Williamson Act contracts.___
Information deemed reliable but not guaranteed.
Please visit the government site for the latest information and/or contact them at:
801 K Street, MS 24-01
Sacramento, CA 95814
Sacramento, CA 95814
(916) 322-1080
Fax: (916) 445-0732
____
To purchase or sell property in the Santa Clarita Valley, please call me at 661-309-2364
or email me at SantaClaritaRE@gmail.com
It will be my pleasure to help you with all of your real estate needs
*
DRE Lic #01260650
(C) 2010
All Rights Reserved
___
No comments:
Post a Comment