a. Abatements/Ryland; Tessier - Laserfiche WebLink

CHAPTER 57-0.2 GENERAL PROPERTY ASSESSMENT 57-02-01. Definitions. As used in this title, unless the context or subject matter otherwise requires: "Agricultural property" means platted or unplatted lands used for raising agricultural crops or grazing farm animals, except lands platted and assessed as agricultural pro. perty prior to March 30, 1981, shall continue to be assessed as agricultural property until put to a use other than raising agricultural crops or grazing farm animals. The time limitations contained in this section may not be construed to prevent property that was assessed, as other than agricultural property from being assessed as agricultural property if the property otherwise qualifies under this subsection. Property platted on or after March 30, 1981, is not agricultural property when anyfour of the following conditions exist: a. The land is platted by the owner. b. Public improvements including sewer, water, or streets are in place. - c. ' ToPsoil is removed or topography is disturbed to the extent that the property cannot be used to raise crops or graze farm animals. d. Property is zoned other than agricUltural. eo Property has assumed an urban atmosphere because of adjacent residential or commercial development on three or more sides. The parcel is less than ten acres [4.05 hectares] and not contiguous to agricultura! property.. The property sells for more than four times the county average true and full agricultural value. "Air carrier transportation property" means the operative property of each airline whose property is assessed for taxation purposes pursuant to chapters 57-06 and 57-32. 3. "Assessed valuation" means fifty percent of the true and full value of property. 4. "Centrally assessed property" means all property except railroad operating property, which is assessed by the state board of equalization pursuant to chapters 57-06 and 57-32. "Commercial property" means .all property, or portions of property, not included in the classes of property defined in subsections 1,4, 11, and 12. "Credits" means and includes every claim and demand for money or other valuable thing, and every annuity or sum of money receivable at stated periods, due or to become due, and all claims and demands secured by deeds or mortgages, due or to become due. o "Governing body" means a board of county commissioners, city council, board of city commissioners, school board, or board of education, or the similarly constituted and acting board of any other municipality. o "Money" or "moneys" means gold and silver coin, treasury notes, bank notes, and every deposit which any person owning the same or holding in trust and residing in this state is entitled to withdraw as money or on demand. "Municipality" or "taxing district" means a county, city, township, school district, water conservation and flood control district, Garrison diversion conservancy district, coun~ park 29