If you decide to apply for agricultural classification on your homestead property, you will be limiting your homestead land, thereby reducing your portability should you decide to sell your home and take your accrued Save Our Homes benefit with you. The land used for the commercial agricultural operation is excluded from the Homestead Exemption and other assessment limitations including the Save Our Homes Benefit (Portability).Įach year, the amount of the Save Our Homes Benefit (Portability) that you have accrued is shown on your Notice of Proposed Property Taxes. By applying for Agricultural Classification on homesteaded property, you certify that some of the land is used primarily for commercial agriculture. The portion of land and any buildings that are primarily used for your residence is considered your homestead and will be assessed separately (at minimum is generally one acre). You may qualify for Homestead Exemption and Agricultural Classification on your property. Conservation Exemption & Classification.First Responder & Disabled Veterans Exemption.
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