Primary purpose must be good faith production of agricultural or timber products, environmentally sensitive, residential transitional, historical or landmark historical.
Landowners may enter up to 2,000 acres into a land use covenant, thereby dedicating the land to a specific qualifying use for a period of 10 years. While no minimum size tract is specified, uses of the property are restricted and tracts of less than 10 acres shall require "additional relevant records." Also, any event that causes the covenant to be broken will trigger a significant penalty based upon property tax savings.
Application for Conservation Use Valuation may be obtained in the Tax Assessors' Office. Upon approval of the application by the Board of Tax Assessors, there is a $12.00 charge for filing said covenant with the Clerk of Superior Court, Fayette County, GA.