Inundated Agricultural Land- Property Tax Exemption

• Land must be classified as agricultural
• Must be ten contiguous acres or more
• Value of the inundated land must exceed 10% of the average agricultural value of noncropland for the county
• Land is inundated to an extent making it unsuitable for growing crops or grazing farm animals for two consecutive growing seasons or more where:
  • Revenue produced from any source in the prior year is less than the county average revenue per acre of noncropland, and
  • The owner has granted or shall grant a permanent easement to the United States of America, its instrumentalities, or agencies, for the purpose of constructing, maintaining, and operating water or wildlife conservation projects, and all lands upon which the owner thereof has granted or hereafter shall grant an easement for a highway or road right of way to the United States, its instrumentalities or agencies, or to the state or its political subdivisions

The board of county commissioners is authorized and directed to remove from the tax rolls and to declare as exempt from taxation all inundated lands meeting the qualifications under this section.

File an application with the township assessor or the county director of tax equalization by March 31^st of each year for which the classification is claimed.

Once approved, the inundated lands are removed from the time construction of the water or wildlife conservation projects or highway thereon is completed. The inundated lands remain exempt until the water or wildlife conservation projects or highway is abandoned.

N.D.C.C. §57-02-10