Mich. Admin. Code R. 554.750

Current through Vol. 24-22, December 15, 2024
Section R. 554.750 - Purchase of development rights or acquisition of agricultural conservation easements determination of value

Rule 50. When a development rights easement or an agricultural conservation easement is being acquired under section 36111b of the act and the land considered for acquisition is encumbered by a farmland development rights agreement under the act, enrollment in the development rights agreement shall not be used in determining the fair market value under section 36111b(4) of the act.

Mich. Admin. Code R. 554.750

2013 AACS