The purpose of this anatomy is to accommodate advice pertaining to your acreage of absorption and its accord in the Public Benefit Rating System (PBRS) and/or Timber acreage (TL) program, administered by the Department of Natural Resources and Parks. It additionally provides a brief, all-encompassing analysis account for abeyant buyers of acreage in PBRS or TL to advice with the alteration of ownership.
After accepting all appropriate documentation, the Department of Assessments is accustomed up to fifteen (15) canicule to actuate whether the acreage should abide in its classified cachet or whether the acreage should be removed from allocation as of the date of conveyance (per WAC 458-30-275(3)(a) ). Analysis and approval by PBRS/TL agents is allotment of the all-important affidavit for the Department of Assessments. This analysis includes appraisal of the property’s book and through use of accepted aeriform photography to ensure affairs compliance. Depending on book analysis and/or aeriform photo findings, a armpit appointment to the acreage may be needed.
If the acreage or allocation accommodating in PBRS or TL is not in compliance, compensating tax (recent 7 years savings, interest, and possibly a 20% penalty) may be due based on the allocation removed from PBRS or TL.
Actions bare during sales process:
For questions about PBRS and Timber acreage Program, amuse acquaintance Megan Kim, Project/Program Manager, WLRD Accepted Use Taxation.
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