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The Conservation Use Value Assessment, or CUVA, is a ten-year covenant (or agreement) where a landowner pledges to maintain land in a qualifying use in exchange for property tax values based on the land's productivity, not the FMV.

The law does allow the original covenant holder to deed family members which are related to the original covenant holder, at least to the fourth degree of civil reckoning, to build a home and live on the land (up to 5 acres) currently enrolled in a CUVA covenant without penalty during the life of the original covenant.

All landowners who qualify for Conservation Use Valuation are entitled to have their land valued ing to its current use (agriculture, forestry or environmentally sensitive) instead of the Fair Market Value (FMV) for ad valorem taxation.

Certain properties, including agricultural lands, forestlands, and environmentally sensitive areas, may be eligible for reduced property tax rates through conservation use valuation assessment (CUVA).

Generally, a minimum of 10 acres is required for enrollment, but some counties have recently increased the minimum acreage to 25 acres. No more than 2,000 acres can be enrolled in CUVA by any one non-industrial, private landowner. Foreign citizens and foreign corporations are not eligible to enroll.

Section 48-5-7.4. The Georgia Revenue Commissioner has the responsibility of annually determining the values for ad valorem tax purposes of this type land and publishing rules and regulations to help county tax assessors determine the values of property that qualify for conservation use assessment.