What is the rollback on Tennessee Greenbelt land?
The Agricultural, Forest and Open Space Land Act of 1976 — everyone calls it Greenbelt — taxes qualifying land on present use rather than market value, at Tenn. Code Ann. §§ 67-5-1001 through 67-5-1012. Agricultural and forest classifications generally require at least fifteen acres, and no owner may enroll more than 1,500 acres in one county. When enrolled land converts to an ineligible use, § 67-5-1008 recaptures the taxes saved: the three preceding years for agricultural and forest land, five for open space. Absent a contrary term in the contract, the seller carries that rollback.