Buying Land in Denton County, Does Ag Exemption Transfer to the New Owner YouTube Video VVVYV29PMkUtREY0LXR3TWY1Rm42MXNRLlFld1ZsTFk2Ync0 Buying Land in Denton County, Does Ag Exemption Transfer to the New Owner ripcordwes Thinking about buying land in Denton County and wondering if the ag exemption transfers to you? This is one of the biggest misconceptions I see with acreage buyers. When a property sells, a new deed is recorded - but that doesn't mean the ag valuation automatically transfers with it. The county is not looking at ownership… they're looking at how the land is being used. In this video, I break down: what happens when a property changes ownership how the 1-d-1 ag application works the 3 times you'll deal with that form the 5 out of 7 year history requirement what actually counts as agricultural use in Denton County how the county verifies ag use (including aerial imagery and inspections) how leasing your land can help you qualify If you're buying acreage, ranchettes, or land in Denton County, understanding this before you close can save you from major surprises. Because if the ag valuation doesn't continue… you could be looking at rollback taxes. 👉 In the next video, I break down rollback taxes and how they're calculated. If you're looking at a property and want help thinking through financing and strategy before you make an offer, reach out - I'd be happy to help you build a game plan. Wes Gregg North Texas Mortgage Broker Denton County / DFW 00:00 Biggest mistake buyers make 00:20 What happens when a property sells 00:40 Why ag valuation doesn't transfer automatically 01:00 The 1-d-1 application explained 01:30 The 3 times 1-d-1 is used 01:55 What the county is really looking for (production) 02:20 The 5 out of 7 year history rule 02:45 City limits rule (5 out of 5 years) 03:05 What counts as ag use in Denton County 03:25 Understanding intensity requirements 03:45 Leasing your land for ag use 04:10 How Denton County verifies ag use 04:45 What to do before you buy 05:20 Be prepared for pushback 05:50 The risk of rollback taxes 06:15 Next video: rollback taxes explained Wes Gregg Senior Mortgage Broker Click to Call or Text: (817) 781-9392