Preferential assessment is a reduction in the gross taxable value of property. Preferential assessment is based on existing use and/or specific property type, and has certain eligibility requirements. Each preferential assessment has a specific filing deadline in which to file an application. The filing deadline is given in each of the preferential types. There are four types of preferential assessment which are:

• Conservation Use, Forest Land Protection, and Residential Transitional Property
  
  
  • Conservation Use Preferential Assessment
     
  • Forest Land Protection Preferential Assessment
     
  • Residential Transitional Property Preferential Assessment.
    
    
• Preferential Assessment for Agricultural property.
   
• Rehabilitated Historical property.
   
• Landmark Historic property. (Not applicable in Chatham County)