Which Basic Property Class Code applies to properties primarily used for timber production?

The Basic Property Class Code that applies to properties primarily used for timber production is designated as "Forest." This classification is specifically tailored for land that is predominantly utilized for growing and harvesting timber. It encompasses various types of forested land, including those that are actively managed for timber and those that are in a natural state.

Understanding the significance of this classification is key for property appraisers, as it affects both property valuation and tax assessments. Properties classified under the Forest category may benefit from special tax considerations or exemptions that recognize the economic and environmental importance of timber production.

In contrast, other classifications such as Multi-Family, Commercial, and Industrial are intended for different types of property use, which do not align with the primary purpose of timber production. Multi-Family properties are primarily residential and cater to housing multiple families, while Commercial properties deal with business operations, including retail or services. Industrial properties are focused on manufacturing or production activities, which are distinct from land specifically managed for forestry purposes. Thus, the unique qualities of Forest properties justify their separate classification within property appraisal systems.