Arizona § 42-13101 - Valuation of agricultural land
Full text of Arizona Arizona Revised Statutes § 42-13101 — Valuation of agricultural land, with citation guidance and answers to common questions.
§ 42-13101. Valuation of agricultural land
A. Land that is used for agricultural purposes shall be valued using only the income approach to value without any allowance for urban or market influences.
B. The income of agricultural property shall be determined using the capitalized average annual net cash rental of the property. For purposes of this subsection the average annual net cash rental of the property:
1. Is the average of the annual net cash rental, excluding real estate and sales taxes, determined through an analysis of typical arm's length rental agreements collected for a five year period before the year for which the valuation is being determined for comparable agricultural land used for agricultural purposes and located in the vicinity, if practicable, of the property being valued.
2. Shall be capitalized at a rate 1.5 percentage points higher than the average long-term annual effective interest rate for all new farm credit services loans for the five year period before the year for which the valuation is being determined.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 42-13101
What does Arizona Revised Statutes § 42-13101 cover?
Section 42-13101 ("Valuation of agricultural land") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 42-13101?
A common citation format is "Arizona Revised Statutes § 42-13101" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 42-13101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.