Forestland means land that is part of a forest unit that is actively engaged in the commercial growing of trees under a sound management program. Forestland includes wasteland that is part of the forest unit, but the wasteland included in the unit shall be appraised under the use value schedules as wasteland.
They may consist of more than one tract of forestland, but at least one of the tracts must meet the requirements and each tract must be under a sound management program.
- At least one tract must consist of at least 20 acres that are in actual production and are not included in a farm unit.
- If individually owned, the property must be the owner's residence or have been owned by the current owner or a relative of the current owner for four years preceding January 1 of the year in which the benefit is claimed.