1.3.1.7. Assessed Value and Annual Tax Load. The appraiser must collect all information related to the current assessment and dollar amount of real estate taxes. If assessed value is statutorily a percentage of market value, determine the percentage. If the property is not assessed or taxed, the appraiser should collect all necessary information to support an estimate of the assessment and the tax rate to support an estimate of the dollar amount of tax. In some jurisdictions, certain types of property may be assessed based on current use rather than highest and best use. These programs often relate to farmlands, timberlands, and open space; to be eligible, owners may have to agree to leave the property in its existing use for a certain period of time.43 In such situations, the appraiser should collect the data necessary to support both the current assessed value and taxes for the property’s existing use and the estimated assessed value and tax load for the property at its highest and best use.