It does not affect the title to your property, as that is a private property and legal issue. Changes in ownership are continually being done for the current tax year, until we are cut-off sometime in August to print tax bills. If you purchase property and the deed is recorded after the deadline, the tax bill will be sent to the prior owner. You can get information about payment of taxes in these situations from the Treasurer's Office. The Arizona legislature has determined that agricultural land will not be valued using a market sales standard.
Agricultural land has a special valuation methodology.
It is very important that only land meeting the statutory requirements be given agricultural status. The criteria for a property being given agricultural status are based upon use of the property for agricultural purposes. Ownership alone does not qualify property for agricultural status. Application for agricultural status must be made to the county assessor. You will be required to provide lease information annually.