Property Valuation
Maine's 'Tree Growth Tax Law' affects appraisal because land enrolled in the program:
AHas a higher appraised value due to lower taxes
BHas a 'withdrawal penalty' that can affect the net proceeds from sale✓ Correct
CIs exempt from all property taxes
DMust be sold to the state upon withdrawal
Explanation
When land is withdrawn from Maine's Tree Growth program (removed from current use taxation), a withdrawal penalty (back taxes plus interest) applies. This penalty can significantly affect the value or net proceeds from a sale of enrolled land.
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