Nebraska Revised Statutes Chapter 77. Revenue and Taxation § 77-1343. Agricultural or horticultural land; terms, defined

(1)Agricultural or horticultural land means that land as defined in section 77-1359;

(2)Applicant means an owner or lessee;

(3)Lessee means a person leasing agricultural or horticultural land from a state or governmental subdivision which is an owner that is subject to taxation under section 77-202.11;

(4)Owner means an owner of record of agricultural or horticultural land or the purchaser of agricultural or horticultural land under a contract for sale; and

(5)Special valuation means the value that the land would have for agricultural or horticultural purposes or uses without regard to the actual value the land would have for other purposes or uses.