Market Value. Real estate must be valued at “market value,” and market value means “the property’s full and true value as the same would be appraised in payment of a just debt due from a solvent debtor.” RSA 75:1.
Arms-length transaction. An arm’s-length transaction is a transaction freely arrived at in the open market, unaffected by abnormal pressure … Read the rest
Originally published in New Hampshire Bar Association News – May 20, 2015 By: Paul Alfano and Elizabeth Nolin
Practice Pointers Drawn from Recent NH Supreme Court Decisions
The New Hampshire Supreme Court weighed in recently on two important areas concerning easements. First, it clarified that use of an access easements may be extended to benefit an adjoining, after-acquired parcel. … Read the rest