“Assessment” versus “appraisal.” A tax is assessed by selectmen or assessors in accordance with their appraisal of the property. Appraisal determines value; assessment determines the amount of the tax.
Intangibles. Only a taxable interest in real estate may be used in valuing real estate. A license to use certain common amenities in a mobile park is not, for example, … Read the rest
The New Hampshire Supreme Court recently addressed this thorny issue by ruling that parties who enjoy the benefit of a private road may be required to contribute toward the road’s maintenance, even in the absence of covenants imposing that obligations.
Village Green Condominium Association v. Hodges (March 20, 2015) involved an access easement benefitting three apartment complexes that ran through … Read the rest
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. Second, it addressed the thorny question of whether parties benefiting from an access easement may be obligated to contribute toward its maintenance.
Extending an Easement to Adjoining, After-Acquired … Read the rest
In New Hampshire, decisions during periods of incapacity or at the end of life are governed by the Advanced Directive, consisting of a Living Will and a Power of Attorney for Health Care. The Advanced Directive creates an “agency relationship” between the principal (the person executing the estate plan) and the agent (the designated person who will act on behalf … Read the rest
