Alfano and Nolin Tax Abatement Presentation On October 28, 2016, Alfano Law Office attorneys, Paul Alfano and Liz Nolin, spoke to a group of commercial real estate brokers about property tax abatements. The seminar was presented by NHCIBOR and covered the following topics: Fair market value versus assessed value The grounds for an … [Read more...]
Archives for 2016
October 2016 Extension of deadline to reverse an involuntary lot merger
Extension of deadline to reverse an involuntary lot merger The General Court has extended the deadline for property owners to restore involuntarily merged lots to December 31, 2021. The statute works like this: if you own two or more lots, and your lots were merged by the municipality in which they are located prior to September 18, 2010 without … [Read more...]
October 2016 Accessory dwelling units; out of state brokers; lot consolidation deadline; NAPTA annual meeting
Attorneys Alfano and Nolin to Speak at CIBOR Seminar On October 28, 2016, Alfano Law Office attorneys Paul Alfano and Liz Nolin will be speaking at the CIBOR Seminar on property tax abatements in New Hampshire and surrounding New England states. With more than thirty years of experience, the Alfano Law Office team has recovered millions of … [Read more...]
September 2016 Next step in tax abatement process; reverse mortgages; annual NAPTA conference; CIBOR
So You Filed An Abatement Appeal Application... What's Next? The New Hampshire deadline for filing an appeal of a municipal property tax abatement application for the 2015 tax year was September 1, 2016. While the initial push to complete the appeal applications before the deadline is over, many of our clients wonder: what's next? While … [Read more...]
August 2016 Property Rights; Property Tax; Business/Corporate Law
Pokemon Go? Not On My Property! One of the most notable trends of 2016 thus far is undoubtedly Pokemon Go. The craze has swept the world, and smart phone users everywhere are wandering the streets looking for Pokemon. But what happens when players venture onto private property? Unfortunately for many players, property laws remain unchanged … [Read more...]
June 2016 Assemblage not permitted; two new transfer tax exemptions; Right to an appraisal; Wentworth by the Sea easement; Alfano speaks to title insurance group.
Assemblage is not permitted for assessment purposes Assessors may not "assemble" lots under current ownership for valuation purposes if the lots do not adjoin. Being connected by a private way is not sufficient. See Appeal of David H. Johnson, 161 N.H. 419 (2011). Two new transfer tax exemptions. As of this writing, HB 1656 has passed … [Read more...]
April 2016 NH Property Tax Alert- Income approach to value; Unmarried person’s interest in real estate occupied with partner; December 31 lot consolidation deadline.
Income capitalization approach to valuation Here is how the New Hampshire Supreme Court characterizes the income approach to value: The income capitalization approach measures the present value of property on the basis of the future net income the property could produce for the owner. The net income is the rent the property would generate on … [Read more...]
March 2016 NH Property Tax Alert – Did you miss the March 1 Tax Abatement Deadline?; Tax sales – not fair market; Spot assessing; Sunday laws; If you request a tax abatement, can the municipality increase your assessment?
You missed the March 1 deadline - now what? March 1 was the deadline to request an abatement of real estate taxes under RSA 76:16,I(b). The courts and BTLA have been strict in holding taxpayers to that deadline. If a proper abatement application was not filed by March 1 then the taxpayer lost the right to challenge their 2015 assessment. In … [Read more...]
January 2016 NH Property Tax Alert : March 1 tax abatement deadline; Gifts; Mortgage discharge penalty; Evictions; Amazing but true – you can’t kiss and make up
March 1, 2016 is the deadline to challenge your 2015 real estate taxes. Please keep in mind the deadline to challenge your 2015 real estate taxes is March 1, 2016. For more information on the application process, please visit our web … [Read more...]