In the state of New Hampshire, both the buyer and seller pay Real Estate Transfer Tax, or RETT. This transfer tax is required for most typical transactions when the ownership of a property is transferred to the new owner. The current tax amount is $0.75 for every $100 of the sale price of the property. Both the buyer and the … Read the rest
Archives for April 2022
The Importance of Confirming Boundary Lines Before Purchasing Property
Have you been searching for that perfect home or piece of property? If you said yes, we are sure you have numerous questions going through your head right now. You may be missing a key component as you check out each property. One of the biggest mistakes we see people make is forgetting to confirm the boundary lines for any … Read the rest
Historic Building Designations in New Hampshire
Historical events and the state of New Hampshire seem to go hand in hand. This state was one of the original thirteen colonies. So much history has been created in NH, including the state being one of the first to establish a state constitution. A few of the more prominent events in New Hampshire include the American Revolution, the patent … Read the rest
What You Should Know About Emergency Lanes in NH
Normally, an emergency lane of a road is the small lane outside of the outer lane. Emergency lanes are usually not that wide. This is why many people refer to those lanes as the shoulder of the road. However, in the state of New Hampshire, actual roads can be designated as emergency lanes if the situation is warranted. So, what … Read the rest