There are numerous common value issues that can be raised on appeal:
- Comparable listings or sales
- Existing zoning
- Functional or External Obsolescence
- Loss of visibility or signage
- Land with out-sized demolition or grading costs
- Floodplain
- Environmental issues
- External Nuisances-Public or Private
- Land improvement defects
This is a short version, there are many more issues.
Tax Abatements for Assessors
We can help assessors with appraising commercial properties. Our team members include former assessors from New Hampshire and Maine, so we really understand the challenges of your job.
Tax Abatements for Property Owners
The New Hampshire Tax Abatement Process
In New Hampshire, the Department of Revenue Administration establishes an equalization ratio on an annual basis. To calculate what the municipality claims the property is worth in a given tax year, divide the total assessed value by the equalization ratio. Assessments are set on April 1 of each year, and appeals must be filed by March 1 of the following year.
Dates and procedures may vary from State to State.
There is no guarantee in the outcome of the tax abatement appeal, however, our firm only engages in cases that we are confident the outcome will be satisfactory to the client.
Remember that assessments are based on fee simple value, not on leased fee value.
Timeline:
- April 1 Assessments are set
- March 1 Deadline for filing your appeal
- July 1 Municipality must respond if they are accepting your appeal
- September 1 Deadline for you to file with BTLA or Superior Court
