New Hampshire Code of Administrative Rules
Cub - Chairman, Current Use Board
Chapter Cub 300 - CRITERIA FOR OPEN SPACE CURRENT USE ASSESSMENT
Part Cub 308 - ASSESSING THE LAND USE CHANGE TAX
Section Cub 308.02 - Assessing Full and True Value
Universal Citation: NH Admin Rules Cub 308.02
Current through Register No. 52, December 26, 2024
(a) For purposes of this section, the full and true value of the land, as referenced in RSA 79-A:7 shall be based on the highest and best use of the land as of:
(1) The date the actual physical change was
begun; or
(2) The date on which the
parcel no longer qualifies for current use assessment due to size.
(b) The full and true value of the land being disqualified pursuant to RSA 79-A:7 shall be based upon the highest and best use of the land, and include:
(1) The value of all betterments to the land;
and
(2) The value of all earthen
materials in the case of a legal excavation site pursuant to
Cub
308.03(f) below.
#5343, eff 3-05-92 (See Revision Note at chapter heading for Cub 300); amd by #6479, eff 3-29-97; ss by #6720, eff 3-27-98; ss by #8571, eff 2-18-06 (from Cub 308.01 )
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