New Hampshire Code of Administrative Rules
Rev - Department of Revenue Administration
Chapter Rev 600 - PROPERTY ASSESSMENT
Part Rev 603 - REVALUATION CONTRACT REQUIREMENTS
Section Rev 603.03 - Full Statistical Revaluation Contract Services
Universal Citation: NH Admin Rules Rev 603.03
Current through Register No. 12, March 21, 2024
For a full statistical revaluation contract the following services shall be performed and provided by the contractor:
(a) Property data shall be collected and inspected as follows:
(1) All qualified land
sales, and any attributes that may affect the market value shall be listed
accurately, which may include, but not be limited to:
a. Number of acres;
b. Road frontage;
c. Water frontage;
d. Water access;
e. Views;
f. Topography;
g. Access;
h. Neighborhood;
i. Betterments;
j. Approvals;
k. Easements;
l. Deeded restrictions; and
m. Other factors that might affect the market
value;
(2) All qualified
improved sales, principal building(s), and any appurtenant building(s), or
other improvement(s) shall be accurately measured and listed to account for the
specific elements and details of construction that may affect the market value,
which may include, but not be limited to:
a.
The quality of construction;
b. The
approximate age of the structure;
c. Depreciation factors;
d. Foundation type;
e. Basement area;
f. Insulation;
g. Roofing;
h. Exterior cover;
i. Flooring;
j. Interior finish;
k. Fireplaces;
l. Heating and air conditioning
systems;
m. Solar
collectors;
n. Plumbing and
plumbing fixtures;
o. Electric
service;
p. Story height;
q. The total number of rooms;
r. The total number of bathrooms;
s. The total number of bedrooms;
t. Sprinkler systems;
u. Elevators; and
v. Any other features, attributes, or factors
that might affect market value;
(3) The contractor shall provide in the
contract the employee protocol and procedure for inspection of the property as
detailed in (9) below;
(4) When
entrance to a building or a parcel of land cannot be obtained as detailed in
(9) below, the contractor shall make:
a. A
note of the date of the visit to the property; and
b. A notation of the reason the inspection of
the property could not be obtained as detailed in (9) below;
(5) All full statistical
revaluation contracts shall provide the procedure for inspection, call backs,
and notification;
(6) For a BTLA
ordered full statistical revaluation, the contractor shall make an attempt to
inspect the property, unless prohibited pursuant to (9) below, and if the
attempt is unsuccessful, the contractor shall:
a. Make a note of the date of the visit to
the property;
b. Leave a
notification card at the property requesting that the property owner call the
contractor's designee, within a stated time frame as agreed upon by the
municipal assessing officials and the contractor, to arrange for an interior
inspection; or
c. Send a letter to
the property owner requesting that the property owner call the contractor's
designee, within a stated time frame as agreed upon by the municipal assessing
officials and the contractor, to arrange for an interior inspection;
and
d. Notify the municipal
assessing officials that the property was not accessed and that the contractor
has not been contacted by the property owner or occupant, within the prescribed
time frame;
(7) For a
BTLA ordered full statistical revaluation, the municipal assessing officials,
when notified by the contractor pursuant to (d) above:
a. May attempt to make arrangements with the
owner or occupant for an interior inspection of the property; and
b. Shall notify the contractor within 10
working days of whether or not inspection arrangements were made;
(8) If the contractor or the
municipal assessing officials are not able to arrange for an interior
inspection, the contractor shall:
a. Estimate
the value of the improvements using the best evidence available; and
b. Annotate the property record card
accordingly; and
(9) The
contractor shall complete interior inspection of all properties except:
a. Vacant or unoccupied structures;
b. Where multiple attempts for inspection
have been made without success and the owner or occupant has not responded to
the contractor or the municipal assessing officials' notifications;
c. Where postings prevent access;
d. When the owner has refused access to the
contractor or designee;
e. Unsafe
structures;
f. When inhabitants
appear impaired, dangerous or threatening; and
g. Any other reason for which the municipal
assessing officials agree that the property is inaccessible;
(b) The contractor shall provide to the municipality a complete copy of the:
(1) Field data collection card(s);
(2) Worksheet(s); and
(3) Other document(s) used in the valuation
process; and
(c) For a BTLA ordered full statistical revaluation the contractor shall provide monthly progress reports indicating the percentage of completion of the full statistical revaluation to the municipal assessing officials and the DRA; and all other contracts shall specify the reporting requirements.
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