The state of New Hampshire encourages the preservation of wide, open space that provides an attractive outdoor environment for work and recreation. It’s in New Hampshire’s best interest to maintain the character of the states landscape, while conserving the land, water, forest, agriculture and wildlife resources. To prevent the loss of open space due to high current tax rates, NH has developed a Current Use value which assesses open land based upon the income providing capability and not its Real Estate market value. This valuation is determined by the assessor in accordance with the range of value established by the Current Use board and based on the class, type, grade and location of the land.

There are many rules and regulations involved. Understanding all its finer points is very difficult, however, in short the Current Use law has helped preserve New Hampshire’s beauty and maintain its status as “one of the most livable states in the country” by allowing owner’s of large property to afford the land they own.

Stay tuned for more information to help you understand “Current Use” and how it applies.