Property owners who feel their real estate assessment is unfairly high may apply for an abatement, or reduction, of their assessment. Under State law, municipalities may abate taxes and interest accrued on such tax “for good cause shown." (RSA 76:16) “Good cause,” is generally established by showing an error in the assessed value, a disproportionate assessment, or other grounds.
Abatement applications are accepted by the Selectboard Office following issuance of the final tax bill of the year. Applications must be received by Selectboard Office on or before March 1 of the same tax year. There is no application fee.
Applying for an abatement does not stay the collection of taxes. If the Selectboard grants an abatement, the taxpayer will receive a refund with interest.
The Town has until July 1 to grant or deny the application.
If not satisfied with the results, the taxpayer may file an appeal with the Board of Tax and Land Appeals or Superior Court no later than September 1 following notice of tax.