This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.
RSA 479-A:21 · Separate Taxation
479-A:21 Separate Taxation. –
Copy linkEach unit and its percentage of undivided interest in the common areas and facilities shall be deemed to be a parcel and shall be subject to separate assessment and taxation by each assessing unit and special district for all types of taxes authorized by law, including, but not limited to, special ad valorem levies and special assessments. Neither the building, the property, nor any of the common areas and facilities shall be deemed to be a parcel.
Copy linkIn the event the land or the building, including common areas and facilities, is separately owned and leased to the unit owner for a period of not less than 30 years and such lease, duly recorded, provides that the lessee shall pay all such taxes, such unit and its percentage of undivided interest in the common areas and facilities shall be deemed to be a parcel and shall be separately assessed and taxed as aforesaid. Source. 1965, 155:1. 1967, 264:4, eff. Aug. 26, 1967.
Copy linkSource note
Source. 1965, 155:1. 1967, 264:4, eff. Aug. 26, 1967.
Source history
- 1965, 155:1
- 1967, 264:4, eff. Aug. 26, 1967
Related materials
Bill relationships
-
2026 SB415
amend · effective 2027-11-01
; General Principles; Application. Amend RSA 356-B:2, III to read as follows: III. Notwithstanding the provisions of paragraph I, if any condominium instrument recorded under RSA 479-A prior to September 10, 1977, shall be amended after September 10, 1977, for the purpose of creating 10 or more additional units in any such condominium project, this subdivision, General Principles, and subdivision IV,