Property Bureau
The Property Bureau monitors revaluations, reviews municipal assessing records for compliance with applicable laws and rules and determines the total equalized valuation of properties in each NH municipality.
The Department is responsible for the oversight of revaluations and monitoring of assessing work. Property Bureau appraisers monitor contract compliance and data collection field work and review for USPAP compliance. Related information includes a list of appraisal companies, certified assessing personnel, and sample contract templates for assessing related work.
The Department is responsible for the review of municipal assessing records at least once every five years to determine the degree in which each municipality achieves substantial compliance with applicable statutes and rules. Assessment Review is conducted using standards established by the Assessing Standards Board.
The Department is responsible for determining the total equalized valuation of property in every municipality in the state by conducting annual sales assessment ratio studies to ensure common property tax burdens are apportioned fairly and equitable among taxpayers.
The Department compiles information received from municipalities annually and reports on the various exemptions and tax credits offered and granted in each town and city. Related information includes applicable statutes and rules, qualification criteria for the various exemptions and tax credits and sample documents for municipalities.
