New Hampshire Revised Statutes 124-A:6 – Expenses Incidental to the Transfer of Property
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In addition to amounts otherwise authorized by N.H. Rev. Stat. § 124-A:3, I(c), the acquiring agency shall reimburse the owner of real property acquired for a project for reasonable and necessary expenses incurred for:
I. Recording fees, transfer taxes and similar expenses incidental to conveying such property;
II. Penalty costs for prepayment of any mortgage entered into in good faith encumbering such real property if such mortgage is on record or has been filed for record as provided by law on the date the acquiring agency approves the location of such project; and:
III. The pro rata portion of real property taxes paid which are allocable to a period after the date title vests in the state agency or the effective date of the possession of such real property by the acquiring agency, whichever is earlier.
I. Recording fees, transfer taxes and similar expenses incidental to conveying such property;
Terms Used In New Hampshire Revised Statutes 124-A:6
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. Penalty costs for prepayment of any mortgage entered into in good faith encumbering such real property if such mortgage is on record or has been filed for record as provided by law on the date the acquiring agency approves the location of such project; and:
III. The pro rata portion of real property taxes paid which are allocable to a period after the date title vests in the state agency or the effective date of the possession of such real property by the acquiring agency, whichever is earlier.