New Hampshire Revised Statutes 371:2-b – Appraisal Required
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Terms Used In New Hampshire Revised Statutes 371:2-b
- Appraisal: A determination of property value.
A public utility shall have an impartial, qualified appraiser make at least one appraisal of any property proposed to be acquired by eminent domain. The owner shall have a reasonable opportunity to have the property appraised by an independent, qualified appraiser, selected by the owner. The public utility shall reimburse the owner the usual and customary cost of the appraisal up to $1,500 for each property.