[Adopted 3-10-1998 OTE by Art. 2; amended in its entirety 3-9-2004 Second Session by Art. 45]
[Amended 3-13-2007 ATM by Art. 25]
The Town adopts an exemption from property tax for the totally and permanently disabled. The exemption, based on assessed value, for qualified taxpayers shall be $100,000.
To qualify, a person must have been a New Hampshire resident for at least five years and own and occupy the real estate individually or jointly or, if the real estate is owned by a spouse, they must have been married for at least five years. In addition, the taxpayer must have a net income of not more than $27,000 or, if married, a combined net income of not more than $38,000, and own assets not in excess of $70,000 excluding the value of the person's residence.