New Hampshire Contract For Land Related Services

State:
Multi-State
Control #:
US-OG-438
Format:
Word; 
Rich Text
Instant download

Description

The Contract For Land Related Services form, agreement is entered into by the parties shown on the execution page of this agreement, the parties are referred to as the Company and the Contractor. By the agreement, company engages the services of a contractor as an independent contract landman on terms and conditions.

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FAQ

GETTING OUT OF CURRENT USE There is no buy-out provision. Once the land is accepted, it is in forever and the status is passed to subsequent owners. Owner must physically change the use of the land to a non-qualifying use, or through sale or other disposal means, create a parcel less than 10 acres.

Current use is the means for encouraging the preservation of open space and conserving the land, water, forest, agricultural, and wildlife resources. Property owners with 10 or more acres of land, which are left in their natural state may apply.

1. The land use change tax is ?10% of the full and true value? of the land that no longer qualifies for current use (RSA 79-A:7). The 10% land use change tax is not based upon the amount of taxes saved over the years in which the property was in current use.

Current use is the means for encouraging the preservation of open space and conserving the land, water, forest, agricultural, and wildlife resources. Property owners with 10 or more acres of land, which are left in their natural state may apply.

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New Hampshire Contract For Land Related Services