Broker's Title & Closing

  Introduction: As we embrace the arrival of December, not only does the holiday season beckon, but so do New Hampshire's tax bills. It's that time of the year again, and in the Granite State, we like to infuse a touch of excitement into our tax season, making it a tad confusing for sellers and buyers alike. In this blog post, we aim to demystify the intricacies of New Hampshire's tax periods and prorations, shedding light on a subject that often causes confusion at the closing table. Understanding Tax Periods in the Granite State: In New Hampshire, property taxes follow a semi-annual schedule in most areas, with a few exceptions like Concord, New London, and Claremont, where they are billed quarterly. For the majority, the semi-annual tax bills are issued in July and December. Let's break down how these bills work: Six-Month Coverage: Each bill covers a six-month period, encompassing three months in arrears and three months in advance. With the December tax bill (and ...