- (a) An applicant shall not be entitled to an elderly exemption pursuant to RSA 72:39-b unless the applicant meets all the eligibility requirements of this part.
- (b) The municipal assessing officials shall grant an elderly exemption to an entitled applicant in an amount adopted by the municipality in accordance with RSA 72:39-b and prorated, if applicable in accordance with RSA 72:41.
- (c) The elderly exemption shall be deducted from the assessed value of an entitled applicant’s residential real estate.
Source. (See Revision Note at chapter heading for Rev 400) #9309, eff 10-30-08; ss by #12027, eff 10-28-16; renumbered by #12925 (formerly Rev 408.01); ss by #13943-B, eff 4-27-24