Property Ownership
NH's Current Use taxation penalty (land use change tax) is triggered when:
AThe property is sold to a family member
BLand enrolled in Current Use is developed or withdrawn from the program✓ Correct
CThe owner moves out of state
DProperty taxes are paid late
Explanation
When land enrolled in NH's Current Use program is developed or withdrawn, a land use change tax (LUCT) is imposed — typically 10% of the full market value of the changed land — to recapture the tax benefit received.
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