ORDINANCE O-19-063
(4) Owned by a resident, or the resident’s spouse, either of whom meets the
age requirement for the exemption claimed, and when they have been
married to each other for at least 5 consecutive years.
Cc. Upon the death of an owner residing with a spouse pursuant to subparagraph B(2)
or B(4), the combined net asset amount for married persons shall continue to
apply to the surviving spouse for the purpose of the exemption granted under
§295-3 until the sale or transfer of the property by the surviving spouse or until
the remarriage of the surviving spouse.
D. No exemption shall be allowed if the resident appl ving therefor has, within the
preceding 5 years, received transfer of the real estate from a person under the age
of 65 related to him or her by blood or marriage.
E. If any entitled person or persons shall own a fractional interest in residential real
estate, each such entitled person shall be granted exemption in proportion to his or
her interest therein with other persons so entitled, but in no case shall the total
exemption to all persons so entitled exceed the amount provided in § 295-3.
§ 295-6. Effective date.
The revised exemption set forth herein shall become effectivetenuary+ 1098 January 1,
2020 and will apply to the tax years beginning April 1.2020.”
2, In Article IV “Tax Credit for Disabled”:
Ҥ 295-8. FaxeExemption for the disabled.
The City of Nashua hereby adopts the provisions of New Hampshire Revised Statutes
Annotated 72:37-b, as they may be amended from time to time, relative to exemption for
the disabled. The optional exemption, based on assessed value, for qualified taxpayers,
shall be as follows:
A. Any person who is eligible under Title I] or Title XVI of the federal Social
Security Act for benefits to the disabled shall receive a yearly exemption in the
amount of $194,000,
