Form CU-12 Summary of Forest Stewardship Plan for Current Use Assessment - New Hampshire

What Is Form CU-12?

This is a legal form that was released by the New Hampshire Department of Revenue Administration - a government authority operating within New Hampshire. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CU-12?A: Form CU-12 is a Summary of Forest Stewardship Plan for Current Use Assessment.

Q: What is Current Use Assessment?A: Current Use Assessment is a property tax program in New Hampshire that provides reduced property tax rates for certain designated land uses.

Q: What is the purpose of Form CU-12?A: The purpose of Form CU-12 is to summarize the Forest Stewardship Plan for properties enrolled in the Current Use Assessment program.

Q: What is a Forest Stewardship Plan?A: A Forest Stewardship Plan is a document that outlines the management practices and objectives for a forested property.

Q: Who needs to complete Form CU-12?A: Property owners enrolled in the Current Use Assessment program who have a Forest Stewardship Plan are required to complete Form CU-12.

Q: What information is included in Form CU-12?A: Form CU-12 includes information such as property identification details, forest management objectives, timber harvesting history, and future management plans.

Q: Is there a deadline for submitting Form CU-12?A: Yes, Form CU-12 must be submitted to the assessing officials in the town or city where the property is located on or before April 15th of each year.

Q: What happens if I don't submit Form CU-12?A: Failure to submit Form CU-12 may result in the loss of current use tax status and the property being assessed at its fair market value for property tax purposes.

Q: Can I make changes to my Forest Stewardship Plan after submitting Form CU-12?A: Yes, property owners can make changes to their Forest Stewardship Plan, but they must submit an updated Form CU-12 to reflect the changes.