Mortgage foreclosure surplus

N.H. Rev. Stat. § 479:25 sets power-of-sale foreclosure procedure. The mortgagee’s duty to account for surplus and the former owner’s entitlement, subject to junior interests, arise from the mortgage and New Hampshire case law; § 479:25 is not a dedicated surplus-distribution statute. Section 479:25 sets no fixed post-sale owner surplus application cutoff. Its one-year-and-one-day limit on certain challenges to notice or conduct of sale concerns sale validity, not a general surplus claim.

Tax sale surplus

N.H. Rev. Stat. §§ 80:88–80:90 govern excess proceeds when a municipality sells tax-deeded property. Section 80:88 requires court interpleader and deposit unless the only entitled owner or joint owners can readily be paid directly. The municipality must file interpleader within 60 days after settlement of its sale (§ 80:88); that is not an owner claim deadline. The superior court sets notice and claim procedures. The tax-lien redemption period is separate.

Unclaimed funds

New Hampshire unclaimed-property law, N.H. Rev. Stat. ch. 471-C; § 471-C:26 governs filing owner claims with the State Treasurer. Section 471-C:26 does not set a fixed general initial owner-claim cutoff. Subsequent review or appeal periods are distinct from the time to start a claim.

Statute text

Links to the statutes referenced in our research. These may be third-party copies of older code editions, so check the current official code before relying on them.

• Tax sale surplus statute
• Mortgage foreclosure statute