The "In Law" Law Change in NH

[Oliver Salmon]

Hello All,

I was wondering if anyone has thoughts/opinions on the new accessory dwelling unit law in New Hampshire (RSA 674:71 through RSA 674:73) and its implications on renting in NH? Specifically, the law includes provisions saying a town/city can not stop any accessory dwelling/in law suite already in a home (that was legally put into that home) from being rented as a separate unit, as of June of this year when the law takes effect.  Unless I am reading this wrong, it seems that any single family home with an in law suite automatically becomes a duplex from a landlord perspective (and I suppose fix and flippers may find it easier to create a duplex from a single family home).

I was wondering if anyone thought this is a "big deal" that changes how they would approach real estate investing in NH (making some single family homes a more logical financial investment?) or if they feel this would not come up very much.  I myself will be closing on my new home in NH soon, which has an "accessory dwelling" that I plan on renting, but have not decided if this is the type of thing to really look out for in future properties or more of a mild convenience.

See this link for the NH government site on the new law: https://www.nh.gov/oep/planning/resources/accessor....  Just to clarify, I am no lawyer so I very well may be interpreting this law wrong in some way, shape, or form.