In 2017 Dartmouth College established a five-year Value Assurance Program (“VAP”) to protect the value of Eligible Properties located in the Rennie Farm neighborhood of Hanover, New Hampshire. Due to the program’s success, the College has extended the VAP for an additional five years. The VAP is available to owners of record as of February 3, 2017 of Eligible Properties located in the Rennie Farm neighborhood. To determine whether your property is included, please see the list of Eligible Properties. If you are unable to determine if you or your property is eligible, you can contact the VAP Facilitator.
For owners of Eligible Property, if you sell your Eligible Property between February 3, 2017 and February 3, 2027, and after Reasonable Efforts believe you can satisfy the conditions set forth in the VAP Booklet demonstrating you do not receive Market Value for your property, the VAP will compensate you for the difference between Market Value and sale price. You may also be eligible for reimbursement of some of the real estate agent’s commission you paid as part of the closing.
If you have not sold your property during the term of the VAP after listing it for 180 consecutive days and following all program requirements including Reasonable Efforts, Dartmouth College will purchase your eligible property at Market Value.
The program is completely voluntary.
For full eligibility details and program requirements, please refer to the VAP Booklet.
The VAP is intended to help protect the value of Eligible properties and is not an offer to purchase Eligible Properties or any other property, nor is it an opinion of value of any Eligible Property or any other property. This website is for informational purposes only, and is not a contract or offer to enter into a contract. Specific program terms will be discussed and agreed upon only with the individual participants.
Value Assurance Program – FAQ’s
List of Approved Real Estate Agents
List of Approved Real Estate Appraisers
Property Purchase Request Form
Please submit forms and direct questions to facilitator@drm.com.