The commissioner of which department is responsible for adoption primary drinking water standards and drinking water rules in the state of NH?
A. Dept. of Public Wells
B. Dept. of Well Protection
C. Dept. of Environmental Services
D. Dept. of Aquifers & C
C. Dept. of Environmental Services
A broker lists 45 acres of land that is in current use. A buyer purchases the land with the intent to subdivide the acreage into 26 lots. 6 months after closing, the buyer receives approval for the 26 lot subdivision and immediately the developer begins e
C. The developer incurs no tax until he or she begins excavation for the road
The purchasers have just bought a new residence situated on a beautiful hillside in the country. The house has a septic system, which was installed a the time the house was built. The purchasers would like to add 2 new bedrooms. Do the purchasers need to
B. Yes, the Purchasers must submit an application for the approval of the septic system before adding the new bedrooms
If the Dept. of Health and Human Services has lead paint test conducted in a child's dwelling and the test indicates there is lead, the dept. may issue
A. A warning of lead hazard to the owner of the building if the child is in a rented unit
B. An order o
D. An order of lead hazard reduction to the owner of the building when a build is in a rental unit.
The owner of a newly purchased residential property wishes to raise horses. There is marsh in the area where he wishes to build the barn. The owner fills in about 100 feet of marsh, but doe not touch the beaver dam which he believes caused the marshland i
B. is in violation of the law if he did not get the required permits and may be required to remove the building and the fill
Wells within how many fee of a dwelling must be covered or fenced in:
A. 150 ft
B. 250 ft.
C. 300 ft.
D. 500 ft.
D. 500 ft.
The purpose of planning and zoning in the state of NH includes all of the following EXCEPT:
A. helping to meet the demands of growing and evolving communities
B. discouraging low and moderate income housing, thereby creating higher taxes and more revenue
B. discouraging low and moderate income housing, thereby creating higher taxes and more revenue
A broker listed a water view property consisting of 6 acres and seasonal cottage situated in very remote area. Although the property is not right on the water and has no access to the water, it has a beautiful view of a very large lake about 175 feet away
A. needs to be sure that buyer signs a copy of the site assessment prior to signing the purchase an sales agreement
A NH real estate salesperson may lawfully collect compensation from
A. either buyer or seller
B. her or his sponsoring broker only
C. any party to the transaction or the party's representative
D. any licensed real estate broker
B. her or his sponsoring broker only
A broker who wishes to place a "For Sale" sign on a property must first:
A. obtain the written consent
B. selling the property
C. get written permission from the town manager
D. get permission of the neighbors
A. obtain the written consent
Every NH real estate office is required to:
A. maintain escrow account records for 5 years
B. keep transaction records for 3 years
C. display signage at the broker's home
D. employ at least one salesperson
B. keep transaction records for 3 years
A broker places an ad in the local newspaper stating an asking price of $249,000, but indicates in the ad that the seller is very motivated and the price and terms are negotiable. The owner of the property reads the advertisement and is upset because he w
D. This is a violation of fiduciary duty and implies that the owner will take less than full price
A new salesperson in the office has not been able to sign up any new listings. To bring in more business for herself, she places an ad in the classified section of the local newspaper advertising another agents listing. "Beautiful 9 room colonial, 3 full
B. It is prohibited to advertise property without indicating the name of the broker/office in the advertisement
The office manager for a local real estate firm is responsible for the following activities: coordinating the flow of paperwork through the office, preparing forms, and advertising copy, and hiring and supervising clerical personnel. The office manager is
D. Exempt from real estate licensing requirement
A housing discrimination charge must be filed with the NH Human Rights Commission within:
A. 6 months of the date of discovery
B. 180 days after the alleged discriminatory act
C. 2 years
D. 30 days
B. 180 days after the alleged
A salesperson engaged in activities that constitute violations of the NH Human Rights Act, including blockbusting and discrimination on the basis of disability. The salespersons also cashed a $25,000 earnest money check from a prospective buyer and used t
D. The salesperson's employing broker may be held liable by the NH Real Estate Commission for the actions of the salesperson.
A person who believes that he or she has been illegally discriminated against may file a complaint with the:
A. Board of REALTORS
B. Attorney General
C. NH Real Estate Commission
D. Human Rights Commission or HUD
D. Elected by real estate licensees
How are members of the NH Real Estate Commission selected?
A. By the governor
B. Public election
C. By the NH Association of REALTORS
D. Elected by real estate licensees
A. By the governor
All of the following statements regarding the NH Real Estate Commission are true EXCEPT:
A. member of the commission are selected by the state association or REALTOR
B. the commission makes and enforces the rules by with all real estate licensees must abi
A. member of the commission are selected by the state association or REALTOR
The NH Real Estate Commission has the authority to:
A. make and enforce the rules by which all real estate licensees must abide
B. compose the examination questions on the state exam
C. administer the exams given at the testing sites
D. enact the laws whi
A. make and enforce the rules by which all real estate licensees must abide
In the state of NH, the real estate license law is administered by the:
A. NH Housing Authority
B. NH Real Estate Commission
C. NH Association of REALTORS
D. Secretary of State in conjunction with the Attorney General
B. NH Real Estate Commission
In NH, which of the folioing is legal and not grounds for revoking a broker's license?
A. Being convicted of obtaining money under false pretenses
B. Advertising in a newspaper that he or she is a member of the NH Association of Real Estate Professionals
D. Agreeing with a seller to accept a listing more than the broker's usual commission rate
The NH Real Estate Commission has the power to revoke a salesperson's license if the salesperson:
A. attempts to represent a real estate broker other than his/her employer
B. attempts to represent the buyer
C. enters into an exclusive listing contract
D.
D. deposits a buyer's down payment in his/her own bank account
In NH, a broker may have his/her license suspended or revoked for all of the following EXCEPT:
A. inducing any party into a contract of sale just to break the contract and then substitute a new contract with another principal
B. depositing earnest money i
B. depositing earnest money into the firms interest bearing escrow account
The NH Real Estate Commission may undertake an investigation of a licensee based on all the following grounds EXCEPT:
A. its own initiative
B. a random selection of licensees
C. a motion from the members of the commission
D. a written complaint submitted
B. a random selection of licensees
The NH Real Estate Commission:
A. has the authority to audit broker's escrow accounts with a 30 days notice
B. may never audit a broker' escrow account
C. requires the principal broker, upon licensure, to sign a permit allowing the commission to audit
D.
C. requires the principal broker, upon licensure, to sign a permit allowing the commission to audit
For which of the following acts would a licensee be subject to disciplinary action by the NH Real Estate Commission?
A.Preserving real estate records for 7 years
B. Representing to any lender an amount in excess of the true and actual sales price
C. Depos
B. Representing to any lender an amount in excess of the true and actual sales price
3 weeks before N begins his real estate pre-licensing class, he offers to help his neighbor sell her house. The neighbor agrees to pay N a 5% commission. An offer is accepted while N is taking the class, and closes the day before N passes his exam and rec
D. No, state laws prohibit lawsuit to collect commission unless the injured party is a licensed broker and the license was in effect before the agreement was reached
Which of the following provisions is not included in the NH Real Estate Commission's rules regarding listing agreements?
A. A listing agreement must state the exact fee the broker will earn
B. A listing agreement must be accompanied by a qualified expert'
B. A listing agreement must be accompanied by a qualified expert's report of the property's condition
Which of the following statements is not true to a temporary license?
A. It is issued without an exam
B. It is issued upon application to the decedent's legal representative or one designated by legal representative
C. It is issued when a real estate brok
D. It is good for one year from the death or incapacity of the broker and is renewable thereafter in 30-day increments until all of the transactions close
An unlicensed individual who engages in the activities that require a real estate license:
A. must pay a fine up to $1000 per offense
B. could be liable to pay up to $2000 and serve one year in prison
C. is guilty of a misdemeanor
D. shall be required to
C. is guilty of a misdemeanor
A person received notification on December 1st 2000 of having passed the exam administered on November 18th 2000. What is the date on which she may apply for the salesperson license
A. Dec. 31 2000
B. May 17 2001
C. May 31 2001
D. Dec, 1 2001
B. May 17 2001
When do real estate salespersons' license expire in NH:
A. 2 years from the date of passing the exam
B. Annually on the licensee's birthday
C. 2 years from the date of issuance of the license
D. Never
C. 2 years from the date of issuance of the license
Which of the following is obligated to obtain a broker's bond?
A. Corporate broker licensees, partnership broker licensees, and individual broker licensees
B. Only resident principal broker
C. Associate, managing and principal brokers
D. Both resident and
D. Both resident and non-resident principal and managing broker
What courses are required to renew a salesperson's real estate license?
A. 3 hour core and 9 hours of electives
B. 18 hours of home study
C. Three 12 hour classes for listing, buying and ethics
D. There are no mandatory requirements
A. 3 hour core and 9 hours of electives
The purpose of the broker's bond is to:
A. protect the broker's commission in the event the client does not pay the broker
B. reimburse a consumer who is aggrieved by the broker's misappropriation of escrow funds
C. provide funds to the broker in the even
B. reimburse a consumer who is aggrieved by the broker's misappropriation of escrow funds
Which of the following statements is true concerning non-resident licensing in NH?
A. The applicant must be licensed as a broker or salesperson
B. The licensee must be licensed under a resident NH broker
C. A non-resident broker must take all of the educa
D. A non-resident licensed in NH must file an irrevocable consent and power agreement with commission
In NH, all of the following are requirements for obtaining a broker's license EXCEPT
A. having successfully completed 60 hours of approved real estate courses
B. attaining the age of majority
C. having been actively engaged as a licensed salesperson for 3
C. having been actively engaged as a licensed salesperson for 3 years
Which of the following persons are exempt from the real estate licensing requirement if engaged in real estate activities?
A. Attorneys-at-law in the performance of their duties as an attorney
B. Appraisers
C. Association, partnership, corporations
D. Rea
A. Attorneys-at-law in the performance of their duties as an attorney
A licensed resident of any state with which NH has reciprocity wishes to obtain a NH real estate license. He/she is:
A. required to pass both portions of the NH licensing exam
B. only required to take and pass the NH state portion of the exam
C. required
B. only required to take and pass the NH state portion of the exam
How many character references are required to apply for license?
A. 1
B. 2
C. 3
D. 4
C. 3
Who of the following requires a real estate license?
A. A resident manager who is a regular employee of the property owner and collects rent on behalf of a building owner
B. A company that, for a fee (Not commission), matches individuals from different pa
B. A company that, for a fee (Not commission), matches individuals from different parts of the country who want to exchange properties and then assists them in doing so
Who of the following must adhere to the provisions of the NH Real Estate License Act by first getting a real estate license?
A. A property owner who sells or leases hi.her own property
B. An individual who receives compensation for procuring prospective b
B. An individual who receives compensation for procuring prospective
In NH, who of the following needs to be licensed real estate broker?
A. A person who manages property for multiple owners
B. A licensed attorney acting under a power of attorney to convey real estate
C. A resident apartment manager working as a salaried e
A. A person who manages property for multiple owners
An individual wants to sell her own house. Which of the following statement is true?
A. She does not need a real estate license to sell her house by herself
B. In NH, anyone who sells real property must be a REALTOR
C. The individual may obtain a temporar
A. She does not need a real estate license to sell her house by herself
A person must licensed as a real estate broker or salesperson if she is:
A. selling her house
B. buying a house for her personal use
C. engaging in the real estate business
D. constructing houses
C. engaging in the real estate business
A licensee who allows his or her license to expire has how long to reinstate the license without monetary penalty?
A. There is no "free" time
B. Up to 30 days
C. No more that 365 days
D. 3 months, but cannot engage in real estate activities during the per
A. There is no "free" time
Which of the following is a requirement to obtain a real estate salesperson's license in NH?
A. Successful completion of 15 credit hours of real estate law, investments, finance, and appraisal
B. An associate degree or certificate in real estate from an a
D. Successfully passing the licensing exam with a minimum passing grade of at least a 70% in both sections
An applicant for real estate license in NH must
A. have complete at least 2 years of college
B. be at least 21 years old
C. show proof of passing the license examination in NH
D. pay a one time application fee of $100
C. show proof of passing the license examination in NH
A real estate salesperson has been working with buyers. After helping them negotiate for their dream homes, the buyers ask the salesperson if she can help them secure a mortgage. The salesperson knows a lender that pays a fee for referring purchaser to th
A. No, this would be an unwise referral
Which of the following persons must have a real estate broker's license in order to transact business?
A. an owner of a six plex who personally manages the building:
B. A person who negotiates the sales of entire businesses, including their stock equipmen
D. A person who has his/her parent's written authority to negotiate the sale of the parents residence.
A broker intends to open a branch office in a neighboring town. The broker applies for a branch office license, giving a name that clearly identifies its relationship with his main office. The broker names the licensed real estate salesperson as the branc
D. No, the manager of the branch must be a licensed real estate broker
When advertising real property, real estate licensees:
A. may state only the licensee's box number or street address
B. may simply give a telephone number to call for more info
C. must indicate that the ads were placed in the name of a licensed real estat
C. must indicate that the ads were placed in the name of a licensed real estate broker
In NH, how many recognized protected classes are there under the Human Rights Laws?
A. the same number as under the Federal Fair Housing Law
B. Only those classes covered under the Civil Right Act of 1866
C. 10
D. 8, including veterans
C. 10
Which of the following statements is true regarding Housing for Older Persons in the State of NH?
A. There must be significant facilities designed to meet the physical and social needs of older persons in housing qualifying for persons 55 years of age or
A. There must be significant facilities designed to meet the physical and social needs of older persons in housing qualifying for persons 55 years of age or older
Members of the NH Real Estate Commission are
A. appointed by the governor
B. appointed by the Commissioner of Real Estate
C. elected by licensee
D. elected in statewide elections 6 years
A. appointed by the governor
Which of the following is an example of the ministerial act under the NH agency law?
A. Arguing the merits of an offer on behalf of a prospective buyer
B. Helping prospective buyers determine an appropriate price range and geographical location for their
C. Showing property, acts of an administrative nature and preparing offers
In the state of NH, the legal competence is:
A. 18
B. 19
C. 20
D. 21
A. 18
Which of the following actions is legal and not a violation of license law?
A. Encouraging seller to reject an offer because the prospective buyer is methodist
B. Placing a "For Sale" sign in front of a house after the seller's permission and receiving wr
A. Encouraging seller to reject an offer because the prospective buyer is methodist
Under NH law, any person who deals with options on real estate:
A.must be licensed as a real estate broker
B. is required to have his/her securities license endorsed by the NH Real Estate Commission
C. is exempt from having a real estate license
D. must f
A.must be licensed as a real estate broker
In NH, licensed are renewed:
A. annually, in the month issued
B. every 2 years in the month of the licensee's birthday
C. on June 30 of each odd numbered year
D. every 2 years from the date license is issued
D. every 2 years from the date license is issued
Which of the following would satisfy the continuing education requirement in NH?
A. A 12 hour course on hot to use spreadsheet programs effectively in a real estate office, offered by local community college
B. A six-hour course on managing agricultural p
C. 3 hours of core and 9 hours of electives approved by the NH Real Estate Commission
In NH, applications for any real estate licensee must:
A. be completed within 6 months from the date of the exam
B. contain a picture of the applicant
C. be made before May 31 of each year
D. be accompanied by 2 sworn statements attesting to the applicant
A. be completed within 6 months from the date of the exam
Under NH license law, a partnership, association, or corporation will be granted a broker's license as long as
A. the principal broker has a current license
B. every member and officer actively participating in the brokerage business has a broker's licens
A. the principal broker has a current license
To renew an active license in NH, a salesperson or broker must:
A. only pay a fee of $225
B. be actively participating in the real estate business
C. have completed 6 hours of continuing education in the last 2 years, 3 hours unreal estate law and three h
D. have completed 15 hours of continuing education in the last 2 years
When a sole proprietor has his/her license suspended for 2 years, what effect does this have on the associate brokers and salespeople affiliated with the proprietor?
A. Affiliates' licenses will be revoked, subject to reinstatement after one year
B. Affil
D. Affiliates' licenses must be returned to the NH Real Estate Commission
A seller has no knowledge of any plumbing system problems on the property she is selling. In actuality, the pipes are seriously corroded and will need to be replaced soon. In the seller property condition disclosure, when responding to whether the seller
B. No
A landlord has "no pets" policy in his apartment building. Which of the flowing statements is TRUE? If a visually impaired person owns a guide dog and wants to rent an apartment from the landlord:
A. If the landlord's "no pets" policy is applied uniformly
B. The NH Human Rights Act Prohibits the landlord from refusing to rent the apartment to the visually impaired person on the basis of the owners "no pets" policy
Under NH Law, all listings must:
A. be in writing
B. be fore at least 6 months
C. include a property inspection
D. include a clause providing for the disposition of escrow funds in the event of a buyer's default on a purchase and sales agreement
A. be in writing
Which of the following is not considered "valuable consideration"?
A. 5% of the purchase price
B. $101
C. $1
D. Love and Affection
C. $1