Real Estate Practice Exam A+ Grade Assured Complete Solutions And Verified Answers

REAL ESTATE EXAM vc vc




Exam Solution vc




NH Real Estate State Portion 2026 A+ GRADE ASSURED
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COMPLETE SOLUTIONS AND VERIFIED ANSWERS (785D vc vc vc vc vc




E)




QUESTION 1 vc




The IRS requires you to have an ______ with your brokerage
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ANSWER

Independent Contractor Agreement vc vc




QUESTION 2 vc




NH Law - Advertising requires what 2 pieces of information?
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ANSWER

Company Name & Office Phone Number
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QUESTION 3 vc




Equal Employment Opportunity Act
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ANSWER

1995: prohibits discrimination based on race, color, religion, sex, national origin, age, disability or geneti
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c information
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QUESTION 4 vc




NH Commission Board consists of:
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ANSWER

RSA 331-A:5 Two licensed real estate brokers. (
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b) One licensed real estate salesperson. (
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, c) One lawyer. (
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d) One public member
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QUESTION 5 vc




NH Board Powers of Commission 331-A:7 Powers
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ANSWER

Set fees - Publish information about license examination and suggested courses of study -
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Issue orders, statements and conduct hearings on an appeal of a denial of a license -
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Provide notice to all licensees of any proposed rulemaking and changes to administrative rules and per
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tinent changes in NH law. vc vc vc vc




QUESTION 6 vc




Powers of Commission 331-A:25 Rulemaking vc vc vc vc




ANSWER

- Conduct of licensed brokers and salespeople -
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Administer exams accreditation of learning courses in RE - procedure in commission proceedings -
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ethics code (RSA 331-A:9 - Applying for and renewing licenses
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QUESTION 7 vc




Principal broker preserves records relating to any real estate transaction for ______
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ANSWER

RSA 331-A:26 3 years vc vc vc




QUESTION 8 vc




Records of escrow and trust accounts are kept for a period of ____
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ANSWER

RSA 331-A:26 3 years vc vc vc




QUESTION 9 vc




RSA 331- vc



A:28 Investigate the actions of any person engaged in the business or acting in the capaci
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ty of a real estate broker or real estate salesperson and impose any one or more of the fo
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llowing sanctions: vc




ANSWER