NH Real Estate Exam Practice Questions
With Correct Answers
The performance of ministerial acts☑️Correct Ans-Involves performance of acts that are
administrative in nature
Dual agency☑️Correct Ans-Requires written informed consent.
The definition of real estate brokerage activity includes:☑️Correct Ans-The resale of timeshare
units
A Cooperating Brokerage Agreement with an out-of-state broker:☑️Correct Ans-Establishes a
sub-agency relationship
The Exempted Classes (persons not needing a real estate license) include the
following☑️Correct Ans-
The Brokerage Relationship Disclosure Form should be provided to consumers☑️Correct Ans-
At the first business meeting.
Principal brokers must notify the NH Real Estate Commission in writing within 5
days☑️Correct Ans-If a salesperson or associate broker is no longer associated with the
principal broker.
All licensees must notify the NH Real Estate Commission of the following within 10 days
EXCEPT:☑️Correct Ans-No longer a member of the Realtor® Association
In addition to a 3-hour CORE course, all active license renewals require☑️Correct Ans-An
additional 12 hours of accredited elective courses.
, You can renew an expired license up to 6 months after its expiration date with an additional late
fee; but after six months the license will lapse and cannot be renewed.☑️Correct Ans-TRUE
A listing agent representing the seller is a facilitator to an unrepresented buyer.☑️Correct Ans-
TRUE
What is a facilitator?☑️Correct Ans-an individual licensee who assists one or more parties
during all or a portion of a real estate transaction without being an agent or advocate for the
interests of any party to such transaction. [everyone is a customer, no one is a client; you can't be
a facilitator to anyone in a transaction if you represent (listing or buyer-agency agreement)
another party in the transaction]
What are fees for service?☑️Correct Ans-
What are entry only listings☑️Correct Ans-
What are advanced fees☑️Correct Ans-
What is an undisclosed dual agent?☑️Correct Ans-
What is a disclosed dual agent?☑️Correct Ans-a licensee acting for more than one party whose
interests may differ in a transaction with the knowledge and written consent [dual agency
informed consent agreement] of all parties for whom the licensee acts.
What is a sellers agaent?Lead paint abatement orders carry over to new owners when the
property is transferred☑️Correct Ans-TRUE
Landlords must return a tenant's security deposit within☑️Correct Ans-30 days
The sale of waterfront property requires a septic site assessment study prior to☑️Correct Ans-
Closing date
With Correct Answers
The performance of ministerial acts☑️Correct Ans-Involves performance of acts that are
administrative in nature
Dual agency☑️Correct Ans-Requires written informed consent.
The definition of real estate brokerage activity includes:☑️Correct Ans-The resale of timeshare
units
A Cooperating Brokerage Agreement with an out-of-state broker:☑️Correct Ans-Establishes a
sub-agency relationship
The Exempted Classes (persons not needing a real estate license) include the
following☑️Correct Ans-
The Brokerage Relationship Disclosure Form should be provided to consumers☑️Correct Ans-
At the first business meeting.
Principal brokers must notify the NH Real Estate Commission in writing within 5
days☑️Correct Ans-If a salesperson or associate broker is no longer associated with the
principal broker.
All licensees must notify the NH Real Estate Commission of the following within 10 days
EXCEPT:☑️Correct Ans-No longer a member of the Realtor® Association
In addition to a 3-hour CORE course, all active license renewals require☑️Correct Ans-An
additional 12 hours of accredited elective courses.
, You can renew an expired license up to 6 months after its expiration date with an additional late
fee; but after six months the license will lapse and cannot be renewed.☑️Correct Ans-TRUE
A listing agent representing the seller is a facilitator to an unrepresented buyer.☑️Correct Ans-
TRUE
What is a facilitator?☑️Correct Ans-an individual licensee who assists one or more parties
during all or a portion of a real estate transaction without being an agent or advocate for the
interests of any party to such transaction. [everyone is a customer, no one is a client; you can't be
a facilitator to anyone in a transaction if you represent (listing or buyer-agency agreement)
another party in the transaction]
What are fees for service?☑️Correct Ans-
What are entry only listings☑️Correct Ans-
What are advanced fees☑️Correct Ans-
What is an undisclosed dual agent?☑️Correct Ans-
What is a disclosed dual agent?☑️Correct Ans-a licensee acting for more than one party whose
interests may differ in a transaction with the knowledge and written consent [dual agency
informed consent agreement] of all parties for whom the licensee acts.
What is a sellers agaent?Lead paint abatement orders carry over to new owners when the
property is transferred☑️Correct Ans-TRUE
Landlords must return a tenant's security deposit within☑️Correct Ans-30 days
The sale of waterfront property requires a septic site assessment study prior to☑️Correct Ans-
Closing date
