New Hampshire
Real Estate Salesperson
Final Assessment (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. What is the primary goal of risk management in real estate?
A) To maximize profits
B) To minimize legal liabilities
C) To enhance property value
D) To diversify investments
Correct ANS: B) To minimize legal liabilities
2. Which of the following is considered a primary risk in real
estate transactions?
A) Desirability of location
B) Market fluctuation
C) Financing options
D) Home inspection results
Correct ANS: B) Market fluctuation
3. In risk management, the term "risk transfer" refers to:
A) Selling the property
B) Insurance coverage
C) Delegating responsibilities
©2024/2025
, D) Litigation
Correct ANS: B) Insurance coverage
Contract Law
4. Which of the following is NOT a necessary element for a
legally binding contract?
A) Offer
B) Acceptance
C) Consideration
D) Notarization
Correct ANS: D) Notarization
5. A contract that has not been fulfilled and is remitted under a
specified legal process is known as:
A) Voidable
B) Executed
C) Breached
D) Non-binding
Correct ANS: C) Breached
©2024/2025
Real Estate Salesperson
Final Assessment (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. What is the primary goal of risk management in real estate?
A) To maximize profits
B) To minimize legal liabilities
C) To enhance property value
D) To diversify investments
Correct ANS: B) To minimize legal liabilities
2. Which of the following is considered a primary risk in real
estate transactions?
A) Desirability of location
B) Market fluctuation
C) Financing options
D) Home inspection results
Correct ANS: B) Market fluctuation
3. In risk management, the term "risk transfer" refers to:
A) Selling the property
B) Insurance coverage
C) Delegating responsibilities
©2024/2025
, D) Litigation
Correct ANS: B) Insurance coverage
Contract Law
4. Which of the following is NOT a necessary element for a
legally binding contract?
A) Offer
B) Acceptance
C) Consideration
D) Notarization
Correct ANS: D) Notarization
5. A contract that has not been fulfilled and is remitted under a
specified legal process is known as:
A) Voidable
B) Executed
C) Breached
D) Non-binding
Correct ANS: C) Breached
©2024/2025
