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Questions and Answers
The commissioner of which department is responsible for adoption of primary drinking water standards and drinking water rules in the state of NH? (Select one)
The commissioner of which department is responsible for adoption of primary drinking water standards and drinking water rules in the state of NH? (Select one)
Regarding the current use assessment when a buyer subdivides land, which of the following is true? (Select one)
Regarding the current use assessment when a buyer subdivides land, which of the following is true? (Select one)
Do purchasers need to make any type of application to add new bedrooms because they are on a septic system? (Select one)
Do purchasers need to make any type of application to add new bedrooms because they are on a septic system? (Select one)
If the Department of Health and Human Services has a lead paint test conducted in a child's dwelling and finds lead, what may the department issue? (Select one)
If the Department of Health and Human Services has a lead paint test conducted in a child's dwelling and finds lead, what may the department issue? (Select one)
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Wells within how many feet of a dwelling must be covered or fenced in? (Select one)
Wells within how many feet of a dwelling must be covered or fenced in? (Select one)
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The purpose of planning and zoning in the state of NH includes all of the following EXCEPT: (Select one)
The purpose of planning and zoning in the state of NH includes all of the following EXCEPT: (Select one)
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Regarding site assessment for a water view property, what must the broker ensure? (Select one)
Regarding site assessment for a water view property, what must the broker ensure? (Select one)
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A NH real estate salesperson may lawfully collect compensation from which of the following? (Select one)
A NH real estate salesperson may lawfully collect compensation from which of the following? (Select one)
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A broker who wishes to place a 'For Sale' sign on a property must first: (Select one)
A broker who wishes to place a 'For Sale' sign on a property must first: (Select one)
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Every NH real estate office is required to: (Select one)
Every NH real estate office is required to: (Select one)
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Which of the following statements is TRUE regarding the advertisement for a property with negotiable price? (Select one)
Which of the following statements is TRUE regarding the advertisement for a property with negotiable price? (Select one)
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Which of the following is TRUE regarding advertising another agent's listing? (Select one)
Which of the following is TRUE regarding advertising another agent's listing? (Select one)
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The office manager for a local real estate firm is responsible for which activities? (Select one)
The office manager for a local real estate firm is responsible for which activities? (Select one)
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A housing discrimination charge must be filed with the NH Human Rights Commission within: (Select one)
A housing discrimination charge must be filed with the NH Human Rights Commission within: (Select one)
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The salesperson engaged in activities violating the NH Human Rights Act impacts which party? (Select one)
The salesperson engaged in activities violating the NH Human Rights Act impacts which party? (Select one)
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A person who believes he or she has been illegally discriminated against may file a complaint with: (Select one)
A person who believes he or she has been illegally discriminated against may file a complaint with: (Select one)
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How are members of the NH Real Estate Commission selected? (Select one)
How are members of the NH Real Estate Commission selected? (Select one)
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All of the following statements regarding the NH Real Estate Commission are true EXCEPT: (Select one)
All of the following statements regarding the NH Real Estate Commission are true EXCEPT: (Select one)
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The NH Real Estate Commission has the authority to: (Select one)
The NH Real Estate Commission has the authority to: (Select one)
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In the state of NH, the real estate license law is administered by the: (Select one)
In the state of NH, the real estate license law is administered by the: (Select one)
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In NH, which of the following is legal and not grounds for revoking a broker's license? (Select one)
In NH, which of the following is legal and not grounds for revoking a broker's license? (Select one)
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The NH Real Estate Commission has the power to revoke a salesperson's license if the salesperson: (Select one)
The NH Real Estate Commission has the power to revoke a salesperson's license if the salesperson: (Select one)
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In NH, a broker may have his/her license suspended or revoked for all of the following EXCEPT: (Select one)
In NH, a broker may have his/her license suspended or revoked for all of the following EXCEPT: (Select one)
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The NH Real Estate Commission may undertake an investigation of a licensee based on all the following grounds EXCEPT: (Select one)
The NH Real Estate Commission may undertake an investigation of a licensee based on all the following grounds EXCEPT: (Select one)
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The NH Real Estate Commission: (Select one)
The NH Real Estate Commission: (Select one)
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For which of the following acts would a licensee be subject to disciplinary action by the NH Real Estate Commission? (Select one)
For which of the following acts would a licensee be subject to disciplinary action by the NH Real Estate Commission? (Select one)
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3 weeks before N begins his real estate pre-licensing class, he offers to help his neighbor sell her house. Can N sue to recover payment if the neighbor refuses to pay the agreed commission? (Select one)
3 weeks before N begins his real estate pre-licensing class, he offers to help his neighbor sell her house. Can N sue to recover payment if the neighbor refuses to pay the agreed commission? (Select one)
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Which of the following provisions is not included in the NH Real Estate Commission's rules regarding listing agreements? (Select one)
Which of the following provisions is not included in the NH Real Estate Commission's rules regarding listing agreements? (Select one)
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Which of the following statements is not true of a temporary license? (Select one)
Which of the following statements is not true of a temporary license? (Select one)
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An unlicensed individual who engages in the activities that require a real estate license is: (Select one)
An unlicensed individual who engages in the activities that require a real estate license is: (Select one)
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A person received notification on December 1, 2000, of having passed the exam administered on November 18, 2000. What date may she apply for the salesperson license? (Select one)
A person received notification on December 1, 2000, of having passed the exam administered on November 18, 2000. What date may she apply for the salesperson license? (Select one)
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When do real estate salespersons' licenses expire in NH?
When do real estate salespersons' licenses expire in NH?
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What is the renewal period for a real estate license in NH?
What is the renewal period for a real estate license in NH?
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Who is obligated to obtain a broker's bond?
Who is obligated to obtain a broker's bond?
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What courses are required to renew a salesperson's real estate license?
What courses are required to renew a salesperson's real estate license?
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What is the purpose of the broker's bond?
What is the purpose of the broker's bond?
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Which statement concerning non-resident licensing in NH is true?
Which statement concerning non-resident licensing in NH is true?
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Which of the following is EXCEPT for the requirements to obtain a broker's license in NH?
Which of the following is EXCEPT for the requirements to obtain a broker's license in NH?
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Who is exempt from the real estate licensing requirement if engaged in real estate activities?
Who is exempt from the real estate licensing requirement if engaged in real estate activities?
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A licensed resident of any state with which NH has reciprocity wishes to obtain a NH real estate license. He/she is:
A licensed resident of any state with which NH has reciprocity wishes to obtain a NH real estate license. He/she is:
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How many character references are required to apply for a license?
How many character references are required to apply for a license?
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Who requires a real estate license?
Who requires a real estate license?
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Who must adhere to the provisions of the NH Real Estate License Act by first getting a real estate license?
Who must adhere to the provisions of the NH Real Estate License Act by first getting a real estate license?
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Who needs to be a licensed real estate broker in NH?
Who needs to be a licensed real estate broker in NH?
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An individual wants to sell her own house. Which statement is true?
An individual wants to sell her own house. Which statement is true?
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A person must be licensed as a real estate broker or salesperson if she is:
A person must be licensed as a real estate broker or salesperson if she is:
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A licensee who allows his or her license to expire has how long to reinstate the license without monetary penalty?
A licensee who allows his or her license to expire has how long to reinstate the license without monetary penalty?
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Which of the following is a requirement to obtain a real estate salesperson's license in NH?
Which of the following is a requirement to obtain a real estate salesperson's license in NH?
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An applicant for a real estate license in NH must:
An applicant for a real estate license in NH must:
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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 purchasers to them. Should the salesperson refer the buyers to this lender?
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 purchasers to them. Should the salesperson refer the buyers to this lender?
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Which of the following persons must have a real estate broker's license in order to transact business?
Which of the following persons must have a real estate broker's license in order to transact business?
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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 branch office manager. Will the broker receive approval for the branch office?
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 branch office manager. Will the broker receive approval for the branch office?
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When advertising real property, real estate licensees:
When advertising real property, real estate licensees:
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In NH, how many recognized protected classes are there under the Human Rights Laws?
In NH, how many recognized protected classes are there under the Human Rights Laws?
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Which statement is true regarding Housing for Older Persons in the State of NH?
Which statement is true regarding Housing for Older Persons in the State of NH?
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Members of the NH Real Estate Commission are:
Members of the NH Real Estate Commission are:
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Which of the following is an example of the ministerial act under the NH agency law?
Which of the following is an example of the ministerial act under the NH agency law?
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In the state of NH, the legal competence is:
In the state of NH, the legal competence is:
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Which of the following actions is legal and not a violation of license law?
Which of the following actions is legal and not a violation of license law?
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Under NH law, any person who deals with options on real estate:
Under NH law, any person who deals with options on real estate:
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In NH, licenses are renewed:
In NH, licenses are renewed:
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Which of the following would satisfy the continuing education requirement in NH?
Which of the following would satisfy the continuing education requirement in NH?
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In NH, applications for any real estate licensee must:
In NH, applications for any real estate licensee must:
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Under NH license law, a partnership, association, or corporation will be granted a broker's license as long as:
Under NH license law, a partnership, association, or corporation will be granted a broker's license as long as:
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To renew an active license in NH, a salesperson or broker must:
To renew an active license in NH, a salesperson or broker must:
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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?
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?
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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 has any knowledge of plumbing system problems, she should respond:
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 has any knowledge of plumbing system problems, she should respond:
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A landlord has a 'no pets' policy in his apartment building. If a visually impaired person owns a guide dog and wants to rent an apartment from the landlord, which statement is TRUE?
A landlord has a 'no pets' policy in his apartment building. If a visually impaired person owns a guide dog and wants to rent an apartment from the landlord, which statement is TRUE?
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Under NH law, all listings must:
Under NH law, all listings must:
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Which of the following is not considered 'valuable consideration'?
Which of the following is not considered 'valuable consideration'?
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Study Notes
State Department Responsibilities
- The NH Department of Environmental Services is responsible for establishing primary drinking water standards and rules.
Current Use Assessment Tax Implications
- A developer incurs no tax related to current use until they begin excavation for road construction on subdivided land.
Septic System Approval
- Purchasers must apply for septic system approval before adding new bedrooms to their property.
Lead Paint Regulations
- If lead is found in a child's dwelling, the NH Department of Health may issue an order of lead hazard reduction to the property owner if the child resides in a rental unit.
Wetlands and Building Regulations
- Property owners must obtain necessary permits before filling marshland, and failing to do so may lead to legal violations.
Well Safety Regulations
- Wells must be covered or fenced if they are within 500 feet of a dwelling to ensure safety and prevent contamination.
Planning and Zoning Objectives
- Planning and zoning aims to support community growth and wise land use, excluding discouragement of low and moderate income housing.
Site Assessment Requirements
- Brokers must ensure buyers sign site assessments for properties with water views, regardless of water access.
Compensation Collection Rules
- NH real estate salespersons can lawfully collect compensation solely from their sponsoring broker.
"For Sale" Sign Placement
- A broker must obtain written consent before placing a "For Sale" sign on a property.
Record Keeping Requirements
- NH real estate offices must maintain transaction records for a minimum of three years.
Advertising Violations
- Advertising a property with negotiable terms without the owner's approval may violate fiduciary duties.
Advertising Another Agent's Listing
- Real estate salespersons cannot advertise another agent's property listing without including the broker's name in the advertisement.
Office Manager Licensing Exemptions
- Office managers coordinating real estate activities are exempt from real estate licensing requirements.
Housing Discrimination Claims
- Complaints regarding housing discrimination must be filed with the NH Human Rights Commission within 180 days.
Broker Liability for Salesperson Actions
- Employing brokers may be held liable for violations committed by their salespersons, regardless of prior knowledge.
NH Real Estate Commission Composition
- Members of the NH Real Estate Commission are appointed by the governor.
NH Real Estate Commission's Authority
- The commission has the authority to make and enforce rules for real estate licensees, but does not select commission members based on state associations.
Grounds for License Suspension
- A broker may face license suspension or revocation for specific misconduct, such as guaranteeing future profits.
License Investigations and Audits
- The NH Real Estate Commission can investigate based on complaints, its own initiative, or commission member motions, but not at random.
Penalties for Unlicensed Activity
- Engaging in activities requiring a real estate license without proper licensing may result in misdemeanor charges.
Temporary License Characteristics
- Temporary licenses are issued without an exam and last for a year after a broker's death or incapacitation, but are not renewable in 30-day increments.
Broker Bond Obligations
- Both resident and non-resident principal and managing brokers must obtain a broker's bond.
License Renewal Education Requirements
- To renew a salesperson's license, three hours of core education and nine hours of electives are required.
Purpose of Broker's Bond
- A broker's bond reimburses consumers who suffer from the broker's misappropriation of escrow funds.
Non-Resident Licensing Requirements
- Non-resident brokers licensed in NH must submit an irrevocable consent agreement with the NH Real Estate Commission.
Broker License Application Requirements
- Brokers must meet specific requirements to obtain a license, excluding stipulations that make obtaining a license more difficult.### Licensing Requirements and Exemptions
- Completion of 60 hours of approved real estate courses is necessary for licensure.
- Attaining the age of majority is required for licensing eligibility.
- Active engagement as a licensed salesperson for 3 years qualifies an individual to apply for a broker's license.
- Good moral character is a requirement for obtaining a real estate license.
- Attorneys-at-law are exempt from real estate licensing when performing their professional duties.
Reciprocity and Examination
- Individuals with licenses from states that have reciprocity with NH only need to pass the NH state portion of the licensing exam.
- To apply for a real estate license, three character references are mandatory.
License Requirements for Activities
- Companies that charge fees to match individuals for property exchanges must hold a real estate license.
- Individuals receiving compensation for procuring buyers or renters must have a real estate license; property owners selling or leasing their own real estate do not need one.
- A real estate broker's license is required for those managing properties for multiple owners.
Selling and Engaging in Real Estate
- Property owners can sell their own homes without a real estate license.
- Engaging in real estate business necessitates a broker or salesperson license.
- There is no grace period for license reinstatement after expiration; licenses cannot be reinstated without penalty after expiration.
License Renewal and Continuing Education
- Licensed professionals must renew their licenses every two years from the issuance date.
- Continuing education in NH requires completion of 15 hours within the last two years.
- Applications for real estate licenses must be completed within six months of passing the exam.
Legal Considerations and Regulations
- The principal broker must have a current license for a partnership or corporation to receive a broker’s license.
- Advertising must clearly indicate that promotions are placed under a licensed real estate broker's name.
- NH recognizes 10 protected classes under human rights laws including veterans.
Housing and Fair Housing Law
- Housing for Older Persons must provide facilities to meet the needs of individuals aged 55 and older.
- Landlords are prohibited from refusing to rent to individuals with service animals under "no pets" policies.
Disciplinary Actions and Compliance
- A sole proprietor's license suspension will affect all affiliated brokers and salespeople, making them return their licenses to the NH Real Estate Commission.
- Real estate listings must be in writing to be valid.
Forms of Consideration
- Love and affection do not count as valuable consideration in real estate contracts; however, nominal sums like $1 are considered valid but nominal.
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Description
Test your knowledge on the responsibilities and regulations of the New Hampshire Department of Environmental Services. This quiz covers topics such as drinking water standards, septic system approval, and lead paint regulations as they relate to property owners and developers. Explore how these laws impact land use and safety.