- Study guides, Class notes & Summaries

A minimum $25,000 surety bond for active managing and principal brokers must be submitted to the NH Real Estate Commission? - ANSWER-For the protection of broker trust funds What broker account must be maintained in a bank branch located within the State of NH - ANSWER-Broker escrow accounts when can a broker release escrow funds - ANSWER-Upon contemporaneous agreement in writing by the parties to the contract. NH state law requires managing and principal brokers to exercise (_________)s...

Advance Fees - ANSWERSAny fees charged for services including, without any limitation, any fees charged for listing advertising or offering for sale or lease any real property. Advance fees shall not include fees paid solely for advertisement in a newspaper or other publication of general circulation, including electronic publications Agency - ANSWERSthe fiduciary relationship between the principal and the agent arising out of a brokerage agreement Appointing Agent - ANSWERSa broker named ...

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

NH Real Estate Final Exam Question With Correct Answers 100% Pass Guaranteed Which of the following would not put a sales person in jeopardy of losing their license in New Hampshire?☑️Correct Ans-Being authorized to accept and excessive commission.

NH Real Estate Reviewed Exam Questions With Correct Answers 4. If an evicted tenant does not remove their belongings, under the summary process the belongings of the evicted tenant: A. must be placed in storage and can be claimed by the tenant for a period of 7 days B. may be used by the landlord for a period of 28 days C. may be sold by the landlord after a period of 30 days D. must be placed on the street by the sheriff at the time of eviction☑️Correct Ans-Answer: must be placed...

NH Test Part 1 - Real Estate Commission Exam Solved 100% Correct

NH Real Estate Exam Questions and Answers 100% Pass Purpose of NH Real Estate Commission - Correct Answer ️️ -License and regulate real estate agents. Entry Only Listings - Correct Answer ️️ -Considered listings and must comply with listing requirements Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent clients in real estate offices that practice designated agency A fiduciary client relationship - Correct Answer ️️ -Requires a contractual b...

NH Real Estate Exam Questions and Answers 100% Correct Score The purpose of the NH Real Estate Commission is to - Correct Answer ️️ -License and regulate real estate agents Entry Only Listings (limited service listings) are - Correct Answer ️️ -Considered listings and must comply with listing requirements Look up entry only listings - Correct Answer ️️ - Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent clients in real estate offices that p...

NH Test Part 2 - Licensure - Practice Test A Questions and Answers 100% Pass 1. The administrative assistant 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 under the supervision of the broker; hiring and supervising of clerical personnel. Does this administrative assistant need to be a licensee? A. no, they would not be required to have a license to perform these activitie...

NH Real Estate - state exam Questions and Answers 100% Correct Score A judgment has been properly recorded. Any subsequent purchasers, whether they have actually examined the record or not, have been given - Correct Answer ️️ - constructive notice Legal descriptions using the government survey system are NOT generally used in - Correct Answer ️️ -the original 13 states A tenant rented an apartment, signing a 15-month lease. After the lease expired, the tenant paid 1 month's rent...