New Hampshire Real Estate Salesperson Exam — All Questions

A New Hampshire salesperson license authorizes brokerage activity:

• a.Only while the salesperson is associated with a licensed broker✓
• b.Only after registering with the town clerk
• c.As soon as the exam is passed, with no further steps
• d.Only after four years of college

A New Hampshire salesperson may perform brokerage activity only while associated with a licensed broker. The license is inactive for practice until the salesperson is placed under a broker, and the salesperson must re-associate with another broker before continuing after leaving one.

A New Hampshire salesperson applicant must show completion, before sitting the examination, of:

• a.60 credit hours of study
• b.40 hours of approved study✓
• c.24 hours of approved study
• d.90 hours of approved study

The office accepts a salesperson applicant who is at least 18, passes the approved examination, shows no record of unprofessional conduct, clears the criminal records check, and proves 40 hours of approved study completed before the examination date. Cite: RSA 331-A:10, I.

A New Hampshire broker applicant must complete 60 credit hours of approved study and show:

• a.a bachelor's degree in business or finance
• b.a passing score on a national appraisal exam
• c.ten years of continuous residency in the state
• d.one year full time, or 2,000 part-time hours✓

The experience requirement is one year of full-time employment by an active principal broker within five years of application, 2,000 part-time hours as a licensed New Hampshire salesperson within that period, or equivalent experience the office accepts. A principal or managing broker also files the surety bond. Cite: RSA 331-A:10, II.

Besides education and experience, a New Hampshire broker applicant must submit evidence of:

• a.three character references drawn from the applicant's clients
• b.current membership in a real estate trade group
• c.at least six transactions the applicant was paid for✓
• d.a $50,000 line of credit at a New Hampshire bank

RSA 331-A:10, II(g) requires evidence of at least six separate real estate transactions in which the applicant was actively involved and was compensated, or proof of equivalent experience under criteria the commission sets. Cite: RSA 331-A:10, II(g).

New Hampshire continuing education for each two-year license period consists of:

• a.a 3-hour core course plus 12 hours of electives✓
• b.12 hours of accredited elective courses alone
• c.a 6-hour core course plus 9 hours of electives
• d.20 hours of any accredited real estate courses

Every active and inactive renewal applicant takes at least one accredited 3-hour core course, and active renewal applicants add 12 hours of accredited electives, all within the current 2-year license period and all under different course numbers. Cite: N.H. Admin. R. Rea 403.01.