Nh Real Estate Brokers Exam 54 Questions And Answers
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Terms in this set
54
How much do commissioners get paid per day?
$50 a day
How many days does a licensee have to appeal a decision of the real estate commission?
A licensee has 30 days to appeal a decision of the NHREC with Superior Court. Rea 206.02
What can the real estate commission impose for punishment on licensees?
The NHREC can suspend/revoke license; require education; $2,000 per violation.
How many terms can a New Hampshire Real Estate Commissioner serve?
Two consecutive terms of five years
How are members of the New Hampshire Real Estate Commission selected?
The governor selects potential commissioners and their appointment is approved by the Executive Council.
In the state of New Hampshire, the real estate license law is administered by the?
The real estate license law is administered by the New Hampshire Real Estate Commission.
The New Hampshire Real Estate Commission has the power to revoke a salesperson's license if the salesperson:
It is prohibited conduct for a salesperson to deposit the buyer's down payment into their own personal bank account. Commingling and conversion.
How many days does a licensee have to respond to a complaint?
A licensee has 30 days to respond to a written complaint filed on Form 11-A.
The New Hampshire Real Estate Commission consists of how many members total?
The New Hampshire Real Estate Commission consists of 5 members. Two brokers, one salesperson, one lawyer and one member of the public.
The New Hampshire Real Estate Commission has the authority to:
The New Hampshire Real Estate Commission has the authority to make and enforce the rules by which all real estate licensees must abide.