New Hampshire Real Estate Exam Prep

NH Salesperson Practice Exam

Our New Hampshire Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to New Hampshire’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

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New Hampshire Sample Practice Real Estate Exam Questions and Answers

New Hampshire State Section

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Question 1

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Agent
B	Lessor
C	Lessee
D	Buyer

Question 2

Which of the following would not put a sales person in jeopardy of losing their license in New Hampshire?

A	Placing an ad claiming to be a broker when they are not.
B	Convicted of a felony
C	Being authorized to accept and excessive commission.
D	Depositing his/her clients escrow money into a personal account

Question 3

A Salesperson license fee costs how much?

A	$155
B	$105
C	$110
D	$100

Question 4

Which of the following is a landlord's option for a tenant not paying the rent?

A	shut off the power
B	shutoff the gas
C	lock the tenant out of the apartment
D	unlawful detainer action in court

Question 5

Standing trees would be considered:

A	Emblements
B	Real property
C	Personal Property
D	Chattels

Question 6

What term means "going to the state?"

A	Eminent Domain
B	Taxation
C	police power
D	escheat

Question 6 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 7

Which is not necessary for a valid contract?

A	acceptance
B	offer
C	legal object
D	due date

Question 8

The license law is administered by:

A	Department of Real Estate Affairs
B	New Hampshire Real Estate Commission
C	Real Estate Commission of New Hampshire
D	New Hampshire Department of Real Estate

Question 9

Is New Hampshire a community property state?

A	No
B	Yes

Question 10

Mortgage "discount" points only apply if which of the following conditions are met?

A	The loan does not close and the buyer owes the lender for services rendered
B	The interest rate on the mortgage loan has been lowered by 2% for each point charged
C	The seller has agreed to pay 1% of the closing costs
D	The interest rate on the mortgage loan has been lowered by 1% for each point charged

Question 11

Does New Hampshire have dower laws?

A	Yes
B	No

Question 12

Does New Hampshire allow Holographic wills?

A	No
B	Yes

Question 13

Which of the following is required for an applicant to receive a Real Estate License?

A	Must be 25 or older
B	Must have lived in the state for more than a year
C	Must sit and pass the required exam
D	Must have a Bachelors degree

Question 14

What tenancies does New Hampshire allow?

A	Neither
B	Joint tenancy
C	Both
D	Tenancy by the entirety

Question 15

How soon can a broker receive a commission check after a closing in New Hampshire?

A	When the Buyer moves in.
B	After the transaction is completed and funded.
C	Once the seller agrees to the price.
D	Once the offer sheet is signed.

Question 16

After getting the license, how often must you take Continuing Education classes?

A	every year
B	every 2 years
C	every 3 years
D	every 4 years

Question 17

Does New Hampshire have homestead laws?

A	No
B	Yes

Question 18

What is homestead protection?

A	Gradual subsidence of waters, leaving dry land
B	The estimated value that an asset will have at then end of it's useful life
C	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
D	Net cash remaining to investor after sale of investment property

Question 19

In what circumstances, if any, can a broker in New Hampshire who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	In most circumstances, except when the buyer and seller are related
B	None; the broker may only collect compensation from one party to a transaction
C	Only when both buyer and seller give informed consent to this arrangement
D	Only when both buyer and seller have legal representation

Question 20

Which of the following isn't part of a deed?

A	acknowledgement
B	novation
C	Premises
D	Habendum

Question 21

What is a holographic will?

A	a will that has been approved by each family member.
B	a will that displays in 3D
C	a will and testament that has been entirely handwritten and signed by the testator.
D	a standard boiler plate will.