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

Standing trees would be considered:

A	Real property
B	Personal Property
C	Chattels
D	Emblements

Question 2

The license law is administered by:

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

Question 3

Does New Hampshire have homestead laws?

A	Yes
B	No

Question 4

Does New Hampshire have dower laws?

A	Yes
B	No

Question 5

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

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

Question 6

Does New Hampshire allow Holographic wills?

A	No
B	Yes

Question 7

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

A	acknowledgement
B	Premises
C	Habendum
D	novation

Question 8

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

Question 9

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

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

Question 10

Which is not necessary for a valid contract?

A	acceptance
B	due date
C	legal object
D	offer

Question 11

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

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

Question 12

What term means "going to the state?"

A	escheat
B	Eminent Domain
C	police power
D	Taxation

Question 12 Explanation:

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

Question 13

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	Net cash remaining to investor after sale of investment property
D	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.

Question 14

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 standard boiler plate will.
D	a will and testament that has been entirely handwritten and signed by the testator.

Question 15

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

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

Question 16

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

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

Question 17

Is New Hampshire a community property state?

A	Yes
B	No

Question 18

A Salesperson license fee costs how much?

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

Question 19

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

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

Question 20

What tenancies does New Hampshire allow?

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

Question 21

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

A	Buyer
B	Agent
C	Lessor
D	Lessee

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