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

Does New Hampshire have homestead laws?

A	Yes
B	No

Question 2

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

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

Question 3

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 have lived in the state for more than a year
D	Must be 25 or older

Question 4

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

A	Premises
B	novation
C	Habendum
D	acknowledgement

Question 5

What tenancies does New Hampshire allow?

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

Question 6

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

A	The seller has agreed to pay 1% of the closing costs
B	The interest rate on the mortgage loan has been lowered by 1% for each point charged
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 7

Does New Hampshire have dower laws?

A	No
B	Yes

Question 8

The license law is administered by:

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

Question 9

Which is not necessary for a valid contract?

A	offer
B	acceptance
C	due date
D	legal object

Question 10

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

A	Buyer
B	Lessee
C	Lessor
D	Agent

Question 11

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

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

Question 12

Does New Hampshire allow Holographic wills?

A	Yes
B	No

Question 13

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

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

Question 14

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 15

What is a holographic will?

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

Question 16

Standing trees would be considered:

A	Real property
B	Emblements
C	Personal Property
D	Chattels

Question 17

What term means "going to the state?"

A	escheat
B	Taxation
C	police power
D	Eminent Domain

Question 17 Explanation:

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

Question 18

Is New Hampshire a community property state?

A	No
B	Yes

Question 19

A Salesperson license fee costs how much?

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

Question 20

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	Once the seller agrees to the price.
D	After the transaction is completed and funded.

Question 21

What is homestead protection?

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