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.

How to Become a Real Estate Agent in NH

If you want to get a real estate license in New Hampshire, you must complete at least 40 hours of approved real estate coursework and pass the state’s licensing examination. Using our New Hampshire real estate study guides and sample tests, you are guaranteed to pass the test on your first try.

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New Hampshire License Requirements

The applicant must be at least 18 years of age.
The applicant must have completed at least 40 hours of approved real estate courses at an approved real estate school before applying.
Salesperson applicants need to provide a signed statement from the real estate broker they will be affiliated with, stating that the applicant is of good moral character and is trustworthy.
Applicants must have no record of unprofessional conduct.

New Hampshire Sample Practice Real Estate Exam Questions and Answers

New Hampshire State Section

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Question 1

What is homestead protection?

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

Question 2

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

Question 3

What term means "going to the state?"

A	Eminent Domain
B	Taxation
C	escheat
D	police power

Question 3 Explanation:

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

Question 4

Does New Hampshire have homestead laws?

A	Yes
B	No

Question 5

What is a holographic will?

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

Question 6

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	Depositing his/her clients escrow money into a personal account
D	Being authorized to accept and excessive commission.

Question 7

Does New Hampshire allow Holographic wills?

A	Yes
B	No

Question 8

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

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

Question 9

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

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

Question 10

Which is not necessary for a valid contract?

A	offer
B	due date
C	legal object
D	acceptance

Question 11

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

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

Question 12

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

A	Habendum
B	novation
C	acknowledgement
D	Premises

Question 13

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

Question 14

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

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

Question 15

What tenancies does New Hampshire allow?

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

Question 16

The license law is administered by:

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

Question 17

A Salesperson license fee costs how much?

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

Question 18

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

A	Agent
B	Buyer
C	Lessee
D	Lessor

Question 19

Does New Hampshire have dower laws?

A	No
B	Yes

Question 20

Standing trees would be considered:

A	Chattels
B	Real property
C	Personal Property
D	Emblements

Question 21

Is New Hampshire a community property state?

A	Yes
B	No

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