NH State Material Real Estate Exam
The NH Real Estate Commission:
A. has the authority to audit broker's escrow accounts with a 30 days notice
B. may never audit a broker' escrow account
C. requires the principal broker, upon licensure, to sign a permit allowing the
commission to audit
D. may only audit a broker's escrow account upon order of the courts - ANSWER-C.
requires the principal broker, upon licensure, to sign a permit allowing the commission
to audit
For which of the following acts would a licensee be subject to disciplinary action by the
NH Real Estate Commission?
A.Preserving real estate records for 7 years
B. Representing to any lender an amount in excess of the true and actual sales price
C. Depositing earnest money into the broker's escrow account
D. Providing info requested by the commission within 30 days of the request as part of a
complain or audit procedure. - ANSWER-B. Representing to any lender an amount in
excess of the true and actual sales price
3 weeks before N begins his real estate pre-licensing class, he offers to help his
neighbor sell her house. The neighbor agrees to pay N a 5% commission. An offer is
accepted while N is taking the class, and closes the day before N passes his exam and
receives his license. The neighbor refuses to pay N the agreed commission. Can N sue
to recover payment?
A. Yes, because N was formally enrolled in a course of study intended to result in a real
estate license at the time was procured and accepted, the commission agreement is
binding
B. No, in NH a real estate agent salesperson must have a permanent office in which
his/her license is displayed in order to collect a commission
C. Yes, while the statue of frauds forbids recovery on an oral agreement for the
conveyance of real property, NH la permits enforcement of an oral commission contract
under these facts.
D. No, state laws prohibit lawsuit to collect commission unles - ANSWER-D. No, state
laws prohibit lawsuit to collect commission unless the injured party is a licensed broker
and the license was in effect before the agreement was reached
If the Dept. of Health and Human Services has lead paint test conducted in a child's
dwelling and the test indicates there is lead, the dept. may issue
A. A warning of lead hazard to the owner of the building if the child is in a rented unit
, B. An order of lead hazard reduction to the parents of the child if it is an owner occupied
dwelling
C. A demand to abate to the owner of the property to remove all lead paint
D. An order of lead hazard reduction to the owner of the building when a build is in a
rental unit. - ANSWER-D. An order of lead hazard reduction to the owner of the building
when a build is in a rental unit.
The owner of a newly purchased residential property wishes to raise horses. There is
marsh in the area where he wishes to build the barn. The owner fills in about 100 feet of
marsh, but doe not touch the beaver dam which he believes caused the marshland in
the first place, and builds his barn. The owner :
A. can fill in the march completely as he believes that it was caused by overflow of
water caused by the beaver dam.
B. is in violation of the law if he did not get the required permits and may be required to
remove the building and the fill
C. was not in violation as long a he did not destroy the beaver dam and also placed a
retaining wall so there would be not more encroachment of the marshland
D. can do this because marshland is not considered wetland and no permits are
required to fill. - ANSWER-B. is in violation of the law if he did not get the required
permits and may be required to remove the building and the fill
Wells within how many fee of a dwelling must be covered or fenced in:
A. 150 ft
B. 250 ft.
C. 300 ft.
D. 500 ft. - ANSWER-D. 500 ft.
The purpose of planning and zoning in the state of NH includes all of the following
EXCEPT:
A. helping to meet the demands of growing and evolving communities
B. discouraging low and moderate income housing, thereby creating higher taxes and
more revenue
C. not discouraging home based day care
D. encouraging the appropriate and wise use of the land - ANSWER-B. discouraging
low and moderate income housing, thereby creating higher taxes and more revenue
A broker listed a water view property consisting of 6 acres and seasonal cottage
situated in very remote area. Although the property is not right on the water and has no
access to the water, it has a beautiful view of a very large lake about 175 feet away. A
buyer decides to offer full asking price. Regarding the site assessment, the broker:
A. needs to be sure that buyer signs a copy of the site assessment prior to signing the
purchase an sales agreement
B. is required to do nothing. A site assessment is not required when a property is not
located on the water
C. must ask the local building inspector to perform a site assessment for the seller
The NH Real Estate Commission:
A. has the authority to audit broker's escrow accounts with a 30 days notice
B. may never audit a broker' escrow account
C. requires the principal broker, upon licensure, to sign a permit allowing the
commission to audit
D. may only audit a broker's escrow account upon order of the courts - ANSWER-C.
requires the principal broker, upon licensure, to sign a permit allowing the commission
to audit
For which of the following acts would a licensee be subject to disciplinary action by the
NH Real Estate Commission?
A.Preserving real estate records for 7 years
B. Representing to any lender an amount in excess of the true and actual sales price
C. Depositing earnest money into the broker's escrow account
D. Providing info requested by the commission within 30 days of the request as part of a
complain or audit procedure. - ANSWER-B. Representing to any lender an amount in
excess of the true and actual sales price
3 weeks before N begins his real estate pre-licensing class, he offers to help his
neighbor sell her house. The neighbor agrees to pay N a 5% commission. An offer is
accepted while N is taking the class, and closes the day before N passes his exam and
receives his license. The neighbor refuses to pay N the agreed commission. Can N sue
to recover payment?
A. Yes, because N was formally enrolled in a course of study intended to result in a real
estate license at the time was procured and accepted, the commission agreement is
binding
B. No, in NH a real estate agent salesperson must have a permanent office in which
his/her license is displayed in order to collect a commission
C. Yes, while the statue of frauds forbids recovery on an oral agreement for the
conveyance of real property, NH la permits enforcement of an oral commission contract
under these facts.
D. No, state laws prohibit lawsuit to collect commission unles - ANSWER-D. No, state
laws prohibit lawsuit to collect commission unless the injured party is a licensed broker
and the license was in effect before the agreement was reached
If the Dept. of Health and Human Services has lead paint test conducted in a child's
dwelling and the test indicates there is lead, the dept. may issue
A. A warning of lead hazard to the owner of the building if the child is in a rented unit
, B. An order of lead hazard reduction to the parents of the child if it is an owner occupied
dwelling
C. A demand to abate to the owner of the property to remove all lead paint
D. An order of lead hazard reduction to the owner of the building when a build is in a
rental unit. - ANSWER-D. An order of lead hazard reduction to the owner of the building
when a build is in a rental unit.
The owner of a newly purchased residential property wishes to raise horses. There is
marsh in the area where he wishes to build the barn. The owner fills in about 100 feet of
marsh, but doe not touch the beaver dam which he believes caused the marshland in
the first place, and builds his barn. The owner :
A. can fill in the march completely as he believes that it was caused by overflow of
water caused by the beaver dam.
B. is in violation of the law if he did not get the required permits and may be required to
remove the building and the fill
C. was not in violation as long a he did not destroy the beaver dam and also placed a
retaining wall so there would be not more encroachment of the marshland
D. can do this because marshland is not considered wetland and no permits are
required to fill. - ANSWER-B. is in violation of the law if he did not get the required
permits and may be required to remove the building and the fill
Wells within how many fee of a dwelling must be covered or fenced in:
A. 150 ft
B. 250 ft.
C. 300 ft.
D. 500 ft. - ANSWER-D. 500 ft.
The purpose of planning and zoning in the state of NH includes all of the following
EXCEPT:
A. helping to meet the demands of growing and evolving communities
B. discouraging low and moderate income housing, thereby creating higher taxes and
more revenue
C. not discouraging home based day care
D. encouraging the appropriate and wise use of the land - ANSWER-B. discouraging
low and moderate income housing, thereby creating higher taxes and more revenue
A broker listed a water view property consisting of 6 acres and seasonal cottage
situated in very remote area. Although the property is not right on the water and has no
access to the water, it has a beautiful view of a very large lake about 175 feet away. A
buyer decides to offer full asking price. Regarding the site assessment, the broker:
A. needs to be sure that buyer signs a copy of the site assessment prior to signing the
purchase an sales agreement
B. is required to do nothing. A site assessment is not required when a property is not
located on the water
C. must ask the local building inspector to perform a site assessment for the seller
