New Hampshire Real Estate Exam Practice Questions

Preparing for the New Hampshire real estate exam means mastering both the national portion and the state-specific content. The PSI exam consists of 80 national questions and 40 state-specific questions for a total of 120 questions. You must score at least 70% — that is 84 correct answers — to pass.

Sample National Questions

Question 1: A buyer's agent represents a purchaser in a transaction. The seller has no agent. Which statement best describes the buyer's agent's duty?

A) Owe full fiduciary duties to the seller B) Owe full fiduciary duties to the buyer only C) Must treat both parties equally as customers D) Must disclose all buyer information to the seller

Answer: B. A buyer's agent owes full fiduciary duties — loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting — to the buyer alone. The seller is treated as a customer.

Question 2: Which type of listing gives the seller the right to sell the property themselves without owing a commission?

A) Exclusive right to sell B) Exclusive agency C) Open listing D) Net listing

Answer: B. Under an exclusive agency listing, the broker earns a commission if they or another broker produces the buyer — but not if the owner sells on their own.

Sample New Hampshire State Questions

Question 3: Under New Hampshire law (RSA Chapter 331-A), how many hours of pre-license education must a salesperson candidate complete?

A) 75 hours B) 90 hours C) 40 hours D) 60 hours

Answer: C. New Hampshire requires only 40 hours of pre-license education for salesperson candidates — one of the lowest requirements in the country.

Question 4: The New Hampshire Real Estate Transfer Tax is paid by:

A) The seller only B) The buyer only C) Both buyer and seller, each paying $0.75 per $100 of consideration D) Neither party — NH has no transfer tax

Answer: C. New Hampshire imposes a real estate transfer tax of $0.75 per $100 of consideration on both buyer and seller, for a combined effective rate of $1.50 per $100.

Question 5: Which of the following is required in New Hampshire for residential real estate transactions?

A) A written listing agreement filed with the OPLC B) A seller's property disclosure statement C) A mandatory 3-day attorney review period D) Title insurance for all transactions

Answer: B. NH law requires sellers to provide a Seller's Disclosure Statement in residential transactions, giving buyers information about the property's known condition.

How to Use Practice Questions Effectively

The best approach to exam prep is spaced repetition — practice questions on Day 1, review wrong answers on Day 2, and repeat. Focus on:

NH-specific agency law — written buyer agency agreements are required
Transfer tax math — practice calculating both sides
License law under RSA 331-A — know the NH Real Estate Commission structure (9 members) and CE requirements (15 hours every 2 years)
Fair housing — NH adds marital status, sexual orientation, gender identity, age, and military status to federal protections

Use timed practice sessions to simulate the 3-hour exam window. If you consistently score above 75% on practice sets, you are well prepared for the real thing.

For more state-specific exam prep, visit [CARealestate.com/states/new-hampshire](https://carealestate.com/states/new-hampshire).

New Hampshire Real Estate Exam Practice Questions