New Hampshire Agency
Practice Questions & Answers (2026)

Agency law is one of the most tested subjects on the New Hampshire real estate exam, and it's also one of the most misunderstood. The New Hampshire Real Estate Commission expects licensees to understand the legal duties owed to clients vs. customers, and the specific timing of required disclosures under New Hampshire law. Study these questions carefully — candidates who rely on national agency frameworks and don't account for NH-specific rules are among the most common failures on the state portion.

Practice Questions

New Hampshire Agency — Practice Questions & Answers

133 questions on Agency from the New Hampshire real estate question bank. First 10 are free — sign up to unlock all 133.

Q1. In New Hampshire, which form is required to disclose agency relationships to buyers and sellers?

A.The Purchase and Sale Agreement
B.The Disclosure of Agency Relationship form
C.The New Hampshire Property Condition Disclosure
D.The Listing Agreement

Explanation

New Hampshire requires licensees to provide the Disclosure of Agency Relationship form to consumers at first meaningful contact to explain the agency options available.

Q2. A New Hampshire listing agent represents the seller. When a buyer without a buyer's agent contacts the listing agent, the listing agent may:

A.Automatically become a dual agent
B.Only provide the buyer with general market information
C.Act as a facilitator (transaction broker) assisting both parties without full agency for the buyer
D.Represent the buyer as a buyer's agent without additional disclosure

Explanation

A listing agent may act as a facilitator to assist an unrepresented buyer, but must clearly disclose this role and that their primary duty remains to the seller unless dual agency is agreed upon.

Q3. Which duty does a New Hampshire buyer's agent owe ONLY to the buyer and not to third parties?

A.Disclosure of known material defects
B.Loyalty and confidentiality
C.Honest representation of the property
D.Compliance with fair housing laws

Explanation

Loyalty and confidentiality are fiduciary duties owed exclusively to the client. Disclosure of material defects and compliance with fair housing laws are duties owed to all parties.

Q4. In New Hampshire, a buyer and seller who are both clients of the same brokerage but represented by different agents within that brokerage involves:

A.Dual agency requiring written consent
B.In-company (intra-firm) agency or designated agency
C.Transaction brokerage by default
D.A prohibited conflict of interest

Explanation

When two separate agents within the same firm represent the buyer and seller respectively, it is called in-company or designated agency. This is generally less problematic than true dual agency.

Q5. What is sub-agency in a real estate transaction?

A.When a salesperson works under a broker
B.When a cooperating broker/agent works on behalf of and owes duties to the listing broker's principal (the seller)
C.When a buyer hires multiple agents to compete for the best deal
D.When an agent acts as both agent and principal

Explanation

Sub-agency arises when a cooperating agent works in the transaction on behalf of the listing broker's client (the seller), owing fiduciary duties to the seller rather than the buyer they are assisting.

Q6. If a New Hampshire agent learns that their buyer client intends to use the property for an illegal purpose, the agent should:

A.Continue representing the client as long as the purchase is legal
B.Disclose this to the seller immediately
C.Refuse to participate and potentially terminate the agency relationship
D.Report it to the local police and continue the transaction

Explanation

An agent's duty of obedience does not extend to illegal instructions. If a client reveals an illegal intended use, the agent must refuse to facilitate it and may be required to terminate the agency relationship.

Q7. In New Hampshire, written buyer agency agreements are:

A.Prohibited by state law
B.Encouraged and establish the formal buyer-agent relationship
C.Required only for commercial transactions
D.Only valid if notarized

Explanation

While New Hampshire does not always mandate written buyer agency agreements, they are strongly encouraged to clearly define the duties, compensation, and duration of the buyer-agent relationship.

Q8. An agent who represents neither the buyer nor the seller but assists both parties in completing a transaction is called a:

A.Dual agent
B.Facilitator or transaction broker
C.Sub-agent
D.Designated agent

Explanation

A facilitator (transaction broker) assists both parties in a real estate transaction without representing either one as a fiduciary. They owe duties of honesty and disclosure but not full fiduciary loyalty.

Q9. Which of the following best describes 'informed consent' in the context of New Hampshire dual agency?

A.Both parties sign the purchase agreement
B.Both buyer and seller understand and voluntarily agree in writing to dual representation
C.The broker verbally explains dual agency at closing
D.The Commission approves the dual agency arrangement

Explanation

Dual agency in New Hampshire requires fully informed written consent from both the buyer and the seller. Both parties must understand what dual agency means and voluntarily agree to it.

Q10. An agent's duty of 'accounting' requires the agent to:

A.Prepare tax returns for the client
B.Keep accurate records of all funds and property received on behalf of the client
C.Audit the seller's financial statements
D.Provide the client with monthly brokerage financial reports

Explanation

The duty of accounting requires an agent to keep careful records of all client funds and property entrusted to them, and to provide an accurate accounting when requested.

Q11. A seller's agent in New Hampshire must disclose to a prospective buyer:

A.The seller's minimum acceptable price
B.Known material defects in the property
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