New Hampshire Practice TestProperty Management

New Hampshire Property Management
Practice Questions & Answers (2026)

Property management questions on the New Hampshire exam cover both the practical aspects of managing rental properties and the landlord-tenant law specific to New Hampshire. The New Hampshire Real Estate Commission tests security deposit limits, required notice periods for entry and termination, habitability standards, and the property manager's fiduciary duties. New Hampshire's landlord-tenant law has specific provisions — including notice requirements and tenant protections — that differ from what national study materials cover. These questions often involve scenarios where a property manager must navigate competing obligations to the owner-client and the tenant.

Practice Questions

New Hampshire Property Management — Practice Questions & Answers

107 questions on Property Management from the New Hampshire real estate question bank. First 10 are free — sign up to unlock all 107.

Q1. A New Hampshire property manager who collects rents and negotiates leases on behalf of another must hold a:

A.Property management certificate from the NHREC
B.Real estate broker's or salesperson's license
C.NH business license from the Secretary of State only
D.No license is required for property management

Explanation

Under RSA 331-A, collecting rents and negotiating leases on behalf of others for compensation constitutes real estate brokerage activity in NH, requiring a broker's or salesperson's license.

Q2. Under the New Hampshire Landlord-Tenant Act (RSA 540), the maximum security deposit a landlord may collect is:

A.One month's rent
B.Two months' rent or $100, whichever is greater
C.Three months' rent
D.There is no statutory limit

Explanation

RSA 540-A:6 limits security deposits to one month's rent or $100, whichever is greater. This protects tenants from excessive upfront costs.

Q3. A New Hampshire landlord must return a security deposit within how many days after the tenancy ends?

A.14 days
B.21 days
C.30 days
D.45 days

Explanation

Under RSA 540-A, a New Hampshire landlord must return the security deposit (or a written itemized accounting of deductions) within 30 days of the tenant vacating the unit.

Q4. A gross lease requires the tenant to pay:

A.A base rent plus all operating expenses
B.A fixed rent with the landlord paying operating expenses
C.Only a percentage of their sales revenue
D.Property taxes and insurance but not maintenance

Explanation

Under a gross lease, the tenant pays a fixed rent and the landlord pays all operating expenses (taxes, insurance, maintenance). This is common in residential rentals.

Q5. A net lease (NNN) requires the commercial tenant to pay:

A.Base rent only, with the landlord paying all expenses
B.Base rent plus property taxes, insurance, and maintenance (triple net)
C.Only utilities and maintenance
D.A percentage of gross revenue

Explanation

A triple net (NNN) lease requires the tenant to pay base rent plus the three 'nets': property taxes, building insurance, and maintenance costs. It is common in commercial real estate.

Q6. To evict a tenant in New Hampshire for nonpayment of rent, the landlord must first:

A.Immediately change the locks
B.Serve a written notice to quit (eviction notice) as required by RSA 540
C.File directly with the Superior Court
D.Contact the NHREC

Explanation

Under RSA 540, a landlord must serve a proper written eviction notice (notice to quit) before filing for eviction (an unlawful detainer action) in Landlord-Tenant Court.

Q7. A property manager's primary fiduciary duty is owed to:

A.The tenants of the building
B.The property owner (principal)
C.The municipality where the property is located
D.The NHREC

Explanation

The property manager acts as an agent for the property owner and owes fiduciary duties — loyalty, disclosure, care, obedience, and accounting — to the owner as the principal.

Q8. Self-help eviction — such as changing locks or removing a tenant's belongings — is:

A.Permitted in New Hampshire if the lease allows it
B.Illegal in New Hampshire; landlords must use the court process
C.Permitted for commercial properties only
D.Allowed only when the tenant is more than 60 days behind on rent

Explanation

Self-help eviction is illegal in New Hampshire. Landlords must follow the statutory eviction process under RSA 540 and obtain a court order (writ of possession) before physically removing a tenant.

Q9. A property management agreement typically includes:

A.Only the manager's compensation structure
B.Management duties, authority, compensation, duration, and termination provisions
C.The tenant's lease terms
D.The property's assessed value

Explanation

A comprehensive property management agreement should cover the scope of management duties, the manager's authority (signing leases, spending limits), compensation, term of the agreement, and how either party may terminate.

Q10. In New Hampshire's Lakes Region, vacation rental properties present unique management challenges because:

A.They are exempt from all state landlord-tenant laws
B.They experience highly seasonal demand, higher turnover, and may be subject to short-term rental regulations
C.They cannot be listed on MLS
D.They require federal permits for any rental activity

Explanation

Vacation and seasonal rental properties in NH's Lakes Region face high seasonal demand (summer/fall), rapid tenant turnover, maintenance challenges, and increasing local regulation of short-term rentals (STRs).

Q11. A New Hampshire commercial lease tenant improvement allowance (TIA) refers to:

A.A reduction in the tenant's monthly rent
B.Money the landlord provides to help the tenant build out or customize the leased space
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