Contracts
A New Hampshire listing agreement is a contract between the seller and:
AThe salesperson personally
BThe salesperson's employing broker✓ Correct
CThe MLS
DThe buyer's broker
Explanation
A listing agreement is a contract between the seller and the employing broker (not the individual salesperson). The salesperson acts on behalf of the broker.
Related New Hampshire Contracts Questions
- Which of the following would make a real estate contract voidable in New Hampshire?
- Under NH law, a real estate 'option agreement' requires the optionor (seller) to keep the offer open for the option period. The consideration paid for the option:
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- A NH buyer's offer to purchase includes an earnest money deposit of $10,000. If the seller accepts and the buyer later defaults without legal justification, the deposit:
- A NH purchase and sale agreement includes a 'force majeure' clause. This clause typically addresses:
- A NH contract for the sale of real estate that is 'void' differs from one that is 'voidable' in that:
- A NH listing agreement is best described as:
- Under NH law, which type of listing agreement provides the broker with the most protection and is the most commonly used?
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