Agency
A NH agent who is also a licensed mortgage broker should disclose this dual role to a buyer client because:
AAll licensed activities must be disclosed on tax returns
BIt creates a potential conflict of interest — the agent may benefit financially from the financing choice they recommend✓ Correct
CThe NHREC requires disclosure of all professional licenses
DIt is required by the NH Banking Department only
Explanation
A dual role as real estate agent and mortgage broker creates a potential conflict of interest. The agent may be tempted to recommend the financing option that maximizes their mortgage commission rather than the buyer's best interest.
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