Agency
A NH listing agent who is also a licensed attorney may provide legal advice to the seller regarding the transaction. However, the agent should be aware that:
ABeing a licensed attorney automatically eliminates all conflict of interest concerns
BThey must be careful to avoid conflicts between their duties as attorney and as real estate licensee, and must clearly delineate both roles✓ Correct
CNH law prohibits attorneys from also holding real estate licenses
DLegal advice as an attorney is exempt from real estate license law
Explanation
A licensee who is also an attorney must carefully manage the dual roles—the duties owed as a real estate agent and as an attorney may not always align. Clear communication about which capacity they are acting in at any given time, and avoidance of conflicts of interest, are essential.
Related New Hampshire Agency Questions
- A NH real estate agent discovers that the property they are listing has foundation issues not disclosed by the seller. The agent should:
- An agent who places personal financial interests above the client's interests violates the duty of:
- What is sub-agency in a real estate transaction?
- Which of the following is NOT a fiduciary duty owed by an agent to their client?
- A NH agent who learns their buyer client is under criminal investigation should:
- A NH real estate salesperson who obtains listings and conducts business in their own name without disclosing affiliation with a licensed broker is:
- An agent's duty of obedience requires the agent to:
- A NH seller asks their listing agent to tell buyers there is 'nothing wrong with the property' even though the agent knows the property has a history of flooding. The agent should:
Practice More New Hampshire Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Hampshire Quiz →