Agency
A NH real estate broker who represents both the buyer and the seller in the same transaction without proper disclosure and consent is guilty of:
ALegal designated agency
BUndisclosed dual agency, which is a violation of agency law and NHREC rules✓ Correct
CSubagency with limited liability
DTransaction brokerage by default
Explanation
Undisclosed dual agency—representing both buyer and seller without their informed written consent—is a serious violation of fiduciary duties and NHREC regulations. In NH, dual agency requires disclosure and consent from both parties. Undisclosed dual agency can result in license revocation and civil liability.
Related New Hampshire Agency Questions
- A NH real estate agent shows a buyer a property and the buyer makes an offer. The seller accepts. The agent then tells the seller the buyer would have paid more. This violates the agent's duty of:
- A NH agent who is also a licensed mortgage broker should disclose this dual role to a buyer client because:
- A NH seller's agent who knows the buyer has already exceeded their stated price limit has what duty?
- NH law requires real estate licensees to disclose agency relationships to all parties in a transaction. When must this disclosure first occur?
- In a NH buyer's agent scenario, when the buyer asks the agent 'What's the lowest amount the seller will accept?', the agent should respond:
- A NH listing agent's duty to disclose known property defects extends to:
- A NH buyer's broker who learns during the transaction that the seller is going through a divorce and is under financial pressure must:
- In New Hampshire, an agent may represent a buyer as a customer (non-client) rather than a client. As a customer, the buyer receives:
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 →