New Hampshire License Law
A NH real estate broker's license may be revoked for which of the following?
ALosing a listing to a competing broker
BConversion of client trust funds for personal use✓ Correct
CPricing a property too high
DRefusing to work with a difficult client
Explanation
Conversion of client trust funds (misappropriating earnest money or security deposits for personal use) is a serious violation of RSA 331-A that may result in license revocation and criminal prosecution.
Related New Hampshire New Hampshire License Law Questions
- Conversion of client funds by a New Hampshire broker involves:
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