Contracts
A NH seller's acceptance of an offer that is transmitted by email is valid when:
AThe email is opened by the buyer
BThe seller sends the signed acceptance email — transmission is effective upon sending✓ Correct
CThe broker confirms receipt
DThe email is printed and physically delivered
Explanation
Under the electronic signatures and transactions statutes, email transmission of a signed acceptance is generally effective upon sending. NH and federal e-signature laws (ESIGN Act, NH RSA 294-E) recognize electronic signatures and transmissions.
People Also Study
Related New Hampshire Questions
- A NH seller accepts a buyer's offer and signs the acceptance. Before the signed acceptance is communicated to the buyer, the seller calls the buyer's agent and orally revokes the acceptance. Under NH law:Contracts
- A NH buyer's offer is made 'contingent upon the buyer obtaining satisfactory financing within 21 days.' The seller accepts. On day 20, the buyer receives a loan approval with a rate they find too high. The buyer may:Contracts
- New Hampshire uses a 'Purchase and Sale Agreement' as the primary real estate contract. For it to be valid, consideration must be:Contracts
- In New Hampshire, an offer to purchase becomes a binding contract when:Contracts
Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
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 →