New Hampshire License Law
NH RSA 331-A defines 'real estate brokerage' to include which of the following activities for compensation?
AOnly the sale of new construction homes
BSelling, buying, exchanging, leasing, managing, and negotiating real property transactions on behalf of another✓ Correct
COnly residential property transactions
DOnly commercial property transactions over $500,000
Explanation
NH RSA 331-A broadly defines real estate brokerage to include selling, buying, exchanging, leasing, renting, managing, and negotiating real property transactions for others for compensation. This broad definition means that property managers, commercial brokers, and residential agents all fall under NHREC's jurisdiction.
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