New Hampshire License Law
Under NH RSA 331-A, a real estate licensee may NOT receive compensation from both the buyer and seller in the same transaction unless:
AThe commission is split 50/50
BBoth parties provide informed written consent✓ Correct
CNHREC grants a special waiver
DThe transaction involves a property over $1 million
Explanation
Receiving compensation from both parties (the buyer and the seller) in the same transaction creates a dual agency situation. NH law requires that both parties provide informed written consent before a licensee may accept compensation from both sides. Failure to disclose and obtain consent is a violation of license law.
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