New Hampshire License Law
Under NHREC rules, a NH broker who wishes to close their brokerage must:
ASimply let all licenses expire
BNotify the NHREC, properly handle client funds, and transfer or terminate all listings✓ Correct
COnly notify clients with active transactions
DTransfer all files to a competing broker without notice
Explanation
Closing a brokerage requires proper procedures: notifying the NHREC, disbursing or transferring trust account funds properly, informing clients of active transactions, and handling all regulatory obligations.
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