New Hampshire License Law
When a NH salesperson leaves a brokerage, the employing broker must:
AImmediately surrender the salesperson's license to the NHREC
BNotify the NHREC of the license transfer or termination and release the salesperson from affiliation✓ Correct
CKeep the salesperson's license on file for 5 years
DReport the separation to the county registry of deeds
Explanation
When a salesperson-broker relationship ends, the broker must notify the NHREC of the change in affiliation. The salesperson's license is then in inactive status until they affiliate with a new broker.
Related New Hampshire New Hampshire License Law Questions
- A NH real estate licensee who wishes to work in another state must:
- A New Hampshire real estate salesperson may NOT:
- A New Hampshire broker who discovers a salesperson in their firm has committed fraud must:
- A NH broker who co-lists a property with another broker must ensure that the co-listing agreement:
- A NH licensee who fails to disclose a known material defect in a property may face which consequences?
- Which of the following best describes the 'first substantive contact' requirement in New Hampshire?
- In New Hampshire, which of the following must be included in a brokerage's written company policy?
- Under NH law, which of the following requires a real estate license?
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 →