N.H. Code Admin. R. Rea 101.01 - Terms Used in Rules
(a) All terms used in these rules shall have
the same meaning as set forth in RSA 331-A:2 or as used elsewhere in RSA 331-A.
(b) "Client" means a person
represented by a real estate licensee, engaged in an agency
relationship.
(c) "Commission"
means "commission" as defined in RSA 331-A:2, IV and the term includes
alternates appointed, pursuant to RSA 331-A.
(d) "Commission administrator" means the
staff member assigned to oversee administrative tasks of the commission,
including but not limited to informal disposition pursuant to Rea 204.06.
(e) "Complaint" means to
allege sufficient facts which, if true, would violate the real estate practice
act or code of administrative rules adopted by the board.
(f) "Customer" means a person without
representation by a licensee.
(g)
"Firm" means any sole proprietorship, partnership, association, corporation,
limited liability company, or other business association engaged in the sale or
lease of real estate or which employs licensees under this chapter.
(h) "Kickback" means any commission, fee or
other consideration, pursuant to RSA 331-A:26, XXI.
(i) "Rebate" means any commission, fee or
other consideration, pursuant to RSA 331-A:26, XXI.
(j) "Trade name" means a name used by a
person or firm to identify a business.
(k) "Valuable consideration" means anything
of value exceeding $100.
Notes
#2130, eff 8-30-82; ss by #2847, eff 9-19-84, EXPIRED: 9-19-90
New. #5567, eff 2-11-93, EXPIRED: 2-11-99
New. #7160, INTERIM, eff 12-18-99, EXPIRED: 4-16-00
New. #7262, eff 5-6-00; ss by #7518, eff 6-28-01; ss by #8830, eff 5-1-07
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.