(a) Applicants for renewal of a broker's
license shall complete and submit a "Broker Renewal" form, revised 9/2019, if
submitting a paper renewal, and an "Online Broker Renewal" form, effective
[insert effective date], if submitting an online renewal, and
include the following:
(1) If the applicant
answered "yes" to questions 1-5 on the "Broker Renewal" form or the "Online
Broker Renewal" form, a sheet of paper attached to the application giving full
details and an explanation;
(2) If
the applicant is a principal broker, the applicant's signature after the
following certification:
"As a principal broker, pursuant to RSA 331-A:13, V, I hereby
give permission to the Real Estate Commission to audit the escrow account or
accounts. I attest that I have read the forgoing statement and affixed my
signature below:"
(3) For
all applicants, the applicant's signature after the following certification:
"I have read and understand the state statutes 331-A and the
administrative rules. I attest that the information contained in this form is
true and correct to the best of my knowledge and belief and I further
acknowledge that the provision of materially false information in the
application knowingly provided is a basis for denial and if it is discovered
after the license is issued, is a basis for disciplinary action by the
board:"
(4) If the
applicant is a principal broker or managing broker, a copy of a a surety bond
in the sum of $25,000 to run concurrently with the dates of licensure, executed
by the applicant and by a surety company authorized to do business in the state
of New Hampshire.
(b)
Applicants seeking renewal as an associate broker under (a) above or as a
salesperson under (c) below shall have their principal broker complete and
submit the appropriate sections of the relevant form, which shall include an
attestation by the principal broker that the renewal applicant is, to the best
of the principal broker's knowledge, of good moral character and is
trustworthy, indicated by principle broker's signature under the following
certification:
"Upon receipt of the license herein applied for, the above
named applicant will be employed by me or will otherwise be under contract with
me to perform services as a real estate licensee, and will work under my
supervision. I will display his/her license prominently at my place of
business, and when he/she leaves my employ I will immediately notify the New
Hampshire Real Estate Commission within 5 days, as required by RSA 331-A:17, IV.
To the best of my knowledge the applicant is of good moral
character and is trustworthy."
(c) Applicants for renewal of a salesperson's
license shall complete and submit a "Real Estate Salesperson Renewal" form,
revised 9/2019
,if submitting a paper renewal, and an "Online
Salesperson Renewal" form,effective
[insert effective date], if
submitting an online renewal, and include the following:
(1) If the applicant answered "yes" to
questions 1-5 on the "Real Estate Salesperson Renewal" form or the "Online
Salesperson Renewal" form, a sheet of paper attached to the application giving
full details and an explanation; and
(2) The applicant's signature after the
following certification:
"I have read and understand the state statutes 331-A and the
administrative rules. I attest that the information contained in this form is
true and correct to the best of my knowledge and belief and I further
acknowledge that the provision of materially false information in the
application knowingly provided is a basis for denial and if it is discovered
after the license is issued, is a basis for disciplinary action by the
board:"
(d) The
online forms described in (a) and (b) above may be accessed at .
(e) All broker and salesperson renewal
applicants shall complete continuing education requirements pursuant to
Rea 403.01.
(f) Each licensee who is
applying to have her or his license placed on active status shall submit a
continuing education certificate pursuant to
RSA 331-A:19, containing the
following:
(1) Name, address, license number,
and signature of renewal applicant;
(2) Name and location of continuing education
program;
(3) Date and number of
credit hours obtained; and
(4) Name
of program instructor.
(g) Principal broker and managing broker
applicants shall submit to the commission a surety bond in the sum of at least
$25,000 to run concurrently with the dates of licensure, executed by the
applicant and by a surety company authorized to do business in the state of New
Hampshire.
(h) All applicants for
renewal of a broker license as a firm shall complete and submit a "Real Estate
Commission Firm Renewal" form, revised 9/2019 and attach the firm's certificate
of good standing from the secretary of state. If the applicant is a
non-resident, the applicant shall include on the application a signed
irrevocable consent and power of attorney statement, as required by RSA 331-A:22, II.
(i) All applicants
for renewal of a broker license as a firm branch shall complete and submit a
"Firm Branch Renewal" form, revised 9/2019 and attach the firm's certificate of
good standing from the secretary of state. If the applicant is a non-resident,
the applicant must include on the application a signed irrevocable consent and
power of attorney statement, as required by RSA 331-A:22, II.
Notes
N.H. Code Admin. R. Rea 401.01
#2130, eff 8-30-82; amd by #2474, eff 9-12-83; ss by #2847,
eff 9-19-84, EXPIRED: 9-19-90
New. #5573, eff 2-11-93; amd by
#6718, eff 3-24-98; amd by #7163, INTERIM, eff 12-18-99, EXPIRED:
4-16-00
New. #7265, eff 5-6-00; ss by
#7521, eff 6-28-01; ss by #9301, eff
10-22-08
Amended by
Volume
XXXVII Number 28, Filed July 13, 2017, Proposed by #12213,
Effective 6/18/2017,
Expires 6/18/2027.
Amended by
Volume
XL Number 7, Filed February 13, 2020, Proposed by #12977-B,
Effective 1/23/2020,
Expires 1/23/2020
