Lisa is a licensed salesperson in Massachusetts and wants to obtain a New Hampshire real estate license without completing the full 40-hour pre-license education. She has been licensed in Massachusetts for four years and is in good standing. Under New Hampshire's reciprocity provisions, which statement BEST describes her options?
Correct Answer
A) Lisa may be eligible for a waiver of the pre-license education requirement but must still pass the New Hampshire state portion of the licensing exam.
New Hampshire has reciprocity agreements with several states, including Massachusetts. Under these agreements, licensees in good standing from a reciprocal state may be eligible to waive the pre-license education requirement. However, New Hampshire still requires all reciprocal applicants to pass the New Hampshire state portion of the licensing examination. This ensures that out-of-state licensees demonstrate knowledge of NH-specific laws, regulations, and practices. Lisa would need to pass the NH state exam but could potentially be exempt from the 40-hour pre-license course.
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Related Topics & Key Terms
Key Terms:
Related Concepts
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
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