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New Hampshire Real Estate Broker — Requirements & Free Practice

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Associate Real Estate Broker License

An associate broker is licensed as a real estate broker and operates under a principal broker's supervision; associate brokers are excluded from the principal/managing broker surety-bond requirement.

Licensing authority: new hampshire real estate commission · Application information

Initial licensure by examination with equivalent experience
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
Commission-approved experience equivalent to one year full-time or 2,000 hours part-time; submit the Equivalent Experience Form to One Years Service as a Licensed Salesperson under Rea 301.03(j), including supporting evidence.
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Initial licensure by examination
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reinstatement: Expired more than six months but less than one year
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(b) calls for a forty-hour prelicensing course certificate and a written good-cause explanation (serious accident, illness or circumstances beyond the applicant's control).
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired more than six months but less than one year; no practice is permitted until reinstatement.
Historical Cross Reference
Rea 401.02(b) still references repealed RSA 331-A:18 II and Rea 302.04(g). RSA 310:8 and Plc 312.02 now govern reinstatement of an expired license; the Commission's stated course and good-cause demands remain applicant conditions.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
Reinstatement: Expired not more than six months
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(a) requires nine additional accredited continuing-education hours, which cannot be reused for later renewals.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired not more than six months; no practice is permitted until reinstatement.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
New license after lapse
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior License
License expired one year or longer; submit a new initial application and satisfy all education, examination and application requirements under Rea 401.02(c). RSA 310:8 prohibits reinstatement of a lapsed license; Plc 312.03 requires initial licensure.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reactivation after reserve or National Guard active duty
No examination is required for this applicant pathway.
Application
Submit the Request for License Reactivation form; if the prior term expired, provide renewal fees and current continuing-competence documentation as required by RSA 310:8 V and Plc 307.07.
Military Status
Existing license was made inactive after a reserve-component or National Guard call to active duty; request reactivation within one year of release.
New Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.

Official no-examination sources

Effective from 2026-09-22.

Reactivation from voluntary inactive status
No examination is required for this applicant pathway.
Education
Complete the core course and twelve elective hours required by Rea 403.01 for activation.
Forms
Submit Transfer/Activation and any Change of Broker Status forms under Rea 404.02.
Inactive License
Existing broker license on inactive status; request active status and demonstrate compliance with continuing education in the previous biennium under RSA 331-A:12-b II.
New Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Licensure by recognition: qualifying national and state examinations
Bulletin General Statement
The July 1, 2025 PSI bulletin states generally that broker applicants must pass national and state portions, but RSA 331-A:11-a expressly allows this recognition applicant to pass only the New Hampshire portion. The statutory recognition provision controls.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing national and state examinations in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Licensure by recognition: qualifying state examination only
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Checklist Conflict
OPLC's initial checklist states 'National Examination Results (Non-Reciprocal applicants ONLY)', while RSA 331-A:11-a requires both portions when the qualifying license was issued after only a state examination. The statutory requirement controls.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing only a state examination in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Biennial renewal
No examination is required for this applicant pathway.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Renew the existing broker license within its two-year term; no new initial issuance is sought.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
New license after revocation
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Revocation
Apply for initial licensure under Plc 312.05; satisfy all revocation-order terms, waiting periods and continuing-competence requirements for the preceding two-year period, and pay all outstanding penalties and assessed costs. Board review may deny the application or impose conditions.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Change of broker license type
No examination is required for this applicant pathway.
Existing License
Already holds a duly licensed broker credential; submit the Change of Broker Status form, wall license and pocket card, and the Transfer/Activation form under Rea 404.02(b)(6).
New Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.

Official no-examination sources

Effective from 2026-09-22.

New license after missing the suspension restoration window
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Associate broker works under a principal broker's supervision; submit broker affiliation form. The principal/managing broker surety-bond requirement excludes associate brokers.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Missed Restoration Window
Previously suspended license; the applicant did not request restoration or reinstatement within Plc 312.04(a)'s period and must apply for initial licensure under Plc 312.04(d), satisfying current initial education and examination requirements.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Demonstrate compliance with the suspension order and plan of correction, required continuing-competence activities, monetary penalties and any assessed suspension costs. Board-imposed individual conditions remain applicant conditions.
Conditional Restoration
Plc 312.04(c) permits conditional restoration or reinstatement after notice and an opportunity to be heard; it does not identify an additional examination.
Expired License
If expired but not lapsed, use the reinstatement application and continuing-education requirements; if the statutory window is missed, a new initial-license application is required.
Prior License
Previously suspended broker license; request restoration within thirty days after the suspension term ends and before license expiration, or request reinstatement within the applicable one-year expiration window.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.

Real Estate Broker Firm License

Entity or branch license, distinct from the responsible individual's broker license; issued through the applicable firm application and responsible licensed broker.

Licensing authority: New Hampshire Real Estate Commission · Application information

Reinstatement of an expired firm or branch license
No examination is required for this applicant pathway.
Expired License
The entity must not operate until reinstatement; apply through the renewal process and maintain the entity documentation and responsible licensed broker required for firm or branch renewal.
Time Window
RSA 310:8 limits reinstatement to an expired license that has not lapsed; lapse requires a new license.
Initial licensure of a corporation organized outside New Hampshire
No examination is required for this applicant pathway.
Corporation
Register the corporation with the New Hampshire Secretary of State under RSA 293-A.
Responsible Broker
The licensed principal broker files the Firm Application, notarized signature and power of attorney, together with the current corporate certificate.
Initial firm or branch licensure
No examination is required for this applicant pathway.
Application
Submit the Firm Application or Firm Branch Application; the individual broker's qualification is an applicant condition for this entity, not an examination taken by the entity.
Entity
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Nonresident
Submit irrevocable consent to service of process if the applicant is a nonresident.
Responsible Broker
Designate a duly licensed principal broker for a firm; a branch must be designated and supervised by a licensed managing broker under its principal broker.
New firm or branch license after lapse
No examination is required for this applicant pathway.
Secretary Of State
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Application
Submit the Firm Application or Firm Branch Application; the individual broker's qualification is an applicant condition for this entity, not an examination taken by the entity.
Entity
Existing entity license lapsed after one year; seek a new entity license with current firm documentation and a responsible licensed principal/managing broker.
Biennial firm or branch renewal
No examination is required for this applicant pathway.
Application
Submit the Firm Renewal or Firm Branch Renewal form, applicable fee and any nonresident consent; maintain the duly licensed responsible principal or managing broker.
Entity
Maintain the entity's Secretary of State good-standing certificate.

Official no-examination sources

Effective from 2026-09-22.

New entity license after revocation or missed restoration window
No examination is required for this applicant pathway.
Compliance
Meet all applicable conditions, waiting periods, penalties and costs under Plc 312.04-312.05, and all current entity licensing requirements.
Entity
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Previous License
Previously revoked entity license, or a suspended license for which the restoration period was missed; submit a new entity application.
Responsible Broker
Designate a duly licensed principal broker for a firm; a branch must be designated and supervised by a licensed managing broker under its principal broker.

Official no-examination sources

Effective from 2026-09-22.

Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Meet all order and corrective-plan conditions, pay required penalties and costs, and maintain the firm's responsible licensed broker and registration; expired entities also complete reinstatement requirements.
Previous License
Previously suspended entity license; request restoration or reinstatement under Plc 312.04 within the specified period.

Real Estate Broker Firm or Branch License

Entity or branch license, distinct from the responsible individual's broker license; issued through the applicable firm application and responsible licensed broker.

Licensing authority: New Hampshire Real Estate Commission · Application information

Reinstatement of an expired firm or branch license
No examination is required for this applicant pathway.
Expired License
The entity must not operate until reinstatement; apply through the renewal process and maintain the entity documentation and responsible licensed broker required for firm or branch renewal.
Time Window
RSA 310:8 limits reinstatement to an expired license that has not lapsed; lapse requires a new license.
Initial firm or branch licensure
No examination is required for this applicant pathway.
Application
Submit the Firm Application or Firm Branch Application; the individual broker's qualification is an applicant condition for this entity, not an examination taken by the entity.
Entity
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Nonresident
Submit irrevocable consent to service of process if the applicant is a nonresident.
Responsible Broker
Designate a duly licensed principal broker for a firm; a branch must be designated and supervised by a licensed managing broker under its principal broker.
New firm or branch license after lapse
No examination is required for this applicant pathway.
Secretary Of State
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Application
Submit the Firm Application or Firm Branch Application; the individual broker's qualification is an applicant condition for this entity, not an examination taken by the entity.
Entity
Existing entity license lapsed after one year; seek a new entity license with current firm documentation and a responsible licensed principal/managing broker.
Biennial firm or branch renewal
No examination is required for this applicant pathway.
Application
Submit the Firm Renewal or Firm Branch Renewal form, applicable fee and any nonresident consent; maintain the duly licensed responsible principal or managing broker.
Entity
Maintain the entity's Secretary of State good-standing certificate.

Official no-examination sources

Effective from 2026-09-22.

New entity license after revocation or missed restoration window
No examination is required for this applicant pathway.
Compliance
Meet all applicable conditions, waiting periods, penalties and costs under Plc 312.04-312.05, and all current entity licensing requirements.
Entity
Register the firm or applicable name with the New Hampshire Secretary of State and submit the required certificate.
Previous License
Previously revoked entity license, or a suspended license for which the restoration period was missed; submit a new entity application.
Responsible Broker
Designate a duly licensed principal broker for a firm; a branch must be designated and supervised by a licensed managing broker under its principal broker.

Official no-examination sources

Effective from 2026-09-22.

Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Meet all order and corrective-plan conditions, pay required penalties and costs, and maintain the firm's responsible licensed broker and registration; expired entities also complete reinstatement requirements.
Previous License
Previously suspended entity license; request restoration or reinstatement under Plc 312.04 within the specified period.

Inactive Real Estate Broker License

Broker license preserved on inactive status; brokerage activity and compensated referrals while inactive are prohibited. Initial examination qualifications still apply. No business-location or principal/managing bond requirement while inactive.

Licensing authority: nh real estate commission · Application information

Initial licensure by examination with equivalent experience
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
Commission-approved experience equivalent to one year full-time or 2,000 hours part-time; submit the Equivalent Experience Form to One Years Service as a Licensed Salesperson under Rea 301.03(j), including supporting evidence.
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Initial licensure by examination
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reinstatement: Expired more than six months but less than one year
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(b) calls for a forty-hour prelicensing course certificate and a written good-cause explanation (serious accident, illness or circumstances beyond the applicant's control).
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course; the additional twelve elective hours apply when returning to active status.
Current License
Expired more than six months but less than one year; no practice is permitted until reinstatement.
Historical Cross Reference
Rea 401.02(b) still references repealed RSA 331-A:18 II and Rea 302.04(g). RSA 310:8 and Plc 312.02 now govern reinstatement of an expired license; the Commission's stated course and good-cause demands remain applicant conditions.
Role Requirements
No place-of-business or principal/managing surety bond is required while inactive.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
Reinstatement: Expired not more than six months
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(a) requires nine additional accredited continuing-education hours, which cannot be reused for later renewals.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course; the additional twelve elective hours apply when returning to active status.
Current License
Expired not more than six months; no practice is permitted until reinstatement.
Role Requirements
No place-of-business or principal/managing surety bond is required while inactive.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
New license after lapse
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior License
License expired one year or longer; submit a new initial application and satisfy all education, examination and application requirements under Rea 401.02(c). RSA 310:8 prohibits reinstatement of a lapsed license; Plc 312.03 requires initial licensure.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Inactive status for military activation
No examination is required for this applicant pathway.
Existing License
Member of a reserve component of the U.S. armed forces or National Guard called to active duty; submit the Request for Inactive Status - Military Activation form under Plc 307.06.
Return
May request reactivation within one year after release under RSA 310:8 V and Plc 307.07.

Official no-examination sources

Effective from 2026-09-22.

Licensure by recognition: qualifying national and state examinations
Bulletin General Statement
The July 1, 2025 PSI bulletin states generally that broker applicants must pass national and state portions, but RSA 331-A:11-a expressly allows this recognition applicant to pass only the New Hampshire portion. The statutory recognition provision controls.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing national and state examinations in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Licensure by recognition: qualifying state examination only
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Checklist Conflict
OPLC's initial checklist states 'National Examination Results (Non-Reciprocal applicants ONLY)', while RSA 331-A:11-a requires both portions when the qualifying license was issued after only a state examination. The statutory requirement controls.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing only a state examination in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Biennial renewal
No examination is required for this applicant pathway.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course; the additional twelve elective hours apply when returning to active status.
Current License
Renew the existing broker license within its two-year term; no new initial issuance is sought.
Role Requirements
No place-of-business or principal/managing surety bond is required while inactive.
New license after revocation
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Revocation
Apply for initial licensure under Plc 312.05; satisfy all revocation-order terms, waiting periods and continuing-competence requirements for the preceding two-year period, and pay all outstanding penalties and assessed costs. Board review may deny the application or impose conditions.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
New license after missing the suspension restoration window
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Apply to preserve a broker license without engaging in brokerage or compensated referrals. Inactive status does not require a business location or a principal/managing broker surety bond; Commission employees must remain inactive under RSA 331-A:9 IV.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Missed Restoration Window
Previously suspended license; the applicant did not request restoration or reinstatement within Plc 312.04(a)'s period and must apply for initial licensure under Plc 312.04(d), satisfying current initial education and examination requirements.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Demonstrate compliance with the suspension order and plan of correction, required continuing-competence activities, monetary penalties and any assessed suspension costs. Board-imposed individual conditions remain applicant conditions.
Conditional Restoration
Plc 312.04(c) permits conditional restoration or reinstatement after notice and an opportunity to be heard; it does not identify an additional examination.
Expired License
If expired but not lapsed, use the reinstatement application and continuing-education requirements; if the statutory window is missed, a new initial-license application is required.
Prior License
Previously suspended broker license; request restoration within thirty days after the suspension term ends and before license expiration, or request reinstatement within the applicable one-year expiration window.
Role Requirements
No place-of-business or principal/managing surety bond is required while inactive.
Placement of an existing broker license on inactive status
No examination is required for this applicant pathway.
Disaffiliation
RSA 331-A:12-b III also places a disaffiliated licensee on inactive status until affiliation is restored.
Existing License
Surrender the existing broker license on written request to preserve it without practicing brokerage or making compensated referrals.
Prior Compensation
Compensation for work performed while active may still be paid by the previous responsible broker as provided by RSA 331-A:12-b I.
Renewal
Maintain biennial inactive renewal and the required core continuing education; no business location or surety bond while inactive.

managing broker's license

Managing broker designated by a principal broker for a branch office; a surety bond of at least $25,000 is required.

Licensing authority: New Hampshire Real Estate Commission · Application information

Initial licensure by examination with equivalent experience
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
Commission-approved experience equivalent to one year full-time or 2,000 hours part-time; submit the Equivalent Experience Form to One Years Service as a Licensed Salesperson under Rea 301.03(j), including supporting evidence.
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Initial licensure by examination
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reinstatement: Expired more than six months but less than one year
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(b) calls for a forty-hour prelicensing course certificate and a written good-cause explanation (serious accident, illness or circumstances beyond the applicant's control).
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired more than six months but less than one year; no practice is permitted until reinstatement.
Historical Cross Reference
Rea 401.02(b) still references repealed RSA 331-A:18 II and Rea 302.04(g). RSA 310:8 and Plc 312.02 now govern reinstatement of an expired license; the Commission's stated course and good-cause demands remain applicant conditions.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
Reinstatement: Expired not more than six months
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(a) requires nine additional accredited continuing-education hours, which cannot be reused for later renewals.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired not more than six months; no practice is permitted until reinstatement.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
New license after lapse
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior License
License expired one year or longer; submit a new initial application and satisfy all education, examination and application requirements under Rea 401.02(c). RSA 310:8 prohibits reinstatement of a lapsed license; Plc 312.03 requires initial licensure.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reactivation after reserve or National Guard active duty
No examination is required for this applicant pathway.
Application
Submit the Request for License Reactivation form; if the prior term expired, provide renewal fees and current continuing-competence documentation as required by RSA 310:8 V and Plc 307.07.
Military Status
Existing license was made inactive after a reserve-component or National Guard call to active duty; request reactivation within one year of release.
New Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.

Official no-examination sources

Effective from 2026-09-22.

Reactivation from voluntary inactive status
No examination is required for this applicant pathway.
Education
Complete the core course and twelve elective hours required by Rea 403.01 for activation.
Forms
Submit Transfer/Activation and any Change of Broker Status forms under Rea 404.02.
Inactive License
Existing broker license on inactive status; request active status and demonstrate compliance with continuing education in the previous biennium under RSA 331-A:12-b II.
New Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Licensure by recognition: qualifying national and state examinations
Bulletin General Statement
The July 1, 2025 PSI bulletin states generally that broker applicants must pass national and state portions, but RSA 331-A:11-a expressly allows this recognition applicant to pass only the New Hampshire portion. The statutory recognition provision controls.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing national and state examinations in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Licensure by recognition: qualifying state examination only
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Checklist Conflict
OPLC's initial checklist states 'National Examination Results (Non-Reciprocal applicants ONLY)', while RSA 331-A:11-a requires both portions when the qualifying license was issued after only a state examination. The statutory requirement controls.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing only a state examination in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Biennial renewal
No examination is required for this applicant pathway.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Renew the existing broker license within its two-year term; no new initial issuance is sought.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
New license after revocation
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Revocation
Apply for initial licensure under Plc 312.05; satisfy all revocation-order terms, waiting periods and continuing-competence requirements for the preceding two-year period, and pay all outstanding penalties and assessed costs. Board review may deny the application or impose conditions.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Change of broker license type
No examination is required for this applicant pathway.
Existing License
Already holds a duly licensed broker credential; submit the Change of Broker Status form, wall license and pocket card, and the Transfer/Activation form under Rea 404.02(b)(6).
New Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.

Official no-examination sources

Effective from 2026-09-22.

New license after missing the suspension restoration window
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Managing broker designated to supervise a branch office under a principal broker; submit affiliation form and a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Missed Restoration Window
Previously suspended license; the applicant did not request restoration or reinstatement within Plc 312.04(a)'s period and must apply for initial licensure under Plc 312.04(d), satisfying current initial education and examination requirements.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Demonstrate compliance with the suspension order and plan of correction, required continuing-competence activities, monetary penalties and any assessed suspension costs. Board-imposed individual conditions remain applicant conditions.
Conditional Restoration
Plc 312.04(c) permits conditional restoration or reinstatement after notice and an opportunity to be heard; it does not identify an additional examination.
Expired License
If expired but not lapsed, use the reinstatement application and continuing-education requirements; if the statutory window is missed, a new initial-license application is required.
Prior License
Previously suspended broker license; request restoration within thirty days after the suspension term ends and before license expiration, or request reinstatement within the applicable one-year expiration window.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.

Principal Real Estate Broker License

Principal broker applicants must provide a surety bond of at least $25,000 before license issuance or renewal.

Licensing authority: New Hampshire Real Estate Commission · Application information

Initial licensure by examination with equivalent experience
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
Commission-approved experience equivalent to one year full-time or 2,000 hours part-time; submit the Equivalent Experience Form to One Years Service as a Licensed Salesperson under Rea 301.03(j), including supporting evidence.
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Initial licensure by examination
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reinstatement: Expired more than six months but less than one year
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(b) calls for a forty-hour prelicensing course certificate and a written good-cause explanation (serious accident, illness or circumstances beyond the applicant's control).
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired more than six months but less than one year; no practice is permitted until reinstatement.
Historical Cross Reference
Rea 401.02(b) still references repealed RSA 331-A:18 II and Rea 302.04(g). RSA 310:8 and Plc 312.02 now govern reinstatement of an expired license; the Commission's stated course and good-cause demands remain applicant conditions.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
Reinstatement: Expired not more than six months
No examination is required for this applicant pathway.
Additional Education
Rea 401.02(a) requires nine additional accredited continuing-education hours, which cannot be reused for later renewals.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Expired not more than six months; no practice is permitted until reinstatement.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
Statutory Terminology
RSA 310:8 distinguishes reinstatement after expiration from renewal and sets lapse at one year; the older Rea rule describes its process as late or lapsed renewal.
New license after lapse
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior License
License expired one year or longer; submit a new initial application and satisfy all education, examination and application requirements under Rea 401.02(c). RSA 310:8 prohibits reinstatement of a lapsed license; Plc 312.03 requires initial licensure.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Reactivation after reserve or National Guard active duty
No examination is required for this applicant pathway.
Application
Submit the Request for License Reactivation form; if the prior term expired, provide renewal fees and current continuing-competence documentation as required by RSA 310:8 V and Plc 307.07.
Military Status
Existing license was made inactive after a reserve-component or National Guard call to active duty; request reactivation within one year of release.
New Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.

Official no-examination sources

Effective from 2026-09-22.

Reactivation from voluntary inactive status
No examination is required for this applicant pathway.
Education
Complete the core course and twelve elective hours required by Rea 403.01 for activation.
Forms
Submit Transfer/Activation and any Change of Broker Status forms under Rea 404.02.
Inactive License
Existing broker license on inactive status; request active status and demonstrate compliance with continuing education in the previous biennium under RSA 331-A:12-b II.
New Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Licensure by recognition: qualifying national and state examinations
Bulletin General Statement
The July 1, 2025 PSI bulletin states generally that broker applicants must pass national and state portions, but RSA 331-A:11-a expressly allows this recognition applicant to pass only the New Hampshire portion. The statutory recognition provision controls.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing national and state examinations in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Licensure by recognition: qualifying state examination only
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Checklist Conflict
OPLC's initial checklist states 'National Examination Results (Non-Reciprocal applicants ONLY)', while RSA 331-A:11-a requires both portions when the qualifying license was issued after only a state examination. The statutory requirement controls.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
General Endorsement Program
Plc 313.02(b)(10) expressly excludes professions regulated by the real estate commission from the general endorsement program; this route uses RSA 331-A:11-a and Rea 304.01.
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Examination
The qualifying license was issued after passing only a state examination in that jurisdiction; those jurisdiction-specific qualifications are applicant evidence, and no other state's exam is referenced.
Qualifying License
Hold an active real estate broker license in good standing and seek the same equivalent status; identify all licenses and supply certificates of good standing. Rea 301.03(c) requires the broker examination application based on another license to document at least one calendar year of licensure.
Remaining Qualifications
Meet other Commission requirements, including applicable broker education, character, criminal-history reports and the role's affiliation or surety-bond requirements.
Score Window
Pass the New Hampshire portion and, when RSA 331-A:11-a requires it, the national portion; become licensed within six months as required by RSA 331-A:11.
Suspension Or Revocation
RSA 331-A:23 prohibits recognition while the qualifying broker license is suspended or revoked.
Biennial renewal
No examination is required for this applicant pathway.
Application
Submit the renewal application, applicable fees, required explanations and supporting documents on or before expiration; retain continuing-education verification for four years under Rea 403.02.
Continuing Education
Complete a three-hour accredited core course and twelve hours of accredited electives in the current two-year license term.
Current License
Renew the existing broker license within its two-year term; no new initial issuance is sought.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.
New license after revocation
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Prior Revocation
Apply for initial licensure under Plc 312.05; satisfy all revocation-order terms, waiting periods and continuing-competence requirements for the preceding two-year period, and pay all outstanding penalties and assessed costs. Board review may deny the application or impose conditions.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Change of broker license type
No examination is required for this applicant pathway.
Existing License
Already holds a duly licensed broker credential; submit the Change of Broker Status form, wall license and pocket card, and the Transfer/Activation form under Rea 404.02(b)(6).
New Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.

Official no-examination sources

Effective from 2026-09-22.

New license after missing the suspension restoration window
Application
Submit required application, explanations and fees; Rea 301.03(t) limits completion of the application, including notarized signatures, to thirty days before submission.
Character
No record of unprofessional conduct; evidence of honesty, trustworthiness and integrity; three character-reference affidavits from people not related by blood or marriage.
Criminal History
Submit the New Hampshire criminal-history authorization and fee before application, plus required criminal-history reports for other jurisdictions with misdemeanor or felony convictions. The current bulletin requires non-annulled conviction reports dated within six months.
Education
Complete 60 hours of approved study before examination. Rea 301.03(k)-(o) permits qualifying real-estate-law JD practice, designated real estate degrees or CCIM/GRI within the stated five-year windows, qualifying approved continuing education within 24 months, qualifying prelicensing study begun within six months, or Commission-approved real estate college credit within five years. A prelicensing course previously used for salesperson licensure cannot also fulfill the broker requirement.
Experience
One year full-time employment by an active principal broker within five years, or 2,000 part-time hours as a licensed salesperson in New Hampshire within five years (RSA 331-A:10 II(c)).
License Role
Principal broker responsible for associated licensees; maintain the required place of business and escrow arrangements and file a surety bond of at least $25,000.
Military
Plc 304.02(a) facilitates initial licensing for active military and military spouses and waives application-related fees except any examination or inspection fees. RSA 332-G:7 I permits accepted military education, training or service toward required qualifications; this changes applicant qualifications, not examination identity.
Minimum Age
At least 18 years old (RSA 331-A:10 II(a)).
Missed Restoration Window
Previously suspended license; the applicant did not request restoration or reinstatement within Plc 312.04(a)'s period and must apply for initial licensure under Plc 312.04(d), satisfying current initial education and examination requirements.
Nonresident
Nonresident applicants comply with resident requirements and file irrevocable consent to service and power of attorney under RSA 331-A:22.
Registration
Register with PSI online. The current bulletin discontinued mail, fax and email applications effective March 31, 2025. Rea 301.03(e) requires examination within three months of registration, with the good-cause extension specified in (g).
Score Window
Pass both portions within six months of the original examination; after eight examinations or failure to pass both within that period, complete another accredited prelicensing course and retake the entire examination (Rea 303.05). Become licensed within six months after examination or retake it (RSA 331-A:11).
Transactions
Evidence of at least six separately compensated transactions with active involvement, or Commission-approved equivalent experience (RSA 331-A:10 II(g)).
Restoration or timely reinstatement after suspension
No examination is required for this applicant pathway.
Compliance
Demonstrate compliance with the suspension order and plan of correction, required continuing-competence activities, monetary penalties and any assessed suspension costs. Board-imposed individual conditions remain applicant conditions.
Conditional Restoration
Plc 312.04(c) permits conditional restoration or reinstatement after notice and an opportunity to be heard; it does not identify an additional examination.
Expired License
If expired but not lapsed, use the reinstatement application and continuing-education requirements; if the statutory window is missed, a new initial-license application is required.
Prior License
Previously suspended broker license; request restoration within thirty days after the suspension term ends and before license expiration, or request reinstatement within the applicable one-year expiration window.
Role Requirements
Maintain a surety bond of at least $25,000 for active principal/managing status; affiliate with the responsible principal broker for managing/associate status.

Temporary Real Estate Broker License

Temporary authority under the profession-specific continuation provision or OPLC's temporary-license provisions, each with separate qualifying conditions and duration.

Licensing authority: Office of Professional Licensure and Certification · Application information

Temporary continuation after principal broker death or total incapacity
No examination is required for this applicant pathway.
Applicant
Principal broker's legal representative, or an individual designated by that representative and approved by the Commission.
Application
Apply and pay the prescribed fee; RSA 331-A:21 expressly authorizes issuance without examination.
Duration
Continue the real estate business for no more than one year from the death or incapacity.
Trigger
Death or total incapacity of a licensed principal broker.

Official no-examination sources

Effective from 2026-09-22.

Temporary licensure for active military or military spouse
No examination is required for this applicant pathway.
Applicant
Member of the U.S. armed forces or military spouse with a current valid unencumbered corresponding professional license in good standing in a U.S. state or territory, in good standing in every jurisdiction where licensed.
Application
Submit the initial application prior to or with the temporary application, the notarized affidavit, military-service verification and, for spouses, proof of marriage, and proof of current licensure.
Decision
Issue within thirty days of the complete application or fourteen days after any required criminal-check results.
Duration
At least 180 days while completing New Hampshire initial-license requirements; one 180-day extension may be requested as specified by RSA 310:16 and Plc 306.07.
Permanent License
Complete the applicable ordinary or recognition pathway to obtain a permanent broker license; temporary issuance is based on the exhaustive documentation and qualification provisions in RSA 310:16 and Plc 306.02-306.06.

Official no-examination sources

Effective from 2026-09-22.

One time extension of military temporary licensure
No examination is required for this applicant pathway.
Application
Request the one-time 180-day extension within fifteen days prior to temporary-license expiration under RSA 310:16 I(c) and Plc 306.07.
Existing Temporary License
Holder of a military or military-spouse temporary license who needs additional time to finish New Hampshire requirements.

Official no-examination sources

Effective from 2026-09-22.

Temporary reciprocal license pending regular licensure
No examination is required for this applicant pathway.
Applicability
Plc 305.02 applies to professions outside Plc 313, including real estate under Plc 313.02(b)(10), subject to published noncomparability determinations and the bar on using temporary licensure after a New Hampshire suspension or revocation.
Application
Submit the temporary application and the initial-license application prior to or with it, plus required information, fee and criminal-history authorization. Full initial licensure remains a separate pathway with its own examination requirements.
Duration
120 days or final action on the regular application, whichever occurs first; no more than one such temporary license under RSA 332-G:14 IV.
Existing Reciprocity
RSA 332-G:14 I allows a board with its own reciprocity or temporary procedure to elect not to comply; the published Plc 305 application procedure is the implementing source used here.
Qualifying License
Hold a current equivalent active, unencumbered license in good standing in another U.S. jurisdiction; verify licensure and good standing and certify no disqualifying disciplinary acts.
Regular Licensure
RSA 332-G:14 V requires review for full-term licensure before temporary expiration; a finding that the applicant does not qualify invalidates the temporary license. Satisfy the qualifications for the applicable regular route.

Official no-examination sources

Effective from 2026-09-22.

NH Real Estate Broker - State

Provider
PSI Services LLC
Format
Computer-based written examination at a test center
Exam questions
40 scored items; additional unscored experimental questions may be administered
Time limit
90 minutes
Passing score
28 of 40 points (70%)
Exam fee
$34 for the state portion, as shown on the current PSI broker exam page
Examination outline
  • I. Real Estate Commission (3 Items)
    • A. Purpose of Commission-NH RSA 331-A:1
    • B. Duties and powers-NH RSA 331-A:5, 7, 8, 25
    • C. Adm. Rule Rea 102.01
    • D. Examination of records-NH RSA 331-A:30
    • E. Adm. Rule Rea 204.05
    • F. Disciplinary procedures-NH RSA 331-A:28, 29, 34, 35; Adm. Rule Rea 206.01
  • II. Licensure (5 Items)
    • A. Activities requiring license-NH RSA 331-A:2, 4
    • B. Licensing procedures-NH RSA 331-A:12, 12-a, 15, 21, 22, 23; Adm. Rule Rea 301.01, 301.03, 301.04, 303, 305
    • C. Eligibility for license-NH RSA 331-A:10, 11, 11-a
    • D. Bonds-NH RSA 331-A:14
    • E. License renewal-NH RSA 331-A:19; Adm. Rule Rea 401
    • F. Change in license/status-NH RSA 331-A:17, 18
    • G. Continuing education-NH RSA 331-A:20, 25; Adm. Rule Rea 403.01
  • III. Regulation of Licensee Conduct (11 Items)
    • A. Advertising-Adm. Rule Rea 404.05
    • B. Branch offices-NH RSA 331-A:16, 16-a
    • C. Prohibited conduct-NH RSA 331-A:26
    • D. Disclosures
    • D. Disclosures - 1. Private water supply-Adm. Rule Rea 701.03
    • D. Disclosures - 2. Insulation-Adm. Rule Rea 701.04
    • D. Disclosures - 3. Sewage disposal system-Adm. Rule Rea 701.05
    • E. Recordkeeping-NH RSA 331-A:26 XVII and XVIII; Adm. Rule Rea 404.03
    • F. Funds and accounts-NH RSA 331-A:13; Adm. Rule Rea 702
    • G. Place of business-Adm. Rule Rea 404.01, 404.02
  • IV. Regulation of Agency Conduct (11 Items)
    • A. Broker/salesperson relationships-NH RSA 331-A:2; RSA 331-A:16 II; RSA 331-A:17 IV and VI; RSA 331-A:32; Adm. Rule Rea 702.02
    • B. Brokerage contracts-Adm. Rule Rea 404.04
    • C. Agency
    • C. Agency - 1. Scope-NH RSA 331-A:25-a; Adm. Rule Rea 404.03 and 701.02
    • C. Agency - 2. Disclosure-Adm. Rule Rea 701.01, 701.02
    • C. Agency - 3. Seller agent-NH RSA 331-A:25-b
    • C. Agency - 4. Buyer agent-NH RSA 331-A:25-c
    • C. Agency - 5. Disclosed dual agent-NH RSA 331-A:25-d
    • C. Agency - 6. Designated agent-NH RSA 331-A:25-e
    • C. Agency - 7. Facilitator-NH RSA 331-A:25-f
    • C. Agency - 8. Other agency relationships-NH RSA 331-A:2 XIII; RSA 331-A:25-a
    • D. Cooperating agreements-Adm. Rule Rea 703.01
  • V. New Hampshire Principles and Practice (10 Items)
    • A. Human Rights-NH RSA 354-A:1, 2 IX, 7-10, 12-17, 21-a(I)
    • B. Environmental Issues
    • B. Environmental Issues - 1. Hazardous Waste-NH RSA 147-A:7-9, 11, 13, 13-a
    • B. Environmental Issues - 2. Hazardous Waste-NH RSA 147-B:1, 3, 10-a, 10-b
    • B. Environmental Issues - 3. Hazardous Substances-Water Pollution and Waste Disposal-NH RSA 485-A:1, 2 I, III-a, V, VII, XIV, 17 I, 29, 32, 38 I, 39
    • B. Environmental Issues - 4. Hazardous Substances-Safe Drinking Water-NH RSA 485:1 I, 33, 38
    • B. Environmental Issues - 5. Hazardous Substances-Safe Drinking Water-NH RSA 482-B:1
    • B. Environmental Issues - 6. Hazardous Substances-Asbestos-NH RSA 141-E:9, 10
    • B. Environmental Issues - 7. Hazardous Substances-Underground Storage Tanks-NH RSA 146-C:2, 4 I and II, 11
    • B. Environmental Issues - 8. Hazardous Substances-Radon Gas/Lead Paint-NH RSA 477:4-a
    • B. Environmental Issues - 9. Hazardous Substances-Lead Paint-NH RSA 130-A:1 I through X, 3, 4, 6, 6-a, 8-a, 9, 12
    • C. Condominium Act-NH RSA 356-B:3 II, V, VII, XIII, 12 V, 46 I, 50, 52 II, 57, 58
    • D. Planning and Zoning-NH RSA 672:7, 14 I; NH RSA 674:2, 4, 16, 17, 19, 31, 32, 33 I, II, IV, 35, 36, 51 I, II, III
    • E. Wetlands-NH RSA 482-A; NH RSA 483-A; NH RSA 483-B
    • F. Taxation-NH RSA 72:6, 7, 7-a, 23; NH RSA 73:10; NH RSA 78-A:3 IV; NH RSA 78-B:1, 1-a, 2, 3, 4, 6, 11; NH RSA 79-A:1, 4 I, 5 I, 7 I and I-a, 25 I, II; NH RSA 80:85 and 86; NH RSA 75:11 I; NH RSA 76:16 I, 16-a(I), 16-c, 17
    • G. Manufactured Housing-NH RSA 205-A:1-8, 10, 21
    • H. Property Management (Tenants/Landlords)-NH RSA 540:1, 2-10, 28; NH RSA 540-A:6
    • I. Recordation-NH RSA 477:1-3, 3-a, 7, 7-a, 7-b, 10, 44 I, II; NH RSA 478:1-a
    • J. Descent and Distribution-NH RSA 551:1, 2; NH RSA 561:1; NH RSA 477:18
Examination sources

National Broker Exam — National Portion (Real Estate Principles and Practices)

Provider
PSI Services LLC
Format
National portion of state real estate broker licensing examinations with its own minimum passing score; scenario-based questions with more than four options and one best answer, each option weighted zero, one or two points; candidates who fail one portion retake only that portion
Examination outline
  • I. Property Ownership (Broker 10%) (10%)
    • A. Real and personal property; conveyances
    • B. Land characteristics and legal descriptions: 1. Metes and bounds method of legal property description; 2. Lot and block (recorded plat) method of legal property description; 3. Government survey (rectangular survey) method of legal property description; 4. Measuring structures (linear and square footage); 5. Land measurement
    • C. Encumbrances and effects on property ownership: 1. Types of liens and their effect on the title and value of real property; 2. Easements, rights of way and licenses, including their effect on the title, value and use of real property; 3. Encroachments and their effect on the title, value and use of real property; 4. Potential encumbrances on title, such as probate, leases, or adverse possession; 5. Property rights that may be conveyed separately from use of the land surface, such as mineral and other subsurface rights, air rights, or water rights
    • D. Types of ownership: 1. Ownership in severalty/sole ownership; 2. Implications of ownership as tenants in common; 3. Implications of ownership in joint tenancy; 4. Forms of common-interest ownership, such as Timeshares, Condominiums and Co-ops; 5. Property ownership held in a trust or by an estate; 6. Ownership by business entities; 7. Life Estate ownership
  • II. Land use Controls (Broker 5%) (5%)
    • A. Government rights in land: 1. Government rights to impose property taxes and special assessments; 2. Government rights to acquire land through eminent domain, condemnation and escheat
    • B. Government controls on land use
    • C. Private controls: 1. Deed conditions or restrictions on property use; 2. Subdivision covenants, conditions and restrictions (CC&Rs) on property use; 3. Condominium and owners’ associations regulations or bylaws on property use
  • III. Valuation (Broker 8%) (8%)
    • A. Appraisals: 1. Appraisals for valuation of real property; 2. Situations which require appraisal by a licensed or certified appraiser and brokerage-related actions that constitute unauthorized appraisal practice; 3. General steps in appraisal process
    • B. Estimating Value: 1. Economic principles and property characteristics that affect value of real property; 2. Sales or market comparison approach to property valuation and appropriate uses; 3. Cost approach to property valuation and appropriate uses; 4. Income analysis approach to property valuation and appropriate uses
    • C. Comparative Market Analysis (CMA): 1. Competitive/Comparative Market Analysis (CMA), BPO or equivalent; 2. Automated Valuation Method (AVM), appraisal valuation and Comparative Market Analysis (CMA)
  • IV. Financing (Broker 9%) (9%)
    • A. Basic Concepts and Terminology: 1. Loan financing (for example, points, LTV, PMI, interest, PITI); 2. General underwriting process (e.g., debt ratios, credit scoring and history); 3. Standard mortgage/deed of trust clauses and conditions; 4. Essential elements of a promissory note
    • B. Types of Loans: 1. Conventional loans; 2. Amortized loans, partially amortized (balloon) loans, interest-only loans; 3. Adjustable-rate mortgage (ARM) loans; 4. Government Loans — a. FHA insured loans; b. VA guaranteed loans; c. USDA/Rural Development loan programs; 5. Owner financing (for example, installment or land contract/contract for deed); 6. Reverse-mortgage loans; 7. Home equity loans and lines of credit; 8. Construction loans; 9. Rehab loans; 10. Bridge loans
    • C. Financing and Lending: 1. Real Estate Settlement Procedures Act (RESPA), including kickbacks; 2. Truth-in-Lending Act (Regulation Z), including advertising; 3. Requirements and time frames of TRID (TILA-RESPA Integrated Disclosures); 4. Equal Credit Opportunity Act; 5. Lending Process (application through loan closing); 6. Risky loan features, such as prepayment penalties and balloon payments
  • V. Contracts (Broker 19%) (19%)
    • A. General Contract Law: 1. General principles of contract law; 2. Elements necessary for a contract to be valid; 3. Effect of the Statute of Frauds; 4. Offer and a contract; 5. Enforceability of contracts; 6. Void, voidable and unenforceable contracts; 7. Bilateral and unilateral contracts; 8. Nature and use of option agreements; 9. Notice, delivery, acceptance and execution of contracts; 10. Appropriate use, risks, and advantages of electronic signatures and paperless transactions; 11. Rights and obligations of the parties to a contract; 12. Possible remedies for breach or non-performance of contract; 13. Termination, rescission and cancellation of contracts
    • B. Purchase and Lease Contracts: 1. Addenda and amendments to contracts; 2. Purchase agreements; 3. Contract contingencies and methods for satisfying them; 4. Leases and rental agreements; 5. Lease-purchase agreements; 6. Types of leases
    • C. Proper handling of multiple offers and counteroffers
  • VI. Agency (Broker 13%) (13%)
    • A. Agency and non-agency relationships: 1. Agency relationships and how they are established; 2. Types of listing contracts; 3. Buyer brokerage/tenant representation contracts; 4. Other brokerage relationships, including transaction brokers and facilitators; 5. Powers of attorney and other assignments of authority; 6. Conditions for termination of agency or brokerage service agreements
    • B. Agent Duties: 1. Fiduciary duties of agents; 2. Agent's duties to customers/non-clients, including honesty and good faith
    • C. Agency Disclosures: 1. Disclosure of agency/representation; 2. Disclosure of possible conflict of interest or self-interest
  • VII. Property Disclosures (Broker 7%) (7%)
    • A. Property Condition: 1. Seller's property condition disclosure requirements; 2. Property conditions that may warrant inspections or a survey; 3. Red flags that warrant investigation of public or private land use controls
    • B. Environmental and Government Disclosures: 1. Environmental issues requiring disclosure; 2. Federal, state, or local disclosure requirements regarding the property
    • C. Disclosure of material facts and material defects
  • VIII. Property Management (Broker 5%) (5%)
    • A. Duties and Responsibilities: 1. Procurement and qualification of prospective tenants; 2. Fair housing and ADA compliance specific to property management; 3. How to complete a market analysis to identify factors in setting rents or lease rates; 4. Property manager responsibility for maintenance, improvements, reporting and risk management (BROKER ONLY); 5. Handling landlord and tenant funds; trust accounts, reports and disbursements (BROKER ONLY); 6. Provisions of property management contracts (BROKER ONLY)
    • B. Landlord and tenant rights and obligations
  • IX. Transfer of Title (Broker 6%) (6%)
    • A. Types of deeds
    • B. Title Insurance and Searches: 1. Title insurance policies and title searches; 2. Potential title problems and resolutions; 3. Marketable and insurable title
    • C. Closing Process: 1. When transfer of ownership becomes effective; 2. Process and importance of recordation; 3. Settlement procedures (closing) and parties involved; 4. Home and new construction warranties
    • D. Special Processes: 1. Special issues in transferring foreclosed properties; 2. Special issues in short sale transactions; 3. Special issues in probate transactions
  • X. Practice of Real Estate (Broker 12%) (12%)
    • A. Antidiscrimination: 1. Federal Fair Housing Act general principles and exemptions; 2. Protected classes under Federal Fair Housing Act; 3. Protections against discrimination based on gender identity and sexual orientation; 4. Prohibited conduct under Federal Fair Housing Act (Redlining, Blockbusting, Steering, Disparate Treatment); 5. Fair housing advertising rules; 6. Americans with Disabilities Act (ADA) obligations pertaining to accessibility and reasonable accommodations
    • B. Legislation and Regulations: 1. Licensees’ status as employees or independent contractors; 2. Antitrust laws and types of violations, fines and penalties; 3. Do-Not-Call List rule compliance; 4. Proper use of Social Media and Internet communication and advertising
    • C. Duties and Responsibilities: 1. Protection of confidential personal information (written, verbal or electronic); 2. Duties when handling funds of others in transactions; 3. Licensee responsibility for due diligence in real estate transactions
    • D. Supervisory Responsibilities (BROKER ONLY): 1. Broker's supervisory responsibilities (licensees, teams and unlicensed assistants and employees) (BROKER ONLY); 2. Broker relationship with licensees (employees or independent contractors and governing rules) (BROKER ONLY)
  • XI. Real Estate Calculations (Broker 6%) (6%)
    • A. Calculations for Transactions: 1. Seller’s net proceeds; 2. Buyer funds needed at closing; 3. Real property tax and other prorations; 4. Real property transfer fees; 5. PITI (Principal, Interest, Taxes and Insurance) payments estimate given loan rate and term
    • B. General Concepts: 1. Equity; 2. Rate of return/Capitalization rate; 3. Loan-to-Value ratio; 4. Discount points and loan origination fees
Examination sources