Free New Hampshire Real Estate Practice Test (2026) — LicenseIQ

Question 1

A residential tenant fails to pay rent. After demand, the landlord's eviction notice must give the tenant at least:

Accepted Answer

RSA 540:3 allows 7 days for nonpayment, substantial damage, health and safety threats, and the DV cotenant ground; other reasons need 30 days.

Question 2

Which list contains only classes protected in housing under RSA 354-A?

Accepted Answer

RSA 354-A:10 and 354-A:8 cover age, sex, gender identity, sexual orientation, race, religion or creed, color, marital status, familial status, disability, and national origin. Income source and veteran status are not on the list.

Question 3

Under IRC Section 121, a single homeowner may generally exclude how much capital gain on a primary residence?

Accepted Answer

Section 121 allows up to $250,000 exclusion for a single filer ($500,000 married filing jointly) on a primary residence used 2 of the last 5 years.

Question 4

On the buyer's side of the closing statement, the earnest money deposit and the new mortgage loan are both:

Accepted Answer

Earnest money and loan proceeds are sources of funds that reduce what the buyer must bring, so they are buyer credits.

Question 5

Which activity may an unlicensed assistant generally perform?

Accepted Answer

Unlicensed staff may perform clerical tasks like typing licensee-prepared ads, but may not compose ads, negotiate or show property.

Question 6

Which statement about FHA-insured loans is correct?

Accepted Answer

FHA loans are made by approved lenders and insured by FHA, with down payments as low as 3.5% and mortgage insurance premium (MIP) required on all FHA loans, for 1-4 family homes.

Question 7

A lease in which the rent increases at set intervals, such as every two years, is a(n):

Accepted Answer

Graduated or step-up leases schedule rent increases over the term; they are common in long commercial leases.

Question 8

A salesperson receives a 'thank you' check directly from a buyer after closing. Under RSA 331-A:26, XX, this is:

Accepted Answer

RSA 331-A:26, XX bars accepting compensation from anyone other than the licensed principal broker. Disclosure does not cure direct payment.

Question 9

The document issued by a VA-approved appraiser for a VA loan is the:

Accepted Answer

The VA appraiser issues a CRV. The Certificate of Eligibility establishes the veteran's entitlement before applying.

Question 10

In the cost approach, the appraiser estimates value by:

Accepted Answer

Cost approach: replacement (or reproduction) cost new - depreciation + land value. Land is valued separately because it does not depreciate.

Question 11

A licensee may manage property for an owner for a fee only if there is:

Accepted Answer

Property management agreements must be written and signed; they make the manager a general agent and define duties, authority and fees.

Question 12

In a general warranty deed, the grantor's promise that he owns the property and has the right to convey it is the covenant of:

Accepted Answer

Seisin = ownership and right to convey. Quiet enjoyment protects against superior title claims; further assurance obligates the grantor to cure defects; warranty forever defends title against all claims.

Question 13

A borrower facing default voluntarily conveys the property to the lender in exchange for release of the debt. This is a:

Accepted Answer

In a deed in lieu, the borrower voluntarily deeds the property to the lender, which avoids the foreclosure process; the lender must agree, and the borrower should get a written release of any remaining debt. In a short sale, the property is sold to a third party for less than owed with lender approval. Credit-reporting effects vary by lender and situation, so licensees should not promise a borrower any particular credit outcome.

Question 14

An easement that benefits an adjoining parcel of land is called:

Accepted Answer

An easement appurtenant runs with the land and benefits a dominant tenement (the adjoining parcel). An easement in gross benefits a person or company, not land.

Question 15

Which ad phrase is most likely to violate fair housing advertising rules?

Accepted Answer

References that exclude or prefer protected classes, such as familial status ('no kids'), are discriminatory. Describe the property, not the desired buyer or tenant.

Question 16

Combining two adjacent lots into one larger parcel that is worth more than the two lots separately is called:

Accepted Answer

Assemblage is the act of combining parcels; the resulting increase in value is plottage.

Question 17

A private individual selling her own single-family home may be exempt from the federal Fair Housing Act if she owns no more than three homes and:

Accepted Answer

The single-family owner exemption requires no broker and no discriminatory advertising. Race discrimination is never exempt under the 1866 Civil Rights Act.

Question 18

Annual crops planted and cultivated by a farmer, such as corn and wheat, are called ____ and are treated as ____.

Accepted Answer

Cultivated annual crops are emblements - personal property of the cultivator. Naturally growing plants (trees, grass) are fructus naturales and part of the real estate.

Question 19

Which topic is included in the RSA 477:4-a notice?

Accepted Answer

RSA 477:4-a now covers radon, arsenic, lead paint, PFAS, and flood risk. The other topics are not in the statute.

Question 20

Which person is eligible to be appointed as the commission's public member?

Accepted Answer

RSA 331-A:5, IV bars anyone who was ever in the profession, the spouse of such a person, and anyone with a material financial interest in real estate services in the five years before appointment. The retired broker is tempting, but having ever been in the profession disqualifies.

Question 21

A studio rents for $85 per month. What is the largest security deposit the landlord may collect?

Accepted Answer

The cap is the greater of one month's rent ($85) or $100, so $100. $170 assumes a two-month rule that does not exist.

Question 22

Which combination correctly describes the seats on the New Hampshire Real Estate Commission?

Accepted Answer

RSA 331-A:5, II sets two brokers, one salesperson, one lawyer, and one public member. The lawyer seat is the one test-takers forget, which makes the 'two salespersons' option tempting.

Question 23

How many hours of approved prelicensing study must a New Hampshire salesperson applicant complete before the exam?

Accepted Answer

RSA 331-A:10 requires 40 hours for a salesperson. Sixty hours is the broker requirement.

Question 24

After a tenancy ends, the landlord must return the deposit (less lawful deductions) within:

Accepted Answer

RSA 540-A:7, I sets 30 days, with an itemized list for any deductions.

Question 25

A buyer's $10,000 deposit check was deposited this morning and has not cleared. The broker wants to send it to the closing attorney today. Under RSA 331-A:13:

Accepted Answer

RSA 331-A:13, III prohibits checks against uncollected funds. Consent of the parties does not change this rule.

New Hampshire real estate practice test

1. A residential tenant fails to pay rent. After demand, the landlord's eviction notice must give the tenant at least:

2. Which list contains only classes protected in housing under RSA 354-A?

3. Under IRC Section 121, a single homeowner may generally exclude how much capital gain on a primary residence?

4. On the buyer's side of the closing statement, the earnest money deposit and the new mortgage loan are both:

5. Which activity may an unlicensed assistant generally perform?

6. Which statement about FHA-insured loans is correct?

7. A lease in which the rent increases at set intervals, such as every two years, is a(n):

8. A salesperson receives a 'thank you' check directly from a buyer after closing. Under RSA 331-A:26, XX, this is:

9. The document issued by a VA-approved appraiser for a VA loan is the:

10. In the cost approach, the appraiser estimates value by:

11. A licensee may manage property for an owner for a fee only if there is:

12. In a general warranty deed, the grantor's promise that he owns the property and has the right to convey it is the covenant of:

13. A borrower facing default voluntarily conveys the property to the lender in exchange for release of the debt. This is a:

14. An easement that benefits an adjoining parcel of land is called:

15. Which ad phrase is most likely to violate fair housing advertising rules?

16. Combining two adjacent lots into one larger parcel that is worth more than the two lots separately is called:

17. A private individual selling her own single-family home may be exempt from the federal Fair Housing Act if she owns no more than three homes and:

18. Annual crops planted and cultivated by a farmer, such as corn and wheat, are called and are treated as .

19. Which topic is included in the RSA 477:4-a notice?

20. Which person is eligible to be appointed as the commission's public member?

21. A studio rents for $85 per month. What is the largest security deposit the landlord may collect?

22. Which combination correctly describes the seats on the New Hampshire Real Estate Commission?

23. How many hours of approved prelicensing study must a New Hampshire salesperson applicant complete before the exam?

24. After a tenancy ends, the landlord must return the deposit (less lawful deductions) within:

25. A buyer's $10,000 deposit check was deposited this morning and has not cleared. The broker wants to send it to the closing attorney today. Under RSA 331-A:13:

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