NOTICE

EFFECTIVE JUNE 20, 2012

 

The following rule changes were adopted by the Commission, effective June 20, 2012.

 

 

Matter added to current rule appears in bold italics.

Matter removed from current rule appears [in brackets and struckthrough].

 

 

Rea 103.01 Request for Information.  Information may be obtained from the commission by writing or calling the commission office at:

 

                                                  NH Real Estate Commission

                                                  [State House Annex] 64 South Street

                                                  [25 Capitol Street, Room 434]

                                                  Concord, NH 03301

                                                  (603) 271-2701

 

Rea 404.03 Copies of Written Instruments.

(a) A broker shall, after execution by all parties, deliver the original or photocopy or electronic transmission of any instruments to any party or parties executing the same without delay when:

(1) Such instrument has been prepared by such broker or under her or his supervision;

            (2) Such instrument relates to the employment of the broker;

            (3) Such instrument pertains to the consummation of a lease, purchase, sale or exchange of real property; or

            (4) Such instrument pertains to any other type of real estate transaction in which a broker participates.

 

Rea 404.05(a)

(a) A salesperson or broker shall not advertise the sale, purchase, exchange, or lease of real property, other than the sale, exchange or lease of her or his own real property, in a manner indicating the offer to sell, purchase, exchange or lease is being made by a principal.  Every such advertisement shall clearly indicate that it is an advertisement of a principal broker, pursuant to RSA 331-A:16, IV.

 

Rea 501.01(f)

(f) Commissioners and commission employees shall refuse gifts as defined by RSA 15-B:2, V from groups or persons whose interests have been, are, or are likely to be before the agency.

 

Rea 702.03 REPEALED.

[Rea 702.03 Accounting. A broker charged with closing a real estate transaction shall prepare and deliver or cause to be prepared and delivered, to the buyer and seller upon completion of the transaction, a detailed financial statement of all accounts relative to the transaction showing respective receipts and disbursements.]