NOTICE

EFFECTIVE AUGUST 1, 2012

 

The following rule changes were adopted by the Commission, effective August 1, 2012.

 

 

Matter added to current rule appears in bold italics.

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

 

 

Rea 301.02 Fees.

(a) The applicant for each original individual, firm, or firm branch broker license and renewal thereof shall pay a fee of [$100] $110.

            (b) The applicant for each original salesperson license and renewal thereof shall pay a fee of [$80] $90.

            (c) The broker, salesperson, firm, or firm branch shall pay a fee of $5 for each duplicate license.

            (d) The broker, salesperson, firm, or firm branch shall pay a fee of $20 for each license amendment.

            (e) The broker, salesperson, firm, or firm branch shall pay a fee of $5 for each certificate of license and good standing.

            (f) The applicant for each qualifying examination shall pay a fee of [$115] $155 for a salesperson examination and [$130] $170 for a broker examination.

            (g) Any individual or firm shall pay a fee of $25 or 5% of the face amount of the check, whichever is greater, plus all protest and bank fees for each check, draft or money order dishonored and returned to the commission pursuant to RSA 6:11-a.

            (h) The broker, salesperson, firm, or firm branch shall pay a late fee of $60, in addition to the regular renewal fee, for renewal of a license up to 6 months after license expiration.

            (i) Real estate course providers shall pay an evaluation fee of $50 each time a course is submitted to the commission for accreditation or reaccreditation.

            (j) Real estate applicants and licensees shall pay a fee of $10 for each course submitted to the commission to be evaluated for pre-licensing education credit or continuing education credit.

 

Rea 301.03 (j) and (m)

(j) Candidates for the broker examination shall show proof of completion of 60 hours of approved study, pursuant to RSA 331-A:10, II, consisting of the following:
            (1) A juris doctor degree from an accredited law school obtained by a licensed attorney who actively practices or practiced in real estate law within the last 5 years; or
            (2) One of the following degrees within 5 years prior to the date of examination:

                        a. A bachelor’s degree with a major in real estate from an accredited college, university or institute of higher learning; or

                        b. A bachelor’s degree from an accredited college, university or institute of higher learning, having completed coursework equivalent to a major in real estate; or

                        c. An associate degree in real estate from an accredited institution; or

            (3) Successful completion of the education requirements and receipt of the designation for at least one of the following within 5 years prior to the date of examination:

                        a. Certified Commercial Investment Member (CCIM); or
                        [b. Certified Real Estate Brokerage Manager (CRB);]

                        [c. Certified Residential Specialist (CRS);]

                        [d. Counselor of Real Estate (CRE);]

                        [e.] b. Graduate, Realtor Institute (GRI)[;].

                        [f. Society of Industrial and Office Realtors (SIOR).]

 

(m) Schools or individuals may seek accreditation of education not included in (j)(3) and (k)(1) through (3) above or (o) below by submitting the course content outline, course materials, course hours, course accreditation fee, and certificate of completion to the New Hampshire real estate commission.

 

Rea 301.04 (b)

(b) Any applicant or licensee who has paid [for an original or renewal of a real estate broker, salesperson or firm license] a fee or fine to the real estate commission with a check, draft or money order that has subsequently been dishonored, shall within 14 days after receiving notice from the commission that said check, draft or money order has been dishonored, remit to the commission the required original or renewal fee plus the prescribed fee for a dishonored check, draft or money order.

 

Rea 303.01 Examination Schedule. Examinations for broker and salesperson candidates shall be scheduled a minimum of [6] 4 times a year.