Property Management requirements in New Hampshire

Must New Hampshire property management companies have a real estate broker's license?

Yes, if a property manager is going to lease, rent, list, collect rents, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

Must New Hampshire community association managers have a real estate broker's license?

NO. A broker's license is not required to manage community associations in New Hampshire.

New Hampshire Real Estate Broker Requirements:

pass the real estate broker examination
have worked the equivalent of either one year full-time or 2000 hours part-time as a salesperson, or prove to the Commission that he/she has the equivalent experience required
show proof of 60 hours of Commission approved study, pursuant Administrative Rule Rea 301.03(h)
All principal and manager broker applicants are required to submit to the Commisssion, a surety bond in a sum of not less than $25,000.

IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.