Property Management requirements in New Hampshire
Must New Hampshire property management companies have a real estate broker's license?
YES. Key components of property management (renting, leasing and collecting rents) are considered real estate activities under existing New Hampshire real estate licensing laws. 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.
Are there any exceptions to the requirement that a New Hampshire property manager have a real estate broker's license?
YES. For example, an owner, builder or tenant of real estate (and their employees with respect to the subject property) who do not hold themselves out as real estate brokers.
Before hiring a property manager to manage your New Hampshire rental property, you should always check that he or she is licensed appropriately. You can check the license status of New Hampshire property managers at the Commission's online license check webpage, by clicking the link at the lower part of the Commission's home page.
New Hampshire Community Association Management Licensing
A broker's license is not required to manage community associations or condo associations in New Hampshire.
New Hampshire Real Estate Broker Licensing Requirements
New Hampshire real estate broker licensing requirements include:
New Hampshire Real Estate Salesperson Licensing Requirements
New Hampshire real estate salesperson licensing requirements include:
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.