NH state real estate questions with complete verified solutions
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Course
NH certification
Institution
NH Certification
A seller is required to disclose information regarding the type of insulation and the condition of the water supply and sewage disposal system to the buyer in all the following transactions EXCEPT
a. when the seller is not assisted by a licensed real estate agent
b. when the seller has not resi...
NH state real
estate questions
with complete
verified
solutions
A seller is required to disclose information
regarding the type of insulation and the condition
of the water supply and sewage disposal system to
the buyer in all the following transactions EXCEPT
a. when the seller is not assisted by a licensed real
estate agent
b. when the seller has not resided in the property
in the last year
c. for sale of commercial property
,d. when the buyer has lived on the property as a
tenant - answer c. for sale of commercial property
Seller property disclosure must be delivered to the
buyer
a. prior to the buyer's making a written offer
b. at the time the seller agrees to the offer
c. at the time of the home inspection
d. prior to the closing - answer a. prior to the
buyer's making a written offer
A seller has no knowledge of any plumbing system
problems on the property she is selling. In
actuality, however, the pipes are seriously
corroded and will need to be replaced soon. In the
Sellers Property Disclosure, when responding to
whether the seller has any knowledge of the
problems, she should respond
a. Yes
b. no
c. unknown
, d. the seller would not be required to respond to
this question - answer b. no
In New Hampshire when a broker is listing a home
and asks the seller to complete a disclosure
regarding the water supply, insulation, and sewage
disposal system which of the following statements
is true
a. the disclosures are optional, and the seller may
avoid liability by refusing to make any disclosures
b. the broker is under obligation to research these
items if the seller refuses to disclose an information
c. any agent should not give the seller any advice
regarding which property conditions to disclose and
which to ignore
d. the seller is required by statute to disclose what
he or she knows and the broker must give that
information to the buyer in writing - answer d. the
seller is required by statute to disclose what he or
she knows and the broker must give that
information to the buyer in writing
Five years ago, Unit 5B in a condominium was the
site of a brutal and highly publicized murder. The
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