N.H. Code Admin. R. Rea 101.01
Terms Used in Rules
Effective Apr 16, 2025#2130, eff 8-30-82; ss by #2847, eff 9-19-84, EXPIRED: 9-19-90 New. #5567, eff 2-11-93, EXPIRED: 2-11-99 New. #7160, INTERIM, eff 12-18-99, EXPIRED: 4-16-00 New. #7262, eff 5-6-00; ss by #7518, eff 6-28-01; ss by #8830, eff 5-1-07; amd by #12362, eff 8-16-17; amd by #12977-A, eff 1-23-20; ss by #14237, eff 4-16-25N.H. Real Estate Commission
- (a) All terms used in these rules shall have the same meaning as set forth in RSA 331-A:2 or as used elsewhere in RSA 331-A.
- (b) “Client” means a person represented by a real estate licensee, engaged in an agency relationship.
- (c) “Commission” means “commission” as defined in RSA 331-A:2, IV and the term includes alternates appointed, pursuant to RSA 331-A:5, VIII.
- (d) “Complaint” means to allege sufficient facts which, if true, would violate the real estate practice act or code of administrative rules adopted by the board.
- (e) “Customer” means a person without representation by a licensee.
- (f) “Firm” means any sole proprietorship, partnership, association, corporation, limited liability company, or other business association engaged in the sale or lease of real estate or which employs licensees under this chapter.
- (g) “Rebate” means any commission, fee, or other consideration, pursuant to RSA 331-A:26, XXI.
- (h) “Trade name” means a name used by a person or firm to identify a business.
- (i) “Valuable consideration” means anything of value exceeding $100.
Source. #2130, eff 8-30-82; ss by #2847, eff 9-19-84, EXPIRED: 9-19-90 New. #5567, eff 2-11-93, EXPIRED: 2-11-99 New. #7160, INTERIM, eff 12-18-99, EXPIRED: 4-16-00 New. #7262, eff 5-6-00; ss by #7518, eff 6-28-01; ss by #8830, eff 5-1-07; amd by #12362, eff 8-16-17; amd by #12977-A, eff 1-23-20; ss by #14237, eff 4-16-25