1. (a) The department shall deny pre-qualification status to a real estate professional who fails to provide the required information pursuant to Tra 1003.01(d). Prior to issuing a denial, the department shall first notify the real estate professional that the information provided is incomplete and allow the real estate professional a minimum of 5 business days to provide the missing information.
2. (b) The department shall deny pre-qualification status to any real estate professional who fails to show demonstrated competence and qualifications based on experience in the appropriate real estate specialty.
3. (c) The department shall further deny or revoke pre-qualification status to a real estate professional by written notification when he or she knowingly made materially false, deceptive or fraudulent statements in his or her proposal. Loss of a real estate professional’s New Hampshire license to sell real estate shall result in denial or revocation of pre-qualification.
4. (d) The department shall provide written notice when a real estate professional’s pre-qualification status is denied or revoked.

Source. #8536, INTERIM, eff 1-6-06, EXPIRED: 7-5-06 New. #10209, eff 10-23-12; ss by #13587, eff 3-22-23