How much does a $25,000 New Hampshire real estate broker bond cost?
New Hampshire real estate broker bonds are issued instantly for 2-year terms and cost $438. Simply click Buy Now to visit our secure bond checkout where you can buy your bond online, directly from our site. In just a few minutes you can be on your way to getting bonded as a real estate broker in New Hampshire.
|Bond Type||Bond Amount||Cost|
|$25,000 Real Estate Broker Bond 2-year term||$25,000||$438|
Why do I need this bond?
The New Hampshire Real Estate Commission requires real estate brokers to post surety bonds in the amount of $25,000. Real estate broker surety bonds hold the principal (real estate broker) accountable to comply with the provisions of RSA 331-A:4 VI (Supp) as amended by NH Chapter 438:2 laws of 1983. This statute requires the principal to faithfully account for all funds entrusted to him or her as a licensed real estate broker.
What’s the fine print?
New Hampshire real estate broker bonds are issued for 24-month terms and run concurrently with the real estate broker’s license. The bond can be renewed by providing the Commission with a continuation certificate signed by the surety.
The surety can cancel the bond at any time by filing 30 days’ written notice of cancellation with the New Hampshire Real Estate Commission.
How to become a real estate broker in New Hampshire
To become a licensed real estate broker in New Hampshire, applicants must meet the following criteria:
- Minimum 18 years of age
- Provide proof of completion of educational requirements
- Successfully pass New Hampshire Real Estate broker’s exam
The registration fee for the broker examination is $170. All exam registration forms and fees must be submitted to the New Hampshire Real Estate Commission office in Concord, New Hampshire.
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