Section Rea 404.02 - Amendments(a) Each licensee and firm shall at all times keep the commission informed of the licensee's or firm's current resident address, mailing address, email address, contact phone number(s), work location address, legal name, firm officers or partners, or trade names.(b) Any such changes in the information listed in (a) above shall be reported, in writing, to the commission no later than 10 days after the change by completing and submitting one or more of the following Amendment Forms: (1) "Change of Address/Phone/E-Mail," revised 9/2019; (2) "Activation of an Inactive License," revised 9/2019, which includes an attestation from the licensee's principal broker that the applicant is of good moral character and is trustworthy, indicated by the principle broker's signature under the following certification: "Upon receipt of the license herein applied for, the above named applicant will be employed by me or will otherwise be under contract with me to perform services as a real estate licensee, and will work under my supervision. I will display his/her license prominently at my place of business, and when he/she leaves my employ I will immediately notify the New Hampshire Real Estate Commission within 5 days, as required by RSA 331-A:17, IV.
To the best of my knowledge the applicant is of good moral character and is trustworthy;"
(3) "Change of Managing Broker of Firm or Branch Office," revised 9/2019. Individuals submitting this form shall submit the following with the form:a. The original firm wall license; andb. The original wall license and pocket card of both the old and new managing broker. If the wall license or pocket card is not available, the individual shall submit an explanation as to its unavailability;(4) "Change of Officers/Partners," revised 9/2019;(5) "Change of Principal Broker of Firm or Trade Name," revised 9/2019. Individuals submitting this form shall submit the following with the form: a. The original firm wall license; andb. The original wall license and pocket card of both the old and new managing broker. If the wall license or pocket card is not available, the individual shall submit an explanation as to its unavailability;(6) "Deactivation of an Active License," revised 9/2019. Individuals submitting this form shall also submit the individual's original wall license and pocket card. If the wall license or pocket card is not available, the individual shall submit an explanation as to its unavailability; (7) "Change of Broker Status," revised 9/2019. Individuals submitting this form shall submit the following along with the form:(a) If there is a change from a broker license type to another, the individual's wall license and pocket card; and(b) For principal and managing brokers, proof of a surety bond in the sum of $25,000 to run concurrently with the dates of licensure, executed by the individual and by a surety company authorized to do business in the state of New Hampshire; (8) "Name Change," revised 9/2019.. Individuals submitting this form shall include legal proof of their name change.(c) Whenever a licensee changes his or her affiliation from one principal broker to another, or ceases to represent a principal broker, the principal broker shall notify the commission, in writing, no later than 5 days after the change along with the appropriate form described in (b) above.(d) In addition to completing the appropriate form described in (b) above, the new principal broker shall attest that the applicant is of good moral character and is trustworthy.(e) An amendment fee shall be submitted for any changes listed in (a) through (c) above that require the salesperson, broker, firm, or firm branch license to be amended.(f) Should a broker or salesperson change her or his status to nonresident broker or salesperson, she or he shall file an irrevocable consent and power authorizing the commission to act as specified in RSA 331-A:22.N.H. Admin. Code § Rea 404.02
#2130, eff 8-30-82; ss by #2847, eff 9-19-84, EXPIRED: 9-19-90
New. #5075, eff 2-21-91; ss by #5573, eff 2-11-93, EXPIRED: 2-11-99
New. #7163, INTERIM, eff 12-18-99, EXPIRED: 4-16-00
New. #7265, eff 5-6-00; EXPIRED: 5-6-08
New. #9202, INTERIM, eff 7-16-08; ss by #9301, eff 10-22-08
Amended by Volume XXXVII Number 28, Filed July 13, 2017, Proposed by #12213, Effective 6/18/2017, Expires 6/18/2027.Amended by Volume XL Number 7, Filed February 13, 2020, Proposed by #12977-B, Effective 1/23/2020, Expires 1/23/2020