100+ Free NH Auctioneer Practice Questions
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Key Facts: NH Auctioneer Exam
75%
Passing Score
NH Board
$75
Exam Fee
NH Board
100 Q
Practice Questions
OpenExamPrep
4x/year
Exam Frequency
NH Board
7
Content Areas
NH Board
New Hampshire requires auctioneers to pass a written exam through the NH Board of Auctioneers with a 75% passing score. The exam is offered quarterly and costs $75. It tests NH-specific auction law (including RSA 358-A consumer protection), UCC provisions, trust account management, and fiduciary duties.
About the NH Auctioneer Exam
The New Hampshire Licensed Auctioneer exam is administered by the NH Board of Auctioneers. It covers New Hampshire auction law, general auctioneering principles, contract law, ethics, principal-agent relationships, advertising rules, and financial math. The exam is offered 4 times per year.
Questions
80 scored questions
Time Limit
2 hours
Passing Score
75%
Exam Fee
$75 (NH Board of Auctioneers)
NH Auctioneer Exam Content Outline
NH Auction Laws & Regulations
NH Board of Auctioneers authority, licensing requirements, RSA 358-A consumer protection, disciplinary actions, and record-keeping obligations
Contract Law
UCC Article 2 auction provisions, statute of frauds, offer and acceptance, warranties, and title transfer at auction
Auction Ethics
Shill bidding prohibitions, disclosure requirements, conflict of interest rules, misrepresentation, and professional conduct
Auction Procedures
Reserve vs. absolute auctions, bid calling, bid increments, settlement procedures, online auctions, and clerk duties
Law of Principal & Agent
Agency relationships, fiduciary duties (loyalty, obedience, accounting, disclosure, confidentiality), authority types, and liability
Financial Math & Accounting
Commission calculations, buyer's premium, settlement statements, trust account management, tax computations, and reconciliation
Advertising Rules
Required disclosures in ads, truth-in-advertising, license number display, reserve/absolute terminology, and NH advertising compliance
How to Pass the NH Auctioneer Exam
What You Need to Know
- Passing score: 75%
- Exam length: 80 questions
- Time limit: 2 hours
- Exam fee: $75
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
NH Auctioneer Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the New Hampshire auctioneer licensing exam?
The NH auctioneer exam covers auction law, ethics, contract law, and general auctioneering principles. You must score at least 75% to pass. The exam is administered by the NH Board of Auctioneers and is offered 4 times per year.
What are the requirements to become a licensed auctioneer in New Hampshire?
New Hampshire requires candidates to pass the written auctioneer licensing exam with a 75% score, pay the $75 exam fee, and meet any additional Board requirements including background checks and bonding. Applicants must also demonstrate knowledge of NH auction law and general auctioneering principles.
What topics does the NH auctioneer exam cover?
The exam covers seven content areas: NH auction laws and regulations, contract law (including UCC provisions), auction ethics, auction procedures, law of principal and agent, financial math and accounting, and advertising rules. NH-specific laws like RSA 358-A consumer protection are heavily tested.
How often is the New Hampshire auctioneer exam offered?
The NH auctioneer licensing exam is offered 4 times per year (quarterly). Candidates should submit their applications well in advance of their preferred testing date and plan their study schedule around the quarterly testing windows.