Question

3 weeks before N begins his real estate pre-licensing class, he offers to help his neighbor sell her house. The neighbor agrees to pay N a 5% commission. An offer is accepted while N is taking the class, and closes the day before N passes his exam and receives his license. The neighbor refuses to pay N the agreed commission. Can N sue to recover payment?

A. Yes, because N was formally enrolled in a course of study intended to result in a real estate license at the time was procured and accepted, the commission agreement is binding
B. No, in NH a real estate agent salesperson must have a permanent office in which his/her license is displayed in order to collect a commission
C. Yes, while the statue of frauds forbids recovery on an oral agreement for the conveyance of real property, NH la permits enforcement of an oral commission contract under these facts.
D. No, state laws prohibit lawsuit to collect commission unless the injured party is a licensed broker and the license was in effect before the agreement was reached

Answer 1

Yes, because N was formally enrolled in a course of study intended to result in a real estate license at the time the offer was procured and accepted, the commission agreement is binding. The correct answer is A. Yes, because N was formally enrolled in a course of study intended to result in a real estate license at the time the offer was procured and accepted, the commission agreement is binding.

Step-by-step explanation:

The correct answer is A. Yes, because N was formally enrolled in a course of study intended to result in a real estate license at the time the offer was procured and accepted, the commission agreement is binding.

When N offered to help his neighbor sell her house, they agreed to a 5% commission. An offer was then accepted while N was taking his real estate pre-licensing class. The closing of the house happened before N passed his exam and received his license. The fact that N was enrolled in a pre-licensing class and intended to obtain a real estate license at the time of the offer means that the commission agreement is binding. The correct answer is A. Yes, because N was formally enrolled in a course of study intended to result in a real estate license at the time the offer was procured and accepted, the commission agreement is binding.