How long is a temporary license valid after the death or incapacity of a broker?

A temporary license is designed to provide a means for a salesperson to continue operating in the event of the death or incapacity of their supervising broker. In New Hampshire, this temporary license is valid for one year after the broker's death or incapacity. This allows time for the salesperson to find a new broker or for the estate of the deceased broker to resolve the business affairs, ensuring a smooth transition without sudden disruption in service.

The one-year timeframe is significant because it balances the need for continuity in real estate transactions with the practicalities of transitioning to a new broker. The other options suggest longer durations that would not align with the state's regulatory framework, which aims to keep the market stable while providing enough time for necessary adjustments.