When can a real estate license be considered valid?

A real estate license is considered valid when it is in the possession of the broker or salesperson. This means that the individual holding the license has met all the necessary qualifications and requirements set forth by the New Hampshire Real Estate Commission. These requirements typically include completing a designated amount of educational coursework, passing a state examination, and submitting an application along with any required fees.

The rationale behind this is that the license serves as a legal credential that authorizes the holder to engage in real estate transactions on behalf of clients. Simply having completed the coursework or paid the licensing fee does not confer validity; it is the physical possession of the license that allows the broker or salesperson to operate legally in the real estate market.

Although the other choices reference aspects related to the licensing process, they do not encapsulate the broader requirement of possessing the license for it to be considered valid. Displaying the license at an office or having completed the required coursework are important steps, but without the license being in the actual possession of the real estate professional, it cannot be deemed valid.