New Hampshire Revised Statutes 28:6-a – Authority to Contract for Professional Real Estate Services
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I. The county commissioners shall be authorized to contract for professional real estate services for the sale or lease of county property as follows:
(a) The commissioners shall publish a request for qualifications for professional real estate services to be procured. The commissioners shall select licensed real estate professionals who have demonstrated competence and qualifications to market the sale or lease of real property.
(b) The commissioners shall prepare a description of its procedures for procurement of professional real estate services. These descriptions shall be distributed to interested professionals subject to the provisions of this section.
(c) The commissioners shall negotiate a contract with the highest qualified firm for professional real estate services at compensation which the commissioners determine is fair and reasonable to the county. In making such determination, the commissioners shall take into account the estimated value, scope, complexity, and professional nature of the services to be rendered.
(d) If the commissioners are unable to negotiate a satisfactory contract with the firm considered to be the most qualified, at a price determined to be fair and reasonable to the county, the commissioners shall then undertake negotiations with the next most qualified firm in order of competence and qualifications and continue negotiations until an agreement is reached.
II. In this section:
(a) “Professional real estate services” means those professional services of licensed real estate professionals, as well as incidental services that members of the profession and those in their employ may logically and justifiably perform. These services shall include at a minimum a market analysis based on the highest and best use of all county property being sold or leased.
(b) “Licensed real estate professional” means any individual, firm, partnership, corporation, association, or other legal entity permitted by law to practice the real estate profession in this state under RSA 331-A.
(a) The commissioners shall publish a request for qualifications for professional real estate services to be procured. The commissioners shall select licensed real estate professionals who have demonstrated competence and qualifications to market the sale or lease of real property.
Terms Used In New Hampshire Revised Statutes 28:6-a
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(b) The commissioners shall prepare a description of its procedures for procurement of professional real estate services. These descriptions shall be distributed to interested professionals subject to the provisions of this section.
(c) The commissioners shall negotiate a contract with the highest qualified firm for professional real estate services at compensation which the commissioners determine is fair and reasonable to the county. In making such determination, the commissioners shall take into account the estimated value, scope, complexity, and professional nature of the services to be rendered.
(d) If the commissioners are unable to negotiate a satisfactory contract with the firm considered to be the most qualified, at a price determined to be fair and reasonable to the county, the commissioners shall then undertake negotiations with the next most qualified firm in order of competence and qualifications and continue negotiations until an agreement is reached.
II. In this section:
(a) “Professional real estate services” means those professional services of licensed real estate professionals, as well as incidental services that members of the profession and those in their employ may logically and justifiably perform. These services shall include at a minimum a market analysis based on the highest and best use of all county property being sold or leased.
(b) “Licensed real estate professional” means any individual, firm, partnership, corporation, association, or other legal entity permitted by law to practice the real estate profession in this state under RSA 331-A.