Which of the following actions is NOT a valid reason for revoking a broker's license in NH?

Revoking a broker's license in New Hampshire is grounded primarily in misconduct that violates the ethical and legal standards imposed on real estate professionals. Each of the other actions listed demonstrates a clear breach of these standards.

The first three actions all involve deceptive practices that undermine the integrity of the real estate profession. Being convicted of obtaining money under false pretenses establishes a criminal background that can jeopardize public trust. Similarly, depositing escrow funds into a personal account constitutes a serious breach of fiduciary duty and misappropriation of client funds, while advertising false membership misrepresents the broker's credentials, misleading clients and colleagues within the industry.

On the other hand, agreeing with a seller to accept a higher than usual commission rate, while it may raise ethical questions, does not inherently violate the laws regulating real estate practices in New Hampshire. Commission rates are typically negotiable between the broker and the seller, and as long as both parties have agreed to the terms, it does not constitute grounds for license revocation. This interaction pertains more to business ethics and client relationships rather than a violation of legal statutes or regulations governing broker conduct.

Thus, the action of negotiating commission rates does not automatically trigger revocation of a broker's license, distinguishing it from the other actions listed