Vermont License Law
A Vermont broker who wishes to open a new office must:
ANotify the Vermont Real Estate Commission within 90 days
BObtain a branch office license or registration for that location✓ Correct
CHire at least three licensed salespersons before opening
DPost a $50,000 surety bond for each additional office
Explanation
Vermont requires that each office location where real estate business is conducted be separately registered or licensed. A branch office registration must be obtained from the Vermont Real Estate Commission.
Related Vermont Vermont License Law Questions
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- Which of the following would be grounds for the VREC to revoke a Vermont real estate license?
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- Vermont real estate licenses are renewed every:
- Which of the following activities requires a Vermont real estate license?
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