Agency
A Vermont licensee acting as a property manager is considered to be acting in a:
APurely clerical capacity
BLicensed capacity requiring the duties and responsibilities of a real estate agent✓ Correct
CConstruction management role
DPersonal capacity exempt from license law
Explanation
Property management for compensation constitutes licensed real estate activity in Vermont, requiring the manager to hold a license and comply with all Vermont license law requirements, including fiduciary duties.
Related Vermont Agency Questions
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