Vermont License Law
A Vermont licensee who is found guilty of 'misrepresentation' in a real estate transaction faces which consequence(s) from the VREC?
AOnly a warning letter for a first offense
BPotential license suspension or revocation, fines, and required restitution✓ Correct
CCriminal prosecution only
DAutomatic loss of their real estate commission only
Explanation
Vermont's VREC may impose a range of disciplinary sanctions for misrepresentation including license suspension, revocation, probation, fines, and required restitution to harmed parties. Criminal prosecution for fraud may also proceed independently of administrative proceedings.
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