Vermont License Law
A Vermont real estate firm (brokerage) must be licensed as a:
AIndividual salesperson under the principal broker
BReal estate company license issued to the business entity✓ Correct
CDivision of the Vermont Department of Financial Regulation
DCooperative association under VREC rules
Explanation
Real estate firms operating in Vermont must obtain a company license from VREC in addition to the individual broker license of the designated principal broker.
People Also Study
Related Vermont Questions
- Under Vermont license law, a broker who 'abandons' their principal office without notifying the VREC could face:Vermont License Law
- How many hours of pre-license education are required to obtain a Vermont real estate salesperson license?Vermont License Law
- To qualify for a Vermont real estate broker license, an applicant must have at least how many years of experience as a licensed salesperson?Vermont License Law
- In Vermont, a real estate brokerage firm that is organized as a corporation must designate a:Vermont License Law
- A Vermont broker's policy requires all affiliated licensees to use designated agency for in-house transactions. What must the broker do when both the listing agent and buyer's agent are from the same firm?Agency
State-Specific Concepts
Broker Supervision
Practice More Vermont Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Vermont Quiz →