Vermont License Law
The Vermont Real Estate Commission has the authority to:
AImpose criminal sentences on licensees
BSuspend, revoke, or impose fines on licensees for violations✓ Correct
CSet maximum commission rates for licensees
DApprove all real estate contracts before closing
Explanation
VREC has administrative disciplinary authority to suspend or revoke licenses, issue reprimands, and impose fines for violations of Vermont real estate law and Commission rules.
Related Vermont Vermont License Law Questions
- How many hours of continuing education must a Vermont real estate salesperson complete to renew their license?
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- Vermont's new licensee must complete all pre-license requirements and pass both:
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- Vermont's license law prohibits a licensee from receiving compensation from more than one party in a transaction UNLESS:
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