Vermont License Law
Vermont Act 250 is relevant to real estate because it:
AEstablishes maximum commission rates for licensees
BRequires a land use permit for certain types of development✓ Correct
CMandates energy efficiency standards in all new homes
DProhibits the sale of agricultural land to non-residents
Explanation
Vermont Act 250 is a land use and development control law that requires a permit for certain types of development, including subdivisions of 10 or more lots, developments above 2,500 feet elevation, and large commercial projects. Real estate agents should be aware of its applicability.
Related Vermont Vermont License Law Questions
- A Vermont real estate salesperson who changes the brokerage firm they work for must:
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- Vermont real estate licenses are renewed every:
- A Vermont real estate salesperson who wants to sell business opportunities (businesses for sale) must:
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