Environmental
Vermont's Agency of Natural Resources (ANR) is responsible for regulating which of the following that directly affect real estate transactions?
AReal estate agent licensing
BWetlands permits, wastewater permits, and land use permits related to natural resources✓ Correct
CProperty transfer tax collection
DAct 250 economic impact criteria only
Explanation
Vermont's ANR regulates wetlands, wastewater systems, stormwater, drinking water, underground storage tanks, and other environmental programs that directly affect real estate development and transactions. ANR permits are often required before development can proceed.
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Related Vermont Questions
- The Vermont Agency of Natural Resources (ANR) is responsible for:Environmental
- Vermont's Agency of Natural Resources (ANR) Wastewater System and Potable Water Supply permit is required when:Environmental
- Vermont's 'wetlands permit' from the Agency of Natural Resources is required before:Environmental
- Vermont's 'potable water supply permit' is required from the Agency of Natural Resources before:Environmental
- Vermont's Agency of Commerce and Community Development (ACCD) administers programs related to:Land Use & Zoning
- Vermont's 'Act 250 natural community criteria' (Criterion 9(J)) requires that development not adversely affect:Land Use & Zoning
- Which agency regulates real estate licenses in Vermont?Vermont License Law
- Vermont Act 250 requires permits for development above what elevation?Land Use & Zoning
Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
State-Specific Concepts
Transfer Tax
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