Property Management
Vermont's 'just cause' eviction standard (where applicable) means that a landlord:
AMay evict any tenant with 30 days' notice regardless of reason
BMust have a legally recognized reason to terminate a tenancy✓ Correct
CMay only evict tenants who fail to pay rent
DCannot evict tenants who have lived in the property for more than 2 years
Explanation
Vermont's tenant protections include requirements that landlords have legally recognized 'just cause' reasons — such as non-payment of rent, lease violations, or property damage — before terminating certain tenancies or seeking eviction.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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