Vermont License Law
Vermont's 'pocket listing' — where a broker markets a property privately before MLS entry — is governed primarily by:
AAct 250
BNAR's Clear Cooperation Policy (if the broker is a Realtor) and the broker's duties under the listing agreement✓ Correct
CVermont Property Transfer Tax rules
DThe Vermont Environmental Court
Explanation
Pocket listings are governed by the National Association of Realtors' Clear Cooperation Policy (for Realtor members), which generally requires MLS submission within one business day of marketing a listing publicly, and by the broker's fiduciary duties and listing agreement terms.
Related Vermont Vermont License Law Questions
- A licensee who changes their employing broker in Vermont must:
- Vermont's VREC may impose a fine of up to how much per violation of the real estate licensing law?
- Vermont's requirement that all license fees be paid to VREC means:
- Vermont's VREC requires that brokerage trust accounts be held at:
- Vermont's rules regarding referral fees require that:
- Which of the following statements about Vermont's real estate licensing examination is correct?
- Under Vermont license law, a real estate broker must maintain trust account records for at least:
- Vermont licensees who receive an earnest money deposit must deposit it in a trust account within:
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