Vermont License Law
Vermont's real estate licensing law defines a 'qualifying broker' as the individual who is:
AAny broker with more than 5 years' experience
BThe licensed broker responsible for the supervision and conduct of a brokerage firm's licensees✓ Correct
CThe oldest licensed broker in the firm
DThe broker who earns the highest commissions
Explanation
A qualifying (or principal) broker in Vermont is the licensed individual who is responsible for supervising and overseeing the real estate activities of all licensees affiliated with their firm. Every Vermont brokerage must have a designated qualifying broker.
Related Vermont Vermont License Law Questions
- Vermont's VREC may impose which of the following on a licensee who violates the license law?
- Vermont's licensing law defines 'real estate' to include:
- Vermont requires real estate licensees to disclose their licensed status when:
- Which of the following would be grounds for the VREC to revoke a Vermont real estate license?
- A Vermont broker who employs salespersons is legally responsible for:
- Which of the following is EXEMPT from Vermont's real estate licensing requirements?
- What is the minimum passing score required on the Vermont real estate licensing exam?
- Vermont's VREC requires that all continuing education courses be:
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