Vermont Property Management
Practice Questions & Answers (2026)
Property management questions on the Vermont exam cover both the practical aspects of managing rental properties and the landlord-tenant law specific to Vermont. The Vermont Real Estate Commission tests security deposit limits, required notice periods for entry and termination, habitability standards, and the property manager's fiduciary duties. Vermont's landlord-tenant law has specific provisions — including notice requirements and tenant protections — that differ from what national study materials cover. These questions often involve scenarios where a property manager must navigate competing obligations to the owner-client and the tenant.
Vermont Exam Study Resources
Everything you need to pass — in one place.
Vermont Property Management — Practice Questions & Answers
119 questions on Property Management from the Vermont real estate question bank. First 10 are free — sign up to unlock all 119.
Q1. A Vermont property manager who collects rent on behalf of property owners must:
Explanation
Vermont real estate brokers and property managers acting for others must maintain separate trust accounts for client funds, including rents collected. Commingling client funds with personal or operating funds is a violation of Vermont license law.
Q2. Under Vermont landlord-tenant law, a landlord must provide a residential tenant with how many days' notice to cure a lease violation before initiating eviction proceedings?
Explanation
Vermont law (9 V.S.A. § 4467) generally requires a landlord to provide a 14-day notice to cure (remedy) a lease violation before the landlord may initiate eviction proceedings for non-payment of rent or lease violations.
Q3. In Vermont, a landlord may retain a residential tenant's security deposit for which of the following reasons?
Explanation
Vermont law allows a landlord to retain security deposit funds only for actual damages beyond normal wear and tear, unpaid rent, and other lease obligations the tenant failed to meet. Normal wear and tear is the landlord's responsibility.
Q4. Vermont requires a landlord to return a residential security deposit within how many days after the tenant vacates?
Explanation
Vermont law requires a landlord to return the security deposit (or provide an itemized statement of deductions) within 14 days after the tenant vacates the premises. Failure to do so may result in the landlord losing the right to make deductions.
Q5. A Vermont residential lease for a term of one year or more must be:
Explanation
Under Vermont's Statute of Frauds, leases for a term exceeding one year must be in writing to be enforceable. Oral leases for one year or less may be valid, but written leases are always recommended.
Q6. Which of the following is an example of a gross lease?
Explanation
In a gross lease, the tenant pays a single flat rent and the landlord is responsible for all operating expenses (taxes, insurance, maintenance). This is common in residential leases and some commercial leases.
Q7. A triple net (NNN) lease requires the tenant to pay:
Explanation
In a triple net (NNN) lease, the tenant pays the base rent plus the three 'nets': property taxes, building insurance, and maintenance/repair costs. NNN leases are common in commercial real estate.
Q8. A Vermont property manager is hired to manage an apartment complex. Their primary duty is to:
Explanation
A property manager's primary duty is to manage the property to maximize the owner's return while maintaining the property's value. This includes leasing, maintenance, rent collection, and financial reporting on behalf of the owner.
Q9. Vermont law prohibits a landlord from retaliating against a tenant for which of the following activities?
Explanation
Vermont's anti-retaliation law (9 V.S.A. § 4465) prohibits a landlord from retaliating against a tenant — through rent increases, eviction, or reduction of services — because the tenant reported code violations to a government agency.
Q10. A Vermont landlord wishes to enter a rented residential unit for non-emergency maintenance. The landlord must provide how many hours notice?
Explanation
Vermont law (9 V.S.A. § 4460) requires a landlord to provide at least 48 hours advance notice before entering a residential rental unit for non-emergency repairs or inspections. Emergency entry for safety or damage prevention may be made without notice.
Q11. An apartment building's capitalization rate increases from 6% to 7% while the NOI remains the same. What happens to the property's value?
109 more Property Management questions
Create a free account to unlock all 119 Vermont Property Management questions with full explanations.
Free account · No credit card · Instant access to 25 questions
Ready to take the full exam? Start free.
25 free questions · No signup · Instant access to all Vermont topics