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Pre-licensing Vermont law Exam questions with correct answers, 60 Q&A, 2024. With Complete Solution.

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Pre-licensing Vermont law Exam questions with correct answers, 60 Q&A, 2024. With Complete Solution. All of the following require a Real Estate License except: c. offering rental properties for lease. All of the below are licenses offered through the commission except: d. none of the above. How many people make up the Vermont Real Estate Commission a. 7 3 brokers, 1 sales person- 2 citizen 1 attorney When a company moves to a new address, how long do they have to notify the commission? d. 30 days. The predominat form of property description in Vermont is: a. mete's and bounds.

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Pre-licensing Vermont law Exam questions with
correct answers, 60 Q&A, 2024. With Complete
Solution.
All of the following require a Real Estate License except:

c. offering rental properties for lease.

All of the below are licenses offered through the commission except:

d. none of the above.

How many people make up the Vermont Real Estate Commission

a. 7 3 brokers, 1 sales person- 2 citizen 1 attorney

When a company moves to a new address, how long do they have to notify the commission?

d. 30 days.

The predominat form of property description in Vermont is:

a. mete's and bounds.

A real estate advertisment by a licensee must:

b. Prominently display the name of the brokerage firm.

How many days after receiving an earnest money deposit does the real estate brokerage firm have to
deposit in into the campany's escrow trust account?

b. five days.

All of the below are types of service agreements except

c. exclusive broker agreement

What year did the Vermont legislature pass the sign law?

b. 1968

When the vermont legislature passed the sign law, what were they trying to achieve?

a. to eliminate use of off-site advertisign.

All of the following signs are not permitted in Vermont exept:

c. for sale.

In order to become a licensed real estate broker you need:

d. all of the above.

, To obtain a license, all of the following statements are false except

c. you must be employed by a brokerage firm and their principal broker.

Licenses need to be renewed every how many years?

b. 2

If a Licensee has falsely informed clients, embeszzled, or is convicted of fraudulent activities, he is
guilty of?

c. Unprofessional conduct.

If someone has a temporary license, what is the period of time in which they expire?

b. Not to exceed a year

All of the following are to true, except:

c. you have the ability to delegate family members to assist you n professional responsibilities, as long as
they are in your immediate family.

The Vermont's Real Estate Conveyance Law deals with:

c. Purchase and sales

What is the job of a surveyor?

d. Establish lines and locate monuments.

What is the monetary amount for a Vermont Homestead?

B. $125,000

What law in Vermont spells out the obligations of both the landlord and tenants in a lease agreement?

a. Landlord Tenant law.

What is the name of the notic from landlord to tenatnt that is either hand delivered or mailed to the
last known address?

c. Actual notice

In order for a landlord to legally enter the dwelling unit of their tenant, it has to be within the hours of
9 a.m. to 9 pm with no less than how much notice?

d. 48 hours.

All the following are legal reasons on why a landlord can enter a dwelling unit except:

c. to inspect for illegal actitivy.

How many days does a landlord have to return a security deposit if any, to the tenants after they
vacate?

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