A broker licensed in a state whose requirements are substantially equal applies in Vermont. Which requirement does Rule 2.5 not let the Commission waive?Vermont Real Estate Commission Administrative Rules, Rule 2.5
A broker's license expired three years ago. What does Rule 3.2(a) ask for to reinstate it?Vermont Real Estate Commission Administrative Rules, Rule 3.2(a)
A new broker plans to operate independently and not under an existing firm. What else do the Office of Professional Regulation's application instructions require?Office of Professional Regulation, Real Estate Salesperson, Broker and Firm Application Instructions
A registered Vermont brokerage firm opens a second place of business in the State. What does 26 V.S.A. 2294(c) require for it?26 V.S.A. § 2294(c)
After a licensed broker dies, a temporary license may let the broker's legal representative carry on the business for how long at most?26 V.S.A. § 2299
An actively licensed Vermont broker wants to surrender that license and practice as a salesperson. Under the Commission's 2015 policy, what must the broker meet?Vermont Real Estate Commission, Policy on Changing License from Real Estate Broker to Real Estate Salesperson
Show all 93 questions (87 more)
Broker license and renewal, continued
Every licensee must be associated with a single registered brokerage firm. Which broker may be associated with a second one (Rule 2.3)?Vermont Real Estate Commission Administrative Rules, Rule 2.3(c)
The experience a broker applicant shows must include how many separate and unrelated closed transactions?26 V.S.A. § 2292(a)(2)
How long must a broker have been actively licensed in good standing in another U.S. jurisdiction to use Vermont's fast-track endorsement?3 V.S.A. § 136a; Office of Professional Regulation, Real Estate Application Instructions
How many hours of approved instruction make up the course a broker applicant must complete (26 V.S.A. 2292)?26 V.S.A. § 2292(a)(3)
How many hours of approved instruction must a broker complete in the two years before renewal (26 V.S.A. 2293)?26 V.S.A. § 2293
How much experience as a licensed salesperson does 26 V.S.A. 2292 require before a broker license is granted?26 V.S.A. § 2292(a)(2)
What is a temporary licensee under 26 V.S.A. 2299 not allowed to do?26 V.S.A. § 2299
What must a brokerage firm name in its registration application under 26 V.S.A. 2291(b)?26 V.S.A. § 2291(b)
Which closed sale could not be counted among a broker applicant's eight transactions under Rule 2.5?Vermont Real Estate Commission Administrative Rules, Rule 2.5(c)
Within how long before the application must a broker applicant have passed the national and state examinations (Rule 2.5)?Vermont Real Estate Commission Administrative Rules, Rule 2.5(b)
Within how long must a principal broker or broker in charge tell the Office of Professional Regulation in writing of a change in the name, address, phone number or email of the firm or one of its licensees (Rule 3.4)?Vermont Real Estate Commission Administrative Rules, Rule 3.4(a)
Principal broker, offices and records 16
A 'broker in charge' under Rule 1.8 is the individual broker responsible for what?Vermont Real Estate Commission Administrative Rules, Rule 1.8(b)
A broker in charge of one branch office is asked to take charge of a second branch as well. What does Rule 4.1(d) say?Vermont Real Estate Commission Administrative Rules, Rule 4.1(d)
A Commission agent arrives to inspect a firm's records while the principal broker, the broker in charge and their designee are all out. What does Rule 4.14(b) provide?Vermont Real Estate Commission Administrative Rules, Rule 4.14(b)
A principal broker's license ceases to be active. What happens to the firm's other licensees under Rule 3.1(b)?Vermont Real Estate Commission Administrative Rules, Rule 3.1(b)
Besides a principal broker and a broker in charge for each branch, what must a firm's registration application designate (Rule 2.6)?Vermont Real Estate Commission Administrative Rules, Rule 2.6(c)
The broker in charge of a branch office lets her license lapse. Who loses authority to transact business in the firm's name (Rule 3.1(c))?Vermont Real Estate Commission Administrative Rules, Rule 3.1(c)
Can a salesperson open and register his or her own real estate office in Vermont, according to the Office of Professional Regulation's published answers?Office of Professional Regulation, Salesperson & Broker FAQs
For how long must a brokerage firm keep its records of brokerage services at its usual place of business (Rule 4.14)?Vermont Real Estate Commission Administrative Rules, Rule 4.14(a)
For whose professional conduct may a principal broker be held vicariously responsible (Rule 4.2)?Vermont Real Estate Commission Administrative Rules, Rule 4.2(a)
How soon must a licensee respond in good faith when the Commission or the Office of Professional Regulation contacts the licensee about a regulatory matter (Rule 4.15)?Vermont Real Estate Commission Administrative Rules, Rule 4.15
In a designated agency firm the principal broker is the designated agent for a seller, and another licensee's buyer client makes an offer on that property. What must the principal broker do?Vermont Real Estate Commission Administrative Rules, Rule 4.2(c)
Under the Commission's rules, who is the 'principal broker'?Vermont Real Estate Commission Administrative Rules, Rule 1.8(u)
Under whose supervision and training must a firm's licensees work (Rule 4.2)?Vermont Real Estate Commission Administrative Rules, Rule 4.2(b)
Where must a firm's licensees have their primary place of business (Rule 4.1)?Vermont Real Estate Commission Administrative Rules, Rule 4.1(c)
Where must a principal broker maintain his or her place of business (Rule 4.1)?Vermont Real Estate Commission Administrative Rules, Rule 4.1(a)
Who may not act as the supervising licensee for a transaction between two clients of a designated agency firm (Rule 1.8)?Vermont Real Estate Commission Administrative Rules, Rule 1.8(y)
Trust and escrow accounts 16
A broker must tell the depositor whether the funds go into an individual or a pooled account. What record of that must the broker keep (26 V.S.A. 2214(d))?26 V.S.A. § 2214(d)
A deposit goes into an individual interest-bearing trust account, at the depositor's request, when it is reasonably expected to earn more than what amount (Rule 4.7(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.7(c)
A deposit sits in an individual interest-bearing account and the buyer defaults. With no written agreement otherwise, who is paid the interest (26 V.S.A. 2214(b))?26 V.S.A. § 2214(b)(1)
A firm learns that the buyer and seller dispute who should receive a deposit it holds in trust. What does Rule 4.7(d) require?Vermont Real Estate Commission Administrative Rules, Rule 4.7(d)
A listing firm and a buyer's firm are both in a sale. Unless agreed otherwise in writing, in whose account is the deposit placed (Rule 4.7(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.7(b)
A new firm will not collect any earnest money or contract deposits. What does the Office of Professional Regulation ask it to upload in place of trust account details?Office of Professional Regulation, Salesperson & Broker FAQs
A salesperson affiliated with a firm receives a contract deposit to be held in escrow. Which account must the salesperson use (Rule 4.7(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.7(b)
After opening a trust or escrow account, how long does a broker have to tell the Commission which institution holds it?26 V.S.A. § 2214(a)
From what event do the five banking days for depositing a contract deposit run under Rule 4.7(b)?Vermont Real Estate Commission Administrative Rules, Rule 4.7(b)
How does Rule 4.7(i) treat wire transfer and overdraft charges on the trust account?Vermont Real Estate Commission Administrative Rules, Rule 4.7(i)
What does 26 V.S.A. 2214(b) say about checks drawn on an individual interest-bearing trust account?26 V.S.A. § 2214(b)(2)
When may a brokerage firm keep its own money in its trust account (Rule 4.7(i))?Vermont Real Estate Commission Administrative Rules, Rule 4.7(i)
Where does the interest on a firm's pooled trust account go under 26 V.S.A. 2214(c)?26 V.S.A. § 2214(c)
Where must a broker keep the books, records and contracts that relate to the trust or escrow account (26 V.S.A. 2214)?26 V.S.A. § 2214(a)
Who remains responsible for a firm's trust account and all transactions concerning it (Rule 4.7(h))?Vermont Real Estate Commission Administrative Rules, Rule 4.7(h)
Within how many banking days must a broker deposit earnest money and contract deposits in a trust or escrow account (26 V.S.A. 2214)?26 V.S.A. § 2214(a)
Agency and disclosure 16
A licensee of a non-designated agency firm wants to buy a property the firm has listed. What must the firm do before the licensee negotiates (Rule 4.3(f))?Vermont Real Estate Commission Administrative Rules, Rule 4.3(f)
A non-designated agency firm represents a seller, and one of its buyer clients wants that property. May the firm act as agent for both in the transaction (Rule 4.3)?Vermont Real Estate Commission Administrative Rules, Rule 4.3(d)(1)
A seller client refuses to let the licensee disclose a material fact that the licensee considers necessary to disclose. What does Rule 4.5(b) require?Vermont Real Estate Commission Administrative Rules, Rule 4.5(b)
After how long must a new consumer disclosure form be given to the same person (Rule 4.6(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.6(c)
At an open house, what takes the place of handing the disclosure form to each unrepresented visitor (Rule 4.6(h))?Vermont Real Estate Commission Administrative Rules, Rule 4.6(h)(1)
At first contact with a member of the public interested in buying or selling, what must a licensee disclose, orally or in writing (Rule 4.6(a))?Vermont Real Estate Commission Administrative Rules, Rule 4.6(a)
The Commission's consumer disclosure form must reach an unrepresented person before which events (Rule 4.6(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.6(b)
How many licensees must a brokerage firm have before it may elect to practice designated agency (Rule 4.4)?Vermont Real Estate Commission Administrative Rules, Rule 4.4(a)
In a designated agency firm, who owes a particular client the duties of a fiduciary (Rule 4.4(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.4(b)
Once a designated agent is appointed, how is information the agent knows or acquires treated (Rule 4.4(i))?Vermont Real Estate Commission Administrative Rules, Rule 4.4(i)
The person given the consumer disclosure form declines to sign it. What does the licensee do (Rule 4.6(f))?Vermont Real Estate Commission Administrative Rules, Rule 4.6(f)
Unless otherwise agreed, what happens to the duty to protect a client's confidences when the brokerage service agreement expires (Rule 1.8(n))?Vermont Real Estate Commission Administrative Rules, Rule 1.8(n)
Until closing, which offers must a firm and its licensees submit to the client (Rule 4.3(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.3(c)(2)
What must a designated agency firm obtain when it appoints a designated agent for a client (Rule 4.4(d))?Vermont Real Estate Commission Administrative Rules, Rule 4.4(d)(1)
When must a licensee who is buying property for his or her own use disclose the license and that purpose (Rule 4.5(d))?Vermont Real Estate Commission Administrative Rules, Rule 4.5(d)
Which service may no Vermont brokerage firm offer under Rules 4.3 and 4.4?Vermont Real Estate Commission Administrative Rules, Rule 4.3(d)(3)
Service agreements, advertising and pay 17
A licensee from another state refers a buyer to a Vermont firm and comes along to the showings. What may the out-of-state licensee do in Vermont (Rule 4.13(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.13(b)
A licensee gives part of her commission back to the buyer she represented, and not as pay for brokerage services. How does Rule 4.13(a) treat this?Vermont Real Estate Commission Administrative Rules, Rule 4.13(a)
A licensee markets a house in which she holds an ownership interest. What must every advertisement disclose (Rule 4.12(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.12(b)
A seller service agreement may pay the firm on a sale made within a stated number of months after it expires. What is the most that number can be (Rule 4.9(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.9(c)(1)
An owner wants $300,000 for her land and offers the firm whatever a buyer pays above that. How do the Commission's rules treat this arrangement?Vermont Real Estate Commission Administrative Rules, Rule 4.8(e)
For a clause that pays the firm after a seller service agreement expires, the firm must give the seller the purchaser's name in writing within how long after expiration (Rule 4.9(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.9(c)(3)
The seller's firm pays the buyer's firm out of the brokerage fee. What does Rule 4.13(d) say about agency and consent?Vermont Real Estate Commission Administrative Rules, Rule 4.13(d)
Under a cooperation agreement between brokerage firms, whose agent is the cooperating firm (Rule 4.11(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.11(b)
Under which seller service agreement does the owner owe the firm a commission or fee even if the owner sells the property (Rule 1.8)?Vermont Real Estate Commission Administrative Rules, Rule 1.8(l)
What is the largest area a 'for sale' sign, or several signs on the same premises taken together, may have (Rule 4.12(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.12(c)(1)
What is the longest term a brokerage service agreement may run from its effective date (Rule 4.8(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.8(b)
What must a brokerage firm have before rendering any brokerage services (Rule 4.8(a))?Vermont Real Estate Commission Administrative Rules, Rule 4.8(a)
What must be the largest and most prominent identifier in every real estate advertisement (Rule 4.12(a))?Vermont Real Estate Commission Administrative Rules, Rule 4.12(a)
Where may a 'for sale' sign be erected and maintained (Rule 4.12(c))?Vermont Real Estate Commission Administrative Rules, Rule 4.12(c)(3)
Which arrangement do the rules accept as a cooperation agreement that creates an agency relationship between brokerage firms (Rule 4.11(e))?Vermont Real Estate Commission Administrative Rules, Rule 4.11(e)
Which provision may a brokerage service agreement not contain (Rule 4.8(b))?Vermont Real Estate Commission Administrative Rules, Rule 4.8(b)
Which title may head a Vermont seller service agreement under Rule 4.9(a)?Vermont Real Estate Commission Administrative Rules, Rule 4.9(a)
The Commission and discipline 11
A person brokers a Vermont sale without a license and is not paid. What does 3 V.S.A. 127(e) say about a suit for the fee?3 V.S.A. § 127(e)
An applicant is denied a broker license by the Commission's final decision. Within how long may the applicant appeal to an appellate officer (Rule 2.10)?Vermont Real Estate Commission Administrative Rules, Rule 2.10; 3 V.S.A. § 130a
How many of the Vermont Real Estate Commission's seven members must be licensed real estate brokers (26 V.S.A. 2251)?26 V.S.A. § 2251(b)
In a disciplinary action, who bears the burden of proof and by what standard (3 V.S.A. 129a(c))?3 V.S.A. § 129a(c)
What does 26 V.S.A. 2251(b) require of at least one of the Commission's broker members?26 V.S.A. § 2251(b)
What is the largest administrative penalty that may be imposed for each unprofessional conduct violation (3 V.S.A. 129a(d))?3 V.S.A. § 129a(d)(1)
What may a non-licensed employee of a licensee do under 26 V.S.A. 2211(a)(4)(G)?26 V.S.A. § 2211(a)(4)(G)
What must a written request for a declaratory ruling from the Commission show (Rule 3.3)?Vermont Real Estate Commission Administrative Rules, Rule 3.3(a)
When a rule of the Commission and a statute conflict, which governs (Rule 1.6(b))?Vermont Real Estate Commission Administrative Rules, Rule 1.6(b)
Which activity, done for others for a fee, does not require a Vermont real estate license (26 V.S.A. 2211)?26 V.S.A. § 2211(b)(8)
Within how long must a licensee report a felony or misdemeanor conviction to the Office of Professional Regulation (3 V.S.A. 129a(a)(11))?3 V.S.A. § 129a(a)(11)
How this list was compiled: Written from 26 V.S.A. Chapter 41, Real Estate Brokers and Salespersons (sections 2211 to 2299), and 3 V.S.A. Chapter 5 (sections 127, 129a, 130a and 136a), as published in the Vermont Statutes Online at https://legislature.vermont.gov/statutes/chapter/26/041; from the Administrative Rules for Real Estate Commission, effective December 1, 2015, at https://outside.vermont.gov/dept/sos/office_professional_regulation/professions/real_estate_broker_salesperson/real_estate_broker_salesperson_administrative_rules.pdf; and from the Office of Professional Regulation's Salesperson and Broker FAQs, its Real Estate Salesperson, Broker and Firm Application Instructions (April 2026) and the Commission's policy of November 19, 2015 on changing a broker license to a salesperson license, all linked from https://sos.vermont.gov/real-estate-brokers-salespersons/ and all read 2026-10-13. Licence: Own work. Questions, answer choices and explanations were written for this site from the statute and rule text; nothing is copied from another practice test, a prep book or the state or national exam.
How it works
This unofficial Vermont real estate broker practice exam has 93 of our own questions, most on 26 V.S.A. Chapter 41 and the Real Estate Commission's rules. It is not affiliated with the Commission or the Vermont Office of Professional Regulation.
Read the full guide
Two exams for a Vermont broker license
Broker applicants pass a national broker exam and the Vermont state exam. Since February 27, 2021 the Office of Professional Regulation has given the state exam inside its online license application, and it tells applicants to review its statutes and rules page first.
What the broker level adds
A broker can serve as principal broker or broker in charge, so the bank leans on what that person answers for: firm and branch registration, supervision of licensees, the trust account and seven years of records.
No outline is published
The Office publishes no outline for the state exam. The six topics here are our own grouping of that law.
Earnest money goes into the firm's trust account within five banking days (26 V.S.A. 2214).
A Vermont firm may not act as a dual agent; one with more than two licensees may elect designated agency (Rules 4.3, 4.4).
A brokerage service agreement expires within one year and cannot renew automatically (Rule 4.8).
Questions and answers
What is on the Vermont real estate broker exam?
Two exams. The national broker exam comes from the Commission's exam service and has been multiple choice since October 1, 2023. The Vermont state exam is part of the online application, and the Office of Professional Regulation points applicants to the statutes and Commission rules.
How do you become a real estate broker in Vermont?
26 V.S.A. 2292 asks for a 40-hour broker course, the required examinations, and two years as a licensed salesperson with at least eight separate and unrelated closed transactions. The Office also lists affiliation with a Vermont licensed office.
How many questions are on the Vermont broker exam?
The Office of Professional Regulation publishes no question count, time limit or pass mark for the state exam, so this page names none. For the national exam it refers applicants to the exam service, and this page does not guess those figures.
Are these the real Vermont broker exam questions?
No. Each question was written for this page from the Vermont Statutes Online, the Commission's Administrative Rules and the Office's own pages, and names its source so you can check it. National topics and real estate math are not on this page.