Title 26, Title 26: Professions and Occupations

§ 2251. Real Estate Commission (a) A Vermont Real Estate Commission is created, consisting of seven members. One member of the Commission shall be an attorney at law. Two shall be members of the public who have no financial interest in the activities regulated under this chapter,…

§ 2252. Powers and duties (a) The Commission shall adopt rules in accordance with 3 V.S.A. chapter 25 necessary for the performance of its duties, including: (1) a definition of the activities that may be performed only by a licensee, in accordance with section 2211 of this title…

§ 2253. Commission procedures (a) Annually, the Commission shall meet to elect a chair, a vice chair, and a secretary. (b) Meetings may be called by the Chair and shall be called upon the request of any other two members. (c) Meetings shall be warned and conducted in accordance w…

§ 2255. Fees (a) Applicants and persons regulated under this chapter shall pay the following fees: (b) [Repealed.] (Added 1985, No. 6, § 1; amended 1989, No. 250 (Adj. Sess.), § 56; 1995, No. 47, § 25; 2013, No. 27, § 28; 2013, No. 191 (Adj. Sess.), § 18; 2015, No. 57, § 2; 2019,…

§ 2291. General provisions (a) A real estate license shall not be authority for more than one person to perform the activities listed in section 2211 of this chapter. (b) A registered brokerage firm shall designate in its application the individual who is to serve as the principa…

§ 2292. Eligibility (a) A license as a real estate broker shall be granted to a person who satisfies all of the following: (1) has passed an examination as required by the Commission; (2) has gained at least two years’ experience satisfactory to the Commission as a licensed sales…

§ 2292a. Examinations (a) The Commission shall select and administer examinations for licensure. The Commission may use independent testing services or others to assist in the administration of written examinations. (b) Examinations and examination procedures shall be fair and re…

§ 2293. Renewal of license; expired license Licenses shall be renewed every two years without examination and on payment of the required fees, provided that the person applying for renewal completes at least 24 hours of instruction for brokers and 16 hours of instruction for sale…

§ 2294. Change of name or location (a) Whenever a licensed broker desires to be licensed under a different name, the broker shall pay the fee established under section 2255 of this chapter. Notice of any change in the names and addresses of the licensees shall be given to the Com…

§ 2295. Display of license All licenses shall be conspicuously displayed within licensee’s place of business. (Amended 1979, No. 81, § 3, eff. May 10, 1979; 1985, No. 6, § 1.)

§ 2296. Unprofessional conduct In addition to the conduct set forth in 3 V.S.A. § 129a, the following conduct by those regulated under this chapter constitutes unprofessional conduct: (1) commingling money or other property to which the licensee’s clients or other persons are ent…

§ 2297. Nonresident broker A nonresident of the State, who has held a real estate broker’s or salesperson’s license in the previous state of residence for a period of two years prior to applying for a license, may be licensed to act in a similar capacity in this State by conformi…

§ 2299. Death of broker; temporary license In the event of the death of a licensed real estate broker, the Commission may, upon application by the broker’s legal representative, issue without examination a temporary license to such legal representative or to an individual designa…