In Vermont, a sale is under contract and the broker wants to add a status rider. Which statement is correct?
Correct Answer
A) Sold, sale pending, sale under contract, or similar riders are not permitted
Vermont sign law does not permit sold, sale pending, sale under contract, or similar status signs attached to real estate signs. Source basis: 10 V.S.A. Section 493, Vermont Statutes Online, checked 2026-04-30
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Related Topics & Key Terms
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Key Terms:
Related Concepts
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
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