In Vermont, the property is subject to a right of first refusal. Which statement is correct?
Correct Answer
A) A known right of first refusal is a significant limitation on conveyance that should be disclosed before showing
Vermont rules require disclosure before showing of known significant limitations on the seller's ability to convey title, including rights of first refusal. Source basis: Vermont Real Estate Commission Administrative Rules, OPR publication, checked 2026-04-30
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