Susan is a Vermont-licensed real estate salesperson who has been actively practicing for three years. She wants to upgrade to a broker's license. Under Vermont law, which combination of requirements must Susan generally satisfy before she can qualify to sit for the Vermont broker licensing examination?
Correct Answer
A) Complete a Vermont-approved broker pre-licensing course and demonstrate a minimum period of active salesperson experience as required by VREC rules
Under 26 V.S.A. Chapter 41 and VREC rules, a Vermont salesperson who wishes to upgrade to a broker license must generally complete a Vermont-approved broker pre-licensing education course and meet the minimum active salesperson experience requirement established by the Commission. These are the core prerequisites before a candidate may sit for the Vermont broker examination administered by PSI. The specific experience period and course hours are set by VREC rules and must be satisfied before examination eligibility is granted.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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