Prepare for the Vermont real estate exam with 50 free practice questions, detailed answer explanations and links to the relevant Vermont laws and rules. No account or registration is required. Review licensing, agency, disclosures, advertising, agreements and trust accounts.

Choose an answer, read the explanation and select Next. At the end, review your score and answers or restart the test. Pair these state-law questions with our national real estate practice exam to cover both parts of your studies.

Vermont Real Estate Practice Exam

1 / 50

Under Vermont’s rules, what distinguishes a principal broker from a broker in charge?

The principal broker is responsible for the firm and branches; a broker in charge is responsible for a single office.

Only a principal broker may hold a salesperson license.

A broker in charge is always an unlicensed assistant.

A principal broker supervises only a single buyer.

2 / 50

A Vermont buyer has a representation agreement but visits a property without that agent. For the consumer disclosure rule, can that buyer count as unrepresented?

No, an existing agreement always eliminates disclosure.

Only if the buyer signs away the existing agreement.

Yes; the rule includes represented people who are not then in their agent’s presence.

Only after the buyer purchases the property.

3 / 50

In a Vermont designated-agency transaction, the principal broker represents one party. What must happen to supervision of the other affiliated agent in that transaction?

The broker must receive both clients’ confidential negotiating limits.

Delegate that supervision to a qualified supervising licensee.

The other agent becomes unsupervised.

An unlicensed photographer must supervise.

4 / 50

A Vermont customer refuses to sign the required consumer disclosure form. What should the licensee do?

Sign the customer’s name without permission.

Note the refusal, sign and date the form, and provide the person a copy.

Destroy the form and treat disclosure as unnecessary.

Force the customer to sign a brokerage contract.

5 / 50

A Vermont designated agent knows the seller’s confidential minimum acceptable price. May the agent casually share it with an affiliated agent who does not represent that seller?

No; protect the confidence unless the affected client authorizes disclosure.

Yes, all office colleagues are automatically entitled to it.

Yes, if the colleague promises a referral.

Yes, once an offer arrives.

6 / 50

A Vermont for-sale sign’s panel is six square feet before adding its frame and rider. Does that automatically meet Rule 4.12(c)?

Yes, frames and riders never count.

Yes, every sign may be 150 square feet.

No; panel, frame and riders count toward the six-square-foot limit.

Yes, size rules apply only to billboards.

7 / 50

For the ordinary first-time Vermont salesperson route, what is the minimum approved prelicense education?

40 hours.

20 hours.

60 hours.

No course if the applicant has bought a home.

8 / 50

A Vermont non-designated agency firm wants to represent both buyer and seller in the same sale with dual-agency consent. Is that allowed?

No; dual or limited agency is prohibited.

Yes, if both parties sign any consent form.

Yes, whenever the parties are relatives.

Yes, if the commission is split equally.

9 / 50

A Vermont salesperson applicant has completed the course and examination. Which professional affiliation is also required?

Membership in a neighborhood association.

Employment by a mortgage lender only.

A buyer’s promise to supervise the applicant.

Association with a brokerage firm and its principal broker.

10 / 50

A Vermont seller’s agent knows a serious defect in the sewage disposal system. What is owed to a prospective buyer?

Silence unless the buyer names the exact defect.

Full and prompt disclosure of the known material fact.

Disclosure only after closing.

A promise that all defects are irrelevant.

11 / 50

A Vermont designated listing agent wants to negotiate personally to buy that same listing. What must the firm do before those negotiations?

Keep the agency unchanged and claim undivided loyalty to both sides.

Merely reduce the commission by one dollar.

Ask an unlicensed assistant to hide the buyer’s identity.

Terminate the seller service agreement, disclose the conflict in writing and give the seller an opportunity for outside representation.

12 / 50

A Vermont licensee advertises a property in which the licensee owns an interest. What must the advertisement disclose?

Nothing about the license if it is a personal property sale.

Only the owner’s preferred closing date.

Only the buyer’s eventual financing choice.

That the owner is a Vermont licensee.

13 / 50

How long must a Vermont firm retain its brokerage-service records at its usual place of business?

At least seven years.

Only until closing.

One year.

Three years.

14 / 50

A Vermont depositor expects the deposit to earn $150 in interest and requests a separate interest-bearing account. What should the firm do?

Keep the interest personally as a service tip.

Place or transfer it to an individual interest-bearing trust account.

Refuse because individual accounts are never allowed.

Spend the deposit on marketing first.

15 / 50

An applicant for an initial Vermont salesperson license is 17. What is the minimum licensing age?

16 years.

19 years.

18 years.

21 years.

16 / 50

Which body enforces Vermont’s real estate licensing standards and regulates licensees?

Each county’s chamber of commerce.

The Vermont Real Estate Commission.

The applicant’s examination tutor.

The local multiple listing service alone.

17 / 50

Under Vermont’s real estate sign rule, may an agent attach a “sale pending” rider to a for-sale sign?

No; that rider is prohibited.

Yes, if it is smaller than the main panel.

Yes, if the seller requests it.

Yes, provided it remains for only a week.

18 / 50

At first contact, a Vermont prospect expresses interest in buying a home. What confidentiality disclosure must the licensee give?

Promise confidentiality automatically from the first handshake.

Wait until the deed is recorded.

Explain orally or in writing that confidentiality does not exist until there is a signed brokerage service agreement.

Explain that only cash buyers receive confidentiality.

19 / 50

A Vermont deposit is not reasonably expected to earn more than $100 interest. Which account does Rule 4.7(c) require?

The salesperson’s retirement account.

An unrecorded office cash box.

The broker’s operating account.

The firm’s pooled trust account.

20 / 50

A Vermont designated agent needs confidential guidance from a supervising licensee who does not represent the other party. What is permitted?

Publish the client’s finances in the office newsletter.

Tell every competing buyer the information.

Share information reasonably necessary for proper guidance, with the supervisor protecting it from further disclosure.

No supervisor may ever receive any confidential information.

21 / 50

A Vermont brokerage opens a branch office. Which arrangement complies with Rule 4.1?

Use an unrelated name and no broker.

Treat every salesperson’s license as a branch registration.

Open without registration until the first closing.

22 / 50

A Vermont seller service agreement renews automatically for another year unless the owner objects. Is that clause permitted?

Yes, because one year is a common term.

Yes, if the broker alone initials it.

No; automatic extension or renewal is prohibited.

Yes, for every residential listing.

23 / 50

A Vermont licensee offers to act as a neutral transaction broker without fiduciary agency duties. Is this an authorized representation model under the Commission rules?

Yes, if it is called facilitation instead.

Yes, whenever the parties waive all duties orally.

Yes, only on cash purchases.

No; the rules prohibit that nonagency representation model.

24 / 50

A Vermont licensee changes the principal business location. How soon must the licensee notify OPR in writing?

Only at the next two-year renewal.

Within 180 days.

No notice is needed if clients know.

Within 30 days.

25 / 50

A Vermont seller refuses to allow disclosure after the agent explains that a material fact must be disclosed. What must the agent do about the agency relationship?

Continue marketing while concealing the fact.

Let the seller erase the legal duty.

Wait for a commission before deciding.

Withdraw from it.

26 / 50

At a Vermont open house, when does the rule allow the host to use the poster exception instead of individually providing the disclosure form?

When a replica of the form is conspicuously displayed and copies are available on request.

Whenever the property is vacant.

Whenever the host hides the form at another office.

Only when all visitors are cash buyers.

27 / 50

What is the maximum term from its effective date for a Vermont seller or buyer service agreement under Rule 4.8(b)?

Five years with no expiration date.

Until the client dies.

Indefinitely unless the broker chooses to cancel.

One year, with a specific expiration date.

28 / 50

A Vermont brokerage agreement has ended. Unless otherwise agreed, what happens to the duty to protect the former client’s confidences?

It ends immediately in every case.

It continues.

It lasts only until the agent receives a referral fee.

The information must be published online.

29 / 50

Buyer and seller dispute who should receive a Vermont deposit held in trust. What should the broker do?

Pay whoever called the office first.

Keep the deposit as a commission without authority.

Notify them in writing that it will remain in trust until written authority from the parties or a court determination.

Divide it unilaterally to end the disagreement.

30 / 50

A Vermont firm practices non-designated agency. Who represents its clients under the firm’s written agreements?

Only whichever licensee first answers the phone.

Only the listing photographer.

The firm and all its affiliated licensees.

No one owes fiduciary duties.

31 / 50

Before a Vermont firm provides brokerage services, which written agreement must support the work?

Only a verbal promise of payment.

A seller service, buyer service or interfirm cooperation agreement.

Only a social-media follow request.

No agreement if the broker expects a commission.

32 / 50

How many affiliated licensees must a Vermont firm have before it may elect designated agency under Rule 4.4?

Exactly one.

Exactly two.

At least twenty.

More than two.

33 / 50

A Vermont designated-agency firm appoints a new agent for an existing client. What is required?

Only an internal office memo.

The client’s written consent when the agreement is amended.

Consent only from the opposing buyer.

No consent because all agents automatically represent everyone.

34 / 50

Under Vermont’s trust-account rules, where should a firm keep others’ funds held in its real estate business?

In the required trust account, separate from the firm’s operating funds.

In the salesperson’s personal checking account.

In the firm’s general payroll account.

As cash in an advertising envelope.

35 / 50

The Vermont Commission’s agent arrives to inspect brokerage records during business hours, but the principal broker is absent. May access be refused solely for that reason?

Yes, for as many months as the broker is away.

Yes, unless every client attends.

No; the broker’s absence does not justify denying access.

Yes, unless a competitor also attends.

36 / 50

A Vermont seller wants to retain the right to sell personally without a commission while giving only one brokerage the listing. Which defined agreement fits?

An exclusive right to market agreement.

An open listing with every brokerage.

A net listing.

An exclusive agency marketing agreement.

37 / 50

A Vermont designated agent receives an oral offer below asking price with no deposit. What is the agent’s duty before closing?

Discard it because it is oral.

Submit it to the client.

Submit only offers at or above asking price.

Wait until a deposit accompanies it.

38 / 50

Who retains responsibility for a Vermont brokerage trust account and its transactions?

Only the bank teller.

Only the buyer’s inspector.

No one once bookkeeping is outsourced.

The principal broker or broker in charge.

39 / 50

A Vermont broker proposes a listing where the owner receives a fixed amount and the broker keeps all proceeds above it. What is the problem?

It is a prohibited net listing.

It is required for all Vermont listings.

It is valid whenever the broker anticipates a profit.

It is only an appraisal contract.

40 / 50

A Vermont broker wants to pay an unlicensed neighbor for negotiating a buyer’s purchase terms. Is that permitted?

No; an unlicensed person may not be compensated for brokerage services.

Yes, if the payment is labeled a gift.

Yes, if the neighbor negotiates only the price.

Yes, if payment occurs after closing.

41 / 50

A Vermont firm holds an earnest-money deposit when both parties execute the purchase agreement. Under Rule 4.7(b), what is the deposit deadline?

Five calendar months after closing.

Only when the seller personally requests it.

No later than five banking days after both parties execute the agreement.

At the next license renewal.

42 / 50

A Vermont licensee has substantial contact with an unrepresented buyer. By when must the current written consumer disclosure form be provided?

At the first reasonable opportunity, before a service agreement or property showing.

Only after an offer is accepted.

Only when the buyer demands it.

At closing with the final settlement statement.

43 / 50

A Vermont listing is subject to a known right of first refusal that significantly limits the seller’s ability to convey fee simple title. When must the licensee disclose it?

Only after the buyer pays for inspections.

Only at deed delivery.

Before showing the property.

Never, because it is in a legal document.

44 / 50

In a Vermont real estate advertisement, which identifier must be largest and most prominent?

The salesperson’s nickname.

The brokerage firm’s registered name.

The team name alone.

The photographer’s watermark.

45 / 50

Under Vermont’s defined exclusive right to market agreement, does an owner’s personal sale necessarily eliminate the agreed brokerage fee?

Yes, personal sales always eliminate the fee.

No; that agreement recognizes fee liability even if the owner sells.

Yes, unless the buyer uses a mortgage.

Yes, because all exclusive listings are prohibited.

46 / 50

A Vermont customer last received the consumer disclosure form 14 months ago. What should the licensee do when the disclosure requirement applies again?

Rely on the old form indefinitely.

Wait until ten years have passed.

Replace the form with a business card.

Give a new form.

47 / 50

May a Vermont firm place its own limited funds in trust to cover bank service charges or a minimum balance that avoids those charges?

No, even the expressly allowed bank-charge funds are prohibited.

Yes, for those specified purposes.

Yes, and it may mix all payroll funds there.

Yes, but it may then spend client principal on wire charges.

48 / 50

A buyer increases a deposit already held by a Vermont firm. When must the additional money be deposited?

Within five banking days after receipt.

Only at closing.

Within one year.

Only if the amount exceeds the commission.

49 / 50

Two licensed brokerage firms arrange a fee for referring a prospect. Under Vermont Rule 4.13(b), what form must the referral-fee agreement take?

Only a handshake is allowed.

No record is permitted.

It must be in writing.

Only a deed recorded against the prospect’s home.

50 / 50

A Vermont licensee contacts an owner to buy the property for the licensee’s own use. When must the licensee disclose the license and personal purchase?

On initial contact with the owner or the owner’s representative.

Only after the purchase contract is signed.

Only if the owner asks about employment.

After reselling the property.

Your score is

What does this Vermont practice exam cover?

These questions put Vermont rules into everyday situations: explaining agency to a buyer, advertising a listing, signing an agreement, handling earnest money and disclosing a personal interest. Each explanation identifies the correct answer and explains why the other choices do not fit.

Practice topic	Questions
Licensing and supervision	8
Agency and consumer disclosure	14
Property disclosures and conflicts	6
Trust accounts and records	10
Agreements and compensation	8
Advertising and signs	4

Study the Commission statutes, administrative rules and Vermont sign law alongside these questions. The state-law references cover licensing, brokerage duties, agency, consumer disclosures, trust accounts and advertising. See the Vermont application and examination instructions for the licensing process and required documents.

How do I take the Vermont real estate licensing exams?

Vermont’s state examination is provided through the online license application. Complete the state exam and upload its answer sheet as directed by the Office of Professional Regulation. PSI administers the national examination. The Commission’s forms and instructions page links to current application requirements and national exam scheduling.

How to study for the Vermont real estate exam

Take the practice test without looking up answers. Review missed topics using the linked statute or rule, then explain the requirement in your own words.
Learn how designated and non-designated agency differ. Focus on who represents a client, written appointment consent, supervision and protection of confidential information.
Separate the first-contact confidentiality warning from the written consumer disclosure form. Review timing, refusal to sign, the open-house exception and when a new form is needed.
Trace earnest money from receipt through deposit, a possible dispute and final disbursement. Remember the conditions for individual interest-bearing accounts and limits on using firm funds.
Compare open, exclusive-agency and exclusive-right agreements. Review expiration dates, automatic renewal, net listings and written compensation arrangements.
Check the advertising details: the registered firm name, licensed-owner disclosure, sign size and prohibited sign riders. Retake the same question bank after reviewing mistakes.

Practice calculations with our real estate math guide and review vocabulary with our real estate terms and flashcards.

Vermont sample questions and explanations

Sample 1

A Vermont customer refuses to sign the required consumer disclosure form. What should the licensee do?

A. Sign the customer’s name without permission.
B. Note the refusal, sign and date the form, and provide the person a copy.
C. Destroy the form and treat disclosure as unnecessary.
D. Force the customer to sign a brokerage contract.

Answer: B. Note the refusal, sign and date the form, and provide the person a copy. Rule 4.6(f) directs the licensee to note that the person did not sign, sign and date the form, and give a copy to the person. Source: Vermont Real Estate Commission Rule 4.6(f).

Sample 2

Buyer and seller dispute who should receive a Vermont deposit held in trust. What should the broker do?

A. Pay whoever called the office first.
B. Keep the deposit as a commission without authority.
C. Notify them in writing that it will remain in trust until written authority from the parties or a court determination.
D. Divide it unilaterally to end the disagreement.

Answer: C. Notify them in writing that it will remain in trust until written authority from the parties or a court determination. Rule 4.7(d) requires written notice and retention in trust until the disputing parties authorize disbursement in writing or a court determines entitlement. Source: Vermont Real Estate Commission Rule 4.7(d).

Sample 3

What is the maximum term from its effective date for a Vermont seller or buyer service agreement under Rule 4.8(b)?

A. Five years with no expiration date.
B. Until the client dies.
C. Indefinitely unless the broker chooses to cancel.
D. One year, with a specific expiration date.

Answer: D. One year, with a specific expiration date. Rule 4.8(b) requires a specific expiration date no more than one year from the effective date for the service agreement. Source: Vermont Real Estate Commission Rule 4.8(b).

Vermont real estate exam FAQs

Is this Vermont practice test free?

Yes. All 50 questions, explanations, source links and the final answer review are free, without registration.

Can I retake the practice exam?

Yes. Use the restart control on the results screen to practice the same question bank again.

How much prelicense education does Vermont require?

The ordinary first-time salesperson route requires at least 40 hours of approved instruction. Applicants must also meet the age, examination and brokerage-affiliation requirements. The Commission’s current application instructions explain the steps.

Do I need a broker to receive a Vermont salesperson license?

Yes. A salesperson must be employed by or associated with a brokerage firm and its principal broker. The application calls for verification of employment or supervision. See 26 V.S.A. § 2292 and the current application instructions.

Does this test include explanations?

Yes. After each answer you can read the correct answer, the applicable rule and why the other choices do not fit. The results screen lets you review the complete exam.

Official Vermont study resources

The questions and explanations were checked against these official sources on September 21, 2026. Each quiz explanation also links to the section supporting the answer.

Looking for another state? Visit the state practice exam directory.