VTRES - Vermont Real Estate Salesperson

Question 21: A principal broker asks whether he may appoint one salesperson to represent the buyer and another to represent the seller within his firm, keeping the two sides walled off. Under Vermont's default model, how does such an internal appointment actually operate?

It creates permissible designated agency

It converts both to customers

It does not cure dual agency

It is the required default

Question 22: A licensee in Barre proposes to help a buyer and seller reach a deal while remaining strictly neutral and owing loyalty to neither, calling it efficient service. Under Vermont's rules, may a licensee lawfully serve in that neutral, duty-free capacity?

No, that role is prohibited

Yes, if both parties agree

Yes, it is the default

Yes, for unrepresented parties only

Question 23: A licensee chats casually with a stranger at a Newport open house about the weather and local schools, then the visitor begins discussing making an offer on that home. Under Rule 4-6, which of these marks the substantive contact that triggers disclosure?

The small talk about weather

Discussing an offer on the home

Merely entering the open house

Signing the visitor guest book

Question 24: A study group notes that Vermont recognizes two agency models and wonders whether the bans on dual agency and transaction brokerage might apply to only one of them. Which statement correctly describes how the two prohibitions reach both of the models?

Both apply to both models

Each applies to one model

Neither applies to either model

Both apply to designated agency only

Question 25: A buyer's agent in Essex learns her client intends to hide from the seller a fact she considers material, and the client forbids her from revealing it. She asks whether the client-refusal rule reaches buyer representation too. What must she do?

Continue, since buyers owe no disclosure

Disclose it against the client's wishes

Decline or withdraw from representing him

Ask the seller's agent to disclose

Question 26: Two facts surface during a Brattleboro deal: the kitchen was repainted last spring, and the roof has a concealed active leak. A licensee must decide which is a material fact requiring disclosure. Applying Vermont's definition, which fact qualifies as material?

The recent kitchen repainting

Neither, both are cosmetic

Both equally, regardless of effect

The concealed active roof leak

Question 27: A candidate studying the statutory grounds for unprofessional conduct notes that misrepresentation and failure to disclose both appear among a fixed, enumerated list rather than an open-ended one. How many grounds does 26 V.S.A. section 2296 enumerate for the Commission in total?

Five

Fifteen

Twenty-nine

Nine

Question 28: A Colchester firm represents a buyer client who becomes interested in a village farmhouse the same firm has listed for a seller client. Because both are the firm's clients under the default model, what agency problem does this in-house match create?

Permissible designated agency

Prohibited dual agency

Permissible transaction brokerage

A single-agent appointment

Question 29: A Barre licensee representing the seller discovers a hidden material defect in the foundation. Rule 4-5 directs to whom a known material fact of this kind must be disclosed during the transaction. To which party does that disclosure obligation run?

Only to the licensee's own client

Only to the principal broker

To the parties in the transaction

To the Commission within ten days

Question 30: Before applying the agency rules, a paralegal needs to find the rule that supplies the defined terms the agency provisions depend on, such as material fact and the meaning of a client. Which Commission rule houses those governing definitions for the chapter?

Rule 4-3

Rule 4-4

Rule 4-6

Rule 1-8

Question 31: A licensee knows a disclosure of agency status is required but cannot recall which Commission rule sets the moment it must happen, as distinct from the rule on material facts. Which rule fixes the timing trigger for the agency-status disclosure?

Rule 4-5

Rule 4-3

Rule 4-6

Rule 2-4

Question 32: The phrase describing Vermont's default, in which representation is not assigned to a single named licensee but instead extends to every licensee in the firm at once, has a specific label. Which term correctly names Vermont's default agency model in practice?

Non-designated agency

Designated agency

Transaction brokerage

Single-agent agency

Question 33: A Vermont buyer client confides her top price to her agent, then the deal falls through with that firm. The agent later assists a different client. Which duty continues to protect the first client's confidential price information after the relationship ends?

The duty of obedience

The duty of accounting

No duty survives termination

The duty of confidentiality

Question 34: One of Vermont's two narrow Title 27 seller duties requires giving a notice concerning groundwater materials within a defined number of hours. A seller preparing a transaction asks a licensee how quickly that groundwater-materials notice must be delivered. Within how many hours?

Forty-eight hours

Seventy-two hours

Twenty-four hours

Ninety-six hours

Question 35: A seller in Manchester asks whether Vermont law makes her complete a comprehensive statutory property-condition disclosure form like the ones used in many states. A licensee explains Vermont's approach differs. Which statement best describes a Vermont seller's statutory disclosure obligations?

No general form, but two narrow duties

A comprehensive disclosure form is required

No statutory disclosure duties at all

Only a lead-paint disclosure applies

Question 36: A licensee drafts a listing advertisement for a Brattleboro village farmhouse that exaggerates the lot size and implies features the property lacks. Vermont's advertising rule imposes a baseline standard that this advertisement violates. Which standard does the rule set for advertising?

It must list the sale price

It must name the seller

It must be preapproved

It must not be misleading

Question 37: After closing a lakefront camp sale on Lake Champlain, a principal broker in Colchester wants to know how long the transaction records must be kept before they can be destroyed. Which retention period does the Commission rule require in Vermont?

Three years

Seven years

Eight years

Five years

Question 38: A group of licensees in Essex wants to advertise under a catchy team name while still identifying the brokerage firm that employs them. Under Vermont's advertising rule, what condition governs how that team name may appear relative to the firm name?

The word Team must appear

Certain words are banned

The firm name must be larger

Team names are prohibited entirely

Question 39: A Barre tenant has fallen behind on rent, and the landlord wants to terminate the tenancy for nonpayment. He asks a licensee how many days of written notice Vermont's rental statute requires before terminating a tenancy for nonpayment of rent. How many days?

Thirty days

Fourteen days

Seven days

Sixty days

Question 40: Vermont's rental statute not only requires advance notice before a landlord enters an occupied unit but also confines lawful entry to a defined daytime-to-evening window, absent an emergency. Between which hours does the statute permit a landlord to enter the premises?

Between nine A.M. and nine P.M.

Between eight A.M. and eight P.M.

Between seven A.M. and ten P.M.

Any reasonable hour of day

VTRES Vermont Real Estate Salesperson - Set 1 - Part 2