VT Real Estate case studies
VT Real Estate · Put your knowledge to work in context.
The Vermont Real Estate Salesperson license is a state credential administered through the Vermont Secretary of State's Office of Professional Regulation (OPR), the agency that oversees professional licensing for the state. It is the entry-level license for people who want to conduct brokerage activity on behalf of Vermont consumers - typically individuals moving into residential sales, buyers' representation, leasing, or commercial brokerage, who work under the supervision of a licensed broker. The VT Real Estate case studies are 5 cases and about 3,646 words.
1Same-Office Listing and a Trustee Who Refuses Dual Agency
You are a salesperson with Maple Ridge Realty in Rutland. In March, buyer Dan Kessler signed an exclusive buyer agency agreement with you and your firm.
731 words, about 4 min2Fourteen Days, a Low Appraisal, and $5,000 in Escrow
Rebecca Chase signs the Vermont Residential Purchase and Sale Agreement to buy a 1900 farmhouse in Middlebury for 385,000. Terms: 5,000 deposit held in the listing broker's escrow account; a 14-day inspection contingency; a 30-day financing contingency; closing 60 days after acceptance.
697 words, about 3 min3Recording First, but Not Home Free: A Quitclaim and a Cousin's Deed
Your buyer, Priya Raman, is under contract on 12 acres in Craftsbury for $240,000. The seller, who is 84, is conveying by quitclaim deed prepared by his nephew.
747 words, about 4 min4Six Lots, a Lake Shore, and a Prior Subdivision
Your client Ted Wheelock owns 30 acres on Lake Elmore in a town that has both zoning and an approved town plan. He wants to subdivide into six building lots, drill one shared well, install a mound septic system on each lot, and replace a 1950s seasonal camp with a year-round house.
744 words, about 4 min5The No-Pets Policy, the Voucher, and the Two-Per-Bedroom Rule
You manage a 24-unit apartment building in Burlington. Every lease contains a no-pets policy, a 500 nonrefundable pet fee, and 50 per month in pet rent.
727 words, about 4 min