§ 2252. Powers and duties
§ 2252. Powers and duties (a) The Commission shall adopt rules in accordance with 3 V.S.A. chapter 25 necessary for the performance of its duties, including: (1) a definition of the activities that may be performed only by a licensee, in accordance with section 2211 of this title; (2) qualifications for obtaining licensure, in accordance […]
§ 2253. Commission procedures
§ 2253. Commission procedures (a) Annually, the Commission shall meet to elect a chair, a vice chair, and a secretary. (b) Meetings may be called by the Chair and shall be called upon the request of any other two members. (c) Meetings shall be warned and conducted in accordance with 1 V.S.A. chapter 5. (d) […]
§ 2213. Penalties
§ 2213. Penalties A person who shall violate any provision of this chapter shall be subject to the penalties provided in 3 V.S.A. § 127. (Amended 1985, No. 6, § 1; 2007, No. 29, § 33; 2019, No. 30, § 16.)
§ 2214. Trust and escrow accounts
§ 2214. Trust and escrow accounts (a) Every real estate broker, within five banking days, shall deposit in a trust or escrow account in a bank or other financial institution licensed to do business in this State all earnest money and contract deposits held by him or her as a real estate broker in which […]
§ 2251. Real Estate Commission
§ 2251. Real Estate Commission (a) A Vermont Real Estate Commission is created, consisting of seven members. One member of the Commission shall be an attorney at law. Two shall be members of the public who have no financial interest in the activities regulated under this chapter, other than as consumers or possible consumers of […]
§ 2211. Definitions
§ 2211. Definitions (a) As used in this chapter, the following definitions shall have the following meanings except where the context clearly indicates that another meaning is intended: (1) “Commission” means the Vermont Real Estate Commission. (2) “Person” means and includes individuals, corporations, partnerships, trusts, associations, cooperatives, or other firms or entities, foreign or domestic. […]
§ 2212. Prohibition
§ 2212. Prohibition Except as may be otherwise provided in this chapter, a person, firm, partnership, association, or corporation shall not engage in the business or act in the capacity of real estate broker or salesperson within this State without first obtaining a license therefor. (Amended 1985, No. 6, § 1.)