Stand Alone Classroom Version
This course includes a compete study of the Vermont license law, Administrative rules, and miscellaneous statutes identified for study by the Vermont Real Estate Commission .
This course is available for BOTH prelicense students AND for continuing education students.
This course is approved by the Education Subcommittee of the VREC to satisfy 8 hours of prelicense education in connection with an approved prelicense education course offered by ANY provider for either brokers OR salespersons. Currently this course will be used in connection with approved prelicense courses sponsored by Randy Mayhew School of Real Estate, Workshops for Modern Real Estate, and Vermont Association of REALTORS(TM). If used to satisfy prelicense requirements, it cannot also be used to satisfy continuing education requirements in the same renewal cycle.
This course is also approved by the Vermont Real Estate Commission for EIGHT (8) clock hours toward satisfying the requirements for renewal or reactivation of a VT real estate broker or salesperson license. This course is ideal for TRAINING of newer agents and for BRUSHING UP on the requirements and issues relating to VT practice for more experienced agents.
METHODS OF INSTRUCTION
Study will be completed in a classroom setting through completion of RMSOR’s course entitled “Vermont Law Study” which involves a total of eight (8) hours of lecture and discussion. A slide presentation is used to supplement the outline with details and examples. When time allows, this course may include up to one hour of classroom coached study to reinforce information. This is an alternative instruction method involving
various types of short answer, multiple choice, check box, and fill-in-the-blanks questions designed to reinforce details of the laws as well as proper application of the laws. The questions are projected on a screen and discussed in class.
Part 1: Vermont Real Estate License Law & Rules – 4 hours, 30 minutes (Prohibitions, Requirement of a License, The Vermont Real Estate Commission, Unprofessional Conduct, Registrations and Licenses, Other Issues Regarding Licenses, Business Models in Vermont, Required Conduct of Licensee, Service Agreements, Other Rules of Conduct, Material Facts Disclosure); Part 2: Summary of Vermont Laws Relating to Real Estate Transactions – 3 hours, 30 minutes (Act 250 – State Land Use Control, Environmental Protection Rules – Chapter 1 re Wastewater System and Potable Water Supply, Municipal and Regional Planning and Development – Zoning, On-Premise Signs, Discrimination and Fair Housing, Residential Rental Agreement Law, Vermont Property Transfer Tax, Vermont Land Gains Tax, Vermont Real Estate Withholding Tax, Conveyance of Real Estate)
The following materials prepared by Randy Mayhew School of Real Estate are included with the course.
Vermont Statutes Relating to Real Estate Agents (with annotations and an 11 page index) · Vermont Administrative Rules Relating to Real Estate Agents (from VREC website, with seven page index added) · Study Guide – Miscellaneous Vermont Laws, 2012 (includes 36 pages summarizing laws)
Cost of course: $160.00
There is no cost if you are an existing prelicense student with Randy Mayhew School of Real Estate or with Workshops for Modern Real Estate, in which case the course is included in the 40 hours prelicense course. Other providers may negotiate to include this course with their own 40 hour prelicense course (for this benefit you must inquire of your course provider).