300+ Free VT Real Estate Practice Questions
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Key Facts: VT Real Estate Exam
100 Q
National Exam (PSI)
PSI VT candidate bulletin
~75%
National Passing Score (scaled)
PSI VT candidate handbook
50 Q
State Exam (untimed, open-book)
VT OPR
40 hrs
Pre-License Education
VREC
$110
National Exam Fee (PSI)
PSI VT fee schedule
16 hrs/2yr
CE Requirement (Salesperson)
VREC (biennial renewal)
Vermont requires 40 hours of OPR-approved pre-license education. The national PSI exam has 100 questions (about 75% scaled to pass, 2.5 hrs, $110 fee). The Vermont state exam (50 questions, untimed, OPEN-BOOK) is taken through a link inside the VT OPR online application — there is no separate state exam fee. Key VT topics: (1) VREC (7 members) under OPR; (2) License renewal every 2 years by May 31 of EVEN-NUMBERED YEARS; (3) CE = 16 hrs for salespersons (includes 4-hr mandatory VT course), 24 hrs brokers; (4) Post-license = 8 hrs within 90 days; (5) Broker requirements = 2 years + 8 closed unrelated transactions + 40-hr broker course + national exam + state exam; (6) Act 250: permits for 10+ acres OR 10+ housing units, 10 criteria, VT Agency of Natural Resources has primary responsibility; (7) Property Transfer Tax: buyer pays, 0.5% on first $100K + 1.25% above for principal residences, 1.47% flat for non-principal; (8) Current Use: forest/ag land at use value, 25+ acres for forest, Land Use Change Tax on conversion; (9) Lead paint Vermont TWO-STAGE: Part I before contract, Part II at closing; (10) Designated Agency requires written consent; trust deposits within 5 BANKING DAYS (26 V.S.A. Sec. 2214); listings stay with original firm.
Sample VT Real Estate Practice Questions
Try these sample questions to test your VT Real Estate exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 300+ question experience with AI tutoring.
1Which Vermont state agency administers real estate licensing in Vermont?
2What is the minimum age requirement for an applicant seeking a Vermont real estate salesperson license?
3How many hours of pre-license education must a Vermont real estate salesperson applicant complete before sitting for the licensing exam?
4Which testing vendor administers the national portion of the Vermont real estate salesperson licensing exam?
5How many questions are on the national portion of the Vermont real estate salesperson exam, and what is the time limit?
6What is the fee for the national portion of the Vermont real estate licensing exam?
7How many questions are on the Vermont state portion of the real estate salesperson exam?
8How long are Vermont real estate exam scores valid once a candidate passes?
9When does a Vermont real estate salesperson license expire?
10How many total continuing education hours must a Vermont salesperson complete each 2-year renewal period?
About the VT Real Estate Exam
The Vermont real estate salesperson exam covers national real estate fundamentals plus Vermont-specific topics including VREC/OPR licensing requirements (26 V.S.A. Chapter 41), 40-hour pre-license education, license renewal every 2 years by May 31 of even-numbered years, CE (16 hrs salespersons), post-license (8 hrs within 90 days), broker requirements (2 years + 8 closed transactions + 40-hr broker course), Act 250 environmental review permits, Vermont Property Transfer Tax, Current Use Program, Vermont two-stage lead paint disclosure (Part I before contract, Part II at closing), Designated Agency rules, mandatory Consumer Disclosure Form, trust account 5-banking-day deposit rule (26 V.S.A. Sec. 2214), and Vermont Fair Housing expansions.
Questions
150 scored questions
Time Limit
2.5 hours (150 min) national PSI exam; Vermont state exam is untimed/open-book online
Passing Score
About 75% (scaled) on the PSI national exam; the 50-question Vermont state exam must also be passed
Exam Fee
$110 (Vermont Real Estate Commission (VREC) under the Office of Professional Regulation (OPR); national exam delivered by PSI)
VT Real Estate Exam Content Outline
VT License Law & VREC/OPR
VREC (7 members) under OPR (26 V.S.A. Chapter 41), 40-hour pre-license, salesperson vs broker, age 18+, $110 PSI exam fee, national PSI exam (100 Q, ~75% scaled, 2.5 hrs) + Vermont state exam (50 Q, untimed, open-book, in OPR online application), renewal every 2 years by May 31 of even years, CE (16 hrs salesperson, 24 hrs broker), post-license (8 hrs within 90 days), broker requirements (2 years + 8 closed transactions + 40-hr course + national exam + state exam), trust account 5-banking-day deposit (26 V.S.A. Sec. 2214), earnest money promptly to principal broker, inactive/lapsed license, listings stay with original firm, unprofessional conduct, exemptions, advertising rules, sign law
VT Agency Law & Disclosures
Consumer Mandatory Disclosure Form (first reasonable opportunity, no signature required), seller's agent disclosure PRIOR TO SHOWING PROPERTY for 1-4 family dwellings, buyer's agent confidentiality (exception = legal defense), Designated Agency (written consent, confidences protected within firm), Non-Designated Agency Firm (all agents owe duties, submit all offers, disclose if firm represents both parties), exclusive right to market (strongest VT listing), brokerage service agreements (describe limitations, actual signature of at least one owner), 3-year retention of agency disclosure form, right of first refusal disclosure before showing, licensee personal purchase interest disclosed before submitting offer, fiduciary duties
VT Act 250, Transfer Tax & Environmental
Act 250 (10 V.S.A. Ch. 151, 1970): permits for 10+ acre developments OR 10+ housing units, 10 criteria, VT Agency of Natural Resources primary responsibility, District Environmental Commissions issue permits, 30-day permit cure period; Property Transfer Tax: buyer pays, 0.5% on first $100K + 1.25% above for principal residences, 1.47% flat for non-principal; Current Use Program (32 V.S.A. Ch. 124): forest/ag land at use value, 25+ acres for forest, September 1 application deadline, Land Use Change Tax on conversion; lead paint two-stage VT process (Part I before contract, Part II at closing), EMP requirements for pre-1978 rentals
VT Fair Housing, Sign Law & Landlord-Tenant
Vermont Fair Housing additional classes beyond federal 7: sexual orientation, gender identity, age, marital status, veteran status, receipt of public assistance, creed; employment status NOT protected; sign law: within 1,500 ft of main entrance, ≤6 sq ft permitted, 'sale under contract' prohibited, 'sale pending' add-on signs prohibited, no signs on trees or in highway right-of-way, one sign per property; landlord-tenant: leases survive sale, seller transfers deposits at closing, PURCHASER (not seller) gives tenants written notice
How to Pass the VT Real Estate Exam
What You Need to Know
- Passing score: About 75% (scaled) on the PSI national exam; the 50-question Vermont state exam must also be passed
- Exam length: 150 questions
- Time limit: 2.5 hours (150 min) national PSI exam; Vermont state exam is untimed/open-book online
- Exam fee: $110
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
VT Real Estate Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the Vermont real estate salesperson exam?
Vermont's real estate licensing requires TWO separate exams. The national exam (PSI) has 100 multiple-choice questions, allows 2.5 hours, and is scored on a scaled model with a passing standard of about 75% — the $110 fee covers this. The Vermont state exam has 50 questions, is untimed and open-book, and is taken ONLINE through a link inside the Vermont OPR license application (no separate fee). Both exams must be passed to obtain your Vermont real estate license.
What is Vermont's Act 250 and why does it matter for real estate?
Act 250 (10 V.S.A. Chapter 151, enacted 1970) requires permits for ANY development of 10 or more acres, OR involving 10 or more housing units. Projects are evaluated against 10 environmental and planning criteria (water quality, air quality, soil erosion, wildlife, scenic beauty, educational capacity, etc.). The Vermont Agency of Natural Resources has primary responsibility; District Environmental Commissions issue permits. Properties subject to Act 250 have significant development limitations that real estate professionals must disclose to buyers. If a property lacks required permits, the seller typically has 30 days to obtain them.
How does Vermont's Property Transfer Tax work?
Vermont's Property Transfer Tax is paid by the BUYER at closing. The rate is tiered for principal residences: 0.5% on the first $100,000 of purchase price, plus 1.25% on any amount above $100,000. For non-principal residences (vacation homes, investment properties, land, commercial), the rate is 1.47% flat on the full purchase price. Example: a $300,000 principal residence = (0.5% × $100,000) + (1.25% × $200,000) = $500 + $2,500 = $3,000 transfer tax paid by buyer.
What are Vermont's unique lead paint requirements?
Vermont has a TWO-STAGE lead paint disclosure process more stringent than federal law. Part I must be provided PRIOR TO execution of any contract for purchase — buyers receive information about lead paint hazards before signing. Part II is provided at closing. For pre-1978 rental properties, landlords must comply with Essential Maintenance Practices (EMPs). Licensees listing pre-1978 rental properties must provide buyers with information explaining EMP requirements. This two-stage process is unique to Vermont and is heavily tested on the Vermont state exam.