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Questions by Category

Vt-Re-Licensing60 questions
Vt-Re-Agency-Disclosures58 questions
Vt-Re-Land-Use-Taxes48 questions
Vt-Re-Contracts-Practice34 questions
2026 Statistics

Key Facts: VT Real Estate Exam

100 Q

National Exam (PSI)

PSI VT candidate bulletin

70%

National Passing Score

VREC/PSI

50 Q

State Jurisprudence Exam

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 pre-license education. The national PSI exam has 100 questions (70% to pass, 150 min, $110 fee). The Vermont state jurisprudence exam (50 questions, 75/100 to pass) is taken ONLINE through VT OPR as part of the license application. Key VT topics: (1) VREC under OPR — statutes at Office of Professional Regulation; (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; (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 accounts within 2 BANKING DAYS; listings stay with original firm.

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 2-banking-day deposit rule, and Vermont Fair Housing expansions.

Questions

150 scored questions

Time Limit

2.5 hours (national) + state exam online

Passing Score

70% on national exam (70/100); 75% on state jurisprudence exam

Exam Fee

$110 (Vermont Real Estate Commission (VREC) / Office of Professional Regulation (OPR) / PSI)

VT Real Estate Exam Content Outline

35%

VT License Law & VREC/OPR

VREC under OPR (26 V.S.A. Chapter 41), 40-hour pre-license, salesperson vs broker, age 18+, $110 PSI exam fee, national exam (100 Q, 70%, 150 min) + state jurisprudence (50 Q, 75%), 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), exam scores valid 1 year, trust account 2-banking-day deposit, earnest money immediately to principal broker, inactive/lapsed license (5+ years requires additional info), listings stay with original firm, unprofessional conduct, exemptions, advertising rules, sign law

30%

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

20%

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

15%

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: 70% on national exam (70/100); 75% on state jurisprudence exam
  • Exam length: 150 questions
  • Time limit: 2.5 hours (national) + state exam 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

1Know the exam structure: PSI national = 100 Q, 70%, 150 min, $110; State jurisprudence = 50 Q (100 pts), 75 pts to pass, taken ONLINE through VT OPR
2Memorize the renewal date: Vermont salesperson licenses renew every 2 years by MAY 31 of EVEN-NUMBERED YEARS (2026, 2028, etc.)
3Know Act 250: permits required for 10+ acres OR 10+ housing units; Vermont Agency of Natural Resources (NOT OPR, NOT Tax Dept) has primary responsibility
4Master Property Transfer Tax: buyer pays; 0.5% on first $100K + 1.25% above for principal residences; 1.47% flat for non-principal
5Learn the two-stage lead paint process: Part I BEFORE contract execution; Part II at closing — unique to Vermont beyond federal requirements
6Know Vermont agency rules: Consumer Disclosure Form at 'first reasonable opportunity'; seller's agent discloses PRIOR TO SHOWING PROPERTY; buyer's agent confidentiality exception = legal defense only
7Understand Vermont Fair Housing additions: veteran status, receipt of public assistance, marital status are key VT-specific protected classes (employment status is NOT protected)

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 scored questions, requires 70% to pass (70 correct), and allows 150 minutes — the $110 fee covers this. The Vermont state jurisprudence exam has 50 questions (each worth 2 points = 100 points total), requires a passing score of 75, and is taken ONLINE through Vermont OPR as part of your license application. 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 state jurisprudence exam.

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