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Vermont Interstate Real Estate Guide

Out of State Licensee (OSL) Participation in deals:
Physical Location State

Vermont​ Out of State Broker Cooperation

- An out-of-state licensee may receive share commission with Vermont licensee (note that Rule uses the term "referral fee").
- An out-of-state licensee may not perform any brokerage services in Vermont, but may observe brokerage services in Vermont.
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Vermont ​Real Estate License Types
Vermont ​​​Real Estate Exam Providers
Vermont ​Real Estate Waivers
Real Estate Salesperson
​Real Estate Broker
​PSI Exams/AMP
None

Vermont​ Real Estate Reciprocity

Any State
Confirmed on Vermont SOS Office of Professional Regulation - Real Estate Commission:
"To qualify to be licensed, an applicant must be licensed or certified in good standing in another jurisdiction in which the standards and qualifications required for regulation in that jurisdiction are substantially equivalent to Vermont's."

Specific to Vermont​ Real Estate 

- Brokers Must maintain a Trust Account in Vermont
If You Need a Broker, Contact Us

Vermont​ Reverse Reciprocity

​These states specifically mention Vermont in their Reciprocity: 
New Hampshire

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennessee, Washington

Vermont​ Real Estate Links

No Reciprocity Page
​Vermont Real Estate Handbook
​Vermont Real Estate Commission

Vermont​ Real Estate Customs

Attorneys take care of closings.
Conveyance is by warranty or quitclaim deed. Mortgages are the customary security instruments, but large commercial transactions often employ deeds of trust .
Vermont uses ALTA owner’s and lender’s policies and endorsements.
Buyers pay recording fees, title insurance premiums, and transfer taxes.
Property tax payment dates vary across the state.


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​Peter Ciriello is a licensed real estate broker in New York, California and Georgia.
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