Terms Used In Vermont Statutes Title 26 Sec. 2294

  • broker: means any person who, for another, for a fee, commission, salary, or other consideration, or with the intention or expectation of receiving or collecting such compensation from another, engages in or offers or attempts to engage in, either directly or indirectly, by a continuing course of conduct, any of the following acts:

  • Commission: means the Vermont Real Estate Commission. See
  • State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See

§ 2294. Change of name or location

(a) Whenever a licensed broker desires to be licensed under a different name, the broker shall pay the fee established under section 2255 of this chapter. Notice of any change in the names and addresses of the licensees shall be given to the Commission within 30 days after the change becomes effective.

(b) Each licensee shall notify the Commission in writing of any change of the licensee’s principal business location, and the Commission shall issue a new license with the new address for the fee established under section 2255 of this chapter.

(c) If a brokerage firm maintains more than one place of business within the State, a branch office registration is required for each branch office so maintained. Branch offices shall use the same registered brokerage firm name as the main office and shall designate a licensed broker in charge for each branch office. (Added 1969, No. 283 (Adj. Sess.), § 14; amended 1985, No. 6, § 1; 2013, No. 138 (Adj. Sess.), § 18.)