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Vermont OPR Exam Prep

Vermont Real Estate Exam Prep — Act 250, Attorney Closings, and the PSI Test

136 PSI questions (100 national + 36 Vermont-specific), scored independently with a scaled score of 75 to pass each portion. Built around Act 250 land use, attorney closings, and Vermont’s tiered transfer tax. AI Tutor and money-back Pass Guarantee. $59 flat.

136
Total Questions
Scaled 75
Passing Score
40
Pre-License Hours
PSI
Exam Provider
Start Vermont Exam Prep — $59

Why the Vermont Exam Rewards Local Knowledge

Vermont does several things its own way, and the salesperson exam leans into them. It is one of the few states where a licensed attorney conducts the closing — examining title, disbursing funds, and recording the deed — instead of an escrow or title company running the table. It enforces Act 250, a statewide land-use permit program for larger developments and subdivisions. And it collects a tiered property transfer tax that charges a reduced rate on the first portion of a principal residence. Candidates who only studied a generic national course walk in unprepared for all three.

The exam is delivered by PSI on behalf of the Vermont Office of Professional Regulation (OPR) Real Estate Commission. You take it after completing 40 hours of OPR-approved pre-license education and before a Vermont broker can sponsor you.

It is 136 questions across two independently scored portions: 100 national and 36 Vermont-specific. You need a scaled score of 75 on each. Miss the threshold on either side and you fail the whole exam — but on a retake you usually repeat only the portion you missed, so it pays to know where you are weakest before test day.

Inside the Vermont State Portion (36 Questions)

The 36-question Vermont portion is where the exam is won or lost. It covers OPR rules and the distinctly Vermont practices that no national bank teaches. Build your plan around these areas:

  • Act 250 land use — when a development or subdivision triggers a state permit, and how it affects timelines and disclosures
  • Attorney closings — the attorney’s role in title examination, disbursement, and recording the deed
  • Vermont property transfer tax — the tiered rate and the reduced rate on the first slice of a primary residence
  • Title-theory mortgages — the lender holds legal title until payoff; judicial and strict foreclosure
  • Agency and the Mandatory Consumer Disclosure — presented at the first reasonable opportunity, before confidential information is shared; dual agency needs written consent
  • Vermont Fair Housing and Public Accommodations Act — adds age, marital status, sexual orientation, gender identity, and receipt of public assistance beyond the federal classes
  • Seller property disclosure — known material defects, including water and well issues common in rural Vermont
  • Trust-account handling — client funds held separate from broker operating funds and deposited promptly
  • OPR Real Estate Commission — licensing, renewal, disciplinary procedure, and continuing education

Click2CE’s Vermont bank is rebuilt around these topics rather than retrofitted from a national set, and the AI Tutor cites the relevant Vermont statute or OPR rule when it explains an answer.

The National Portion (100 Questions)

The 100-question national portion follows the standard PSI content outline and tests principles that apply in any state. The weighted topic areas are:

  • Property ownership — estates, freehold and leasehold interests, encumbrances, easements
  • Land-use controls — zoning, subdivision, deed restrictions, environmental issues
  • Valuation and market analysis — sales comparison, cost, and income approaches
  • Financing — mortgages, FHA, VA, conventional loans, RESPA, and TILA
  • Agency — fiduciary duties, relationships, and required disclosures
  • Property disclosures — material defects, lead-based paint, environmental hazards
  • Contracts — listings, purchase-and-sale agreements, options, statute of frauds
  • Calculations — commissions, prorations, area, and return on investment
  • Practice of real estate — trust accounts, advertising, fair-housing-compliant marketing

Most candidates clear the national side comfortably after a few hundred practice questions. The Click2CE national bank is keyed to the PSI outline and explains every rationale in plain English.

From Pre-License to Active Vermont License

  1. 1
    Finish 40 hours of OPR-approved pre-license education. Choose a Vermont school approved by the Office of Professional Regulation. Self-paced online options are widely available.
  2. 2
    Apply through OPR. Complete the application and the required background-check steps so the Real Estate Commission can clear you to test.
  3. 3
    Receive your PSI eligibility. Once OPR approves you, PSI issues the eligibility that lets you schedule the exam.
  4. 4
    Book and pay for the PSI appointment. Schedule online at psiexams.com; most Vermont and nearby centers have openings within a week or two. Confirm the current PSI fee when you register.
  5. 5
    Pass both portions (scaled score of 75 each). Bring two forms of ID, one a government-issued photo ID. PSI prints your result before you leave.
  6. 6
    Affiliate with a sponsoring Vermont broker. You cannot activate a salesperson license without an active Vermont broker supervising your work.
  7. 7
    Pay the OPR license fee and activate. Once your broker submits the affiliation and your fees are paid, OPR issues your active Vermont salesperson license.

How to Study for Vermont’s Quirks

Front-load the four Vermont signatures

Act 250, attorney closings, the tiered transfer tax, and title-theory foreclosure account for a disproportionate share of the missed state questions. Spend your first study sessions there so the rest of the Vermont portion feels routine.

Practice the transfer-tax math in tiers

Do not compute Vermont transfer tax as a flat percentage. Drill problems that apply the reduced rate to the first portion of a principal residence and the standard rate above it until the two-step calculation is automatic.

Treat the two portions as separate exams

Because PSI scores the national and Vermont portions independently, take two-section timed mocks that flag the scaled-75 line for each side. Click2CE’s mocks replicate the 100 + 36 split so you know which portion needs more reps.

Ask the AI Tutor about disclosure timing

Vermont’s Mandatory Consumer Disclosure and dual-agency consent rules are commonly missed. The Click2CE AI Tutor (powered by Claude) will walk a representation scenario step by step and point to when the disclosure must be delivered.

Vermont exam — the facts that matter

Regulator: Vermont OPR Real Estate Commission
Pre-license: 40 hours, OPR-approved
Test provider: PSI
Exam: 136 questions (100 + 36), 240 minutes (4 hrs)
Passing: scaled score of 75 on each portion
Fees: PSI exam fee plus OPR application and license fees — confirm current amounts

Vermont real estate exam — your questions answered

What makes the Vermont real estate exam different from other states?

Three things set Vermont apart and show up on the state portion: Vermont is an attorney-closing state, it runs the Act 250 land-use permitting program for larger developments, and it charges a tiered property transfer tax that gives a reduced rate to the first slice of a primary residence. Vermont is also a title-theory state for mortgages. Master those four ideas and you have cleared the hurdles that trip up most candidates.

How many questions are on the Vermont real estate exam?

The Vermont salesperson exam is 136 multiple-choice questions delivered by PSI — 100 national questions on general real estate principles and 36 Vermont-specific questions on state license law, Office of Professional Regulation (OPR) rules, and Vermont practice. The two portions are scored separately.

What score do I need to pass the Vermont exam?

You need a scaled score of 75 on the national portion and a scaled score of 75 on the Vermont portion, scored independently. Passing one portion but not the other means you fail the exam, though on a retake you generally repeat only the portion you missed.

Who administers the Vermont exam and how do I schedule it?

PSI delivers the Vermont salesperson exam. After you finish your 40 hours of pre-license education and OPR processes your application, you book a timed PSI appointment online at psiexams.com or by phone. Centers serve the Burlington, Montpelier, and Rutland areas, and some Vermont candidates test at nearby PSI sites across the New Hampshire border.

How many pre-license hours does Vermont require?

Vermont requires 40 hours of pre-license education from a school approved by the Vermont Office of Professional Regulation (OPR) Real Estate Commission before you can sit for the salesperson exam. It is one of the leaner pre-license requirements in the country.

What is Act 250 and why is it on the exam?

Act 250 is Vermont's signature land-use law. Larger developments and subdivisions need a state permit that weighs impacts on the environment, infrastructure, and the surrounding community. Agents must recognize when a project triggers Act 250 review because it changes timelines and disclosures — for example, a multi-lot subdivision can require a permit before sales close. Expect at least one or two questions on the concept.

Does an attorney handle closing in Vermont?

Yes. Vermont is an attorney-closing state. A licensed attorney typically examines title, prepares the closing documents, disburses funds, and records the deed, rather than a title or escrow company running the table. Buyers also commonly purchase an owner's title insurance policy. The exam tests this attorney-driven workflow, so do not assume the escrow-company model used in many other states.

How does the Vermont property transfer tax get tested?

Vermont charges a property transfer tax with tiered rates — a reduced rate applies to the first portion of the value of a principal residence, and the standard rate applies above that. Math items may ask you to compute the tax on a primary-residence purchase using both tiers, and the common trap is forgetting which slice of the price gets the lower rate. Click2CE's math drills walk the tiered calculation step by step.

Is Vermont a title-theory or lien-theory state, and how does foreclosure work?

Vermont is a title-theory state: the lender holds legal title through the mortgage until the loan is paid off. Foreclosure is generally handled through the courts, including a strict-foreclosure or judicial-sale process, so it is slower than the trustee sales used in deed-of-trust states. The exam likes to contrast these approaches.

What does Vermont exam prep cost, and how does the Pass Guarantee work?

Click2CE Vermont exam prep is $59 flat for 12 months — AI Tutor, the full Vermont question bank, two-section timed mock exams that mirror PSI, and Drive Mode audio practice. The PSI exam fee and OPR application and license fees are separate; confirm the current amounts with PSI and OPR when you register. Complete the study plan, sit for the exam, and if you do not pass, send us your score report for a full refund — backed by our published 92% student-reported first-attempt pass rate*.

The Vermont Real Estate Market

Vermont’s real estate market is led by the Burlington area on Lake Champlain — the state’s economic and population center — along with Rutland, Montpelier, and a substantial ski and second-home market around resorts like Stowe and Killington. Out-of-state buyers seeking rural and recreational properties play an outsized role.

Who Regulates Real Estate in Vermont

Your Vermont license is issued and regulated by the Vermont Office of Professional Regulation — Real Estate Commission (OPR). Knowing how to reach the OPR — and its rules on retakes and license types — keeps your path to licensure on track.

Regulator: Vermont Office of Professional Regulation — Real Estate Commission (OPR)
Address: 89 Main Street, 3rd Floor, Montpelier, VT 05620
Phone: (802) 828-1505
Retake policy: You may retake the exam after a waiting period.
License types: Salesperson, Broker

Licensed Near Vermont? Explore Neighboring States

Real estate licenses are state-specific, so each neighboring state runs its own exam and rules. If you practice across state lines or are comparing markets, check the requirements for the states bordering Vermont. Always confirm current reciprocity and license- recognition agreements directly with the OPR.

How important is the second-home market in Vermont?

Vermont has one of the highest shares of seasonal and second homes in the country, concentrated near ski resorts and lakes. Many Vermont agents specialize in vacation and recreational property for out-of-state buyers, which involves different financing, use, and disclosure considerations than primary-residence sales.

Read next on the Click2CE blog

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