2011 Vermont Code
Title 26 Professions and Occupations
Chapter 41 REAL ESTATE BROKERS AND SALESPERSONS
§ 2294 Change of name or location


26 VT Stats § 2294. (2011 through Adj Sess) What's This?

§ 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 title. A license shall not be issued to a broker in a name other than the broker's own, or transferred to a name other than the broker's own, unless he or she has complied with chapter 15 of Title 11 relating to registration of business entities. If a licensee is a partnership, corporation or association, notice of any change in the names and addresses of the partners, officers or associates shall be given to the real estate commission within ten 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. Duplicate licenses may be obtained on payment of the fee established under section 2255.

(c) If a broker maintains more than one place of business within the state, a branch office license shall be issued to that broker for each branch office so maintained. Branch offices shall incorporate the same name as the main office and shall have a licensed broker in charge. (Added 1969, No. 283 (Adj. Sess.), { 14; amended 1985, No. 6, { 1.)

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