SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MAY 26, 1998

                         RESORTQUEST INTERNATIONAL, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

         DELAWARE                      01-14115                   52-2055247
(STATE OR OTHER JURISDICTION         (COMMISSION                (IRS EMPLOYER
     OF INCORPORATION)               FILE NUMBER)            IDENTIFICATION NO.)

                                  1355-B LYNNFIELD ROAD
                                       SUITE 245

                                   MEMPHIS, TN  38119
                                    (901)   818-5445

(ADDRESS,  INCLUDING ZIP CODE,  AND  TELEPHONE  NUMBER,  INCLUDING  AREA CODE OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)


<PAGE>



                    Item 1. Changes in Control of Registrant

                                 Not Applicable

                          ITEM 2. ACQUISITION OF ASSETS

                                 Not Applicable

                       ITEM 3. BANKRUPTCY OR RECEIVERSHIP

                                 Not Applicable

             ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

                                 Not Applicable

                              ITEM 5. OTHER EVENTS

                                 Not Applicable

                  ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS

                                 Not Applicable

                    ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

C.       Exhibits.

4.2      Form of Registration  Rights Agreements between the Company and each of
         Alpine  Consolidated II, LLC,  Capstone  Partners,  LLC, John Przywara,
         David Marshall,  Douglas W. Comfort,  Robert G. Falcone,  Wayne Heller,
         Dwain Wall, Stephen J. Garchik,  John Shaw, David Sullivan,  Jeffery M.
         Jarvis,  Frederick L. Farmer, W. Michael Murphy,  Jules S. Sowder, John
         K.  Lines,   Brian  S.  Sullivan,   John  D.  Sullivan,   the  Sullivan
         Grandchildren's Trust, the David L. Levine Irrevocable Children's Trust
         Under Agreement  dated April 27, 1998 f/b/o Whitney Monica Levine,  the
         David L. Levine  Irrevocable  Children's  Trust Under  Agreement  dated
         April  27,  1998  f/b/o  Ross  Michael  Levine,  the  David  L.  Levine
         Irrevocable Children's Trust Under Agreement dated April 27, 1998 f/b/o
         Keith  Phillip  Levine and  the David L. Levine  Revocable  Trust Under
         Agreement dated April 27, 1998.

                                       -2-


<PAGE>




                        ITEM 8. CHANGE IN FINANCIAL YEAR

                                 Not Applicable

           ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S

                                 Not Applicable

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                               RESORTQUEST INTERNATIONAL, INC.

Dated:  May 26, 1998                           By: /s/ D. Fraser Bullock
                                                  ----------------------------
                                               Name:   D. Fraser Bullock
                                               Title:   Vice President



                                       -3-


<PAGE>


                                  EXHIBIT INDEX
                                  -------------

4.2  Form of  Registration  Rights  Agreements  between  the Company and each of
     Alpine Consolidated II, LLC, Capstone Partners,  LLC, John Przywara,  David
     Marshall,  Douglas W. Comfort, Robert G. Falcone, Wayne Heller, Dwain Wall,
     Stephen J. Garchik, John Shaw, David Sullivan, Jeffery M. Jarvis, Frederick
     L. Farmer,  W. Michael  Murphy,  Jules S. Sowder,  John K. Lines,  Brian S.
     Sullivan,  John D. Sullivan, the Sullivan  Grandchildren's Trust, the David
     L. Levine Irrevocable Children's Trust Under Agreement dated April 27, 1998
     f/b/o Whitney Monica  Levine,  the David L. Levine  Irrevocable  Children's
     Trust Under Agreement  dated April 27, 1998 f/b/o Ross Michael Levine,  the
     David L. Levine  Irrevocable  Children's  Trust Under Agreement dated April
     27, 1998 f/b/o  Keith  Phillip  Levine and  the David L.  Levine  Revocable
     Trust Under Agreement dated April 27, 1998.
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 4755}]
{"company-data": {"conformed-name": "RESORTQUEST INTERNATIONAL INC", "cik": "0001057507", "assigned-sic": "7011", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14115", "film-number": "98631160"}, "business-address": {"street1": "1355 B LYNNFIELD ROAD", "city": "MEMPHIS", "state": "TN", "zip": "38119", "phone": "9018185445"}, "former-company": {"former-conformed-name": "VACATION PROPERTIES INTERNATIONAL INC", "date-changed": "19980311"}}
SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MAY 26, 1998

                         RESORTQUEST INTERNATIONAL, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

         DELAWARE                      01-14115                   52-2055247
(STATE OR OTHER JURISDICTION         (COMMISSION                (IRS EMPLOYER
     OF INCORPORATION)               FILE NUMBER)            IDENTIFICATION NO.)

                                  1355-B LYNNFIELD ROAD
                                       SUITE 245

                                   MEMPHIS, TN  38119
                                    (901)   818-5445

(ADDRESS,  INCLUDING ZIP CODE,  AND  TELEPHONE  NUMBER,  INCLUDING  AREA CODE OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
Item 1. Changes in Control of Registrant

                                 Not Applicable

                          ITEM 2. ACQUISITION OF ASSETS

                                 Not Applicable

                       ITEM 3. BANKRUPTCY OR RECEIVERSHIP

                                 Not Applicable

             ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

                                 Not Applicable

                              ITEM 5. OTHER EVENTS

                                 Not Applicable

                  ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS

                                 Not Applicable

                    ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

C.       Exhibits.

4.2      Form of Registration  Rights Agreements between the Company and each of
         Alpine  Consolidated II, LLC,  Capstone  Partners,  LLC, John Przywara,
         David Marshall,  Douglas W. Comfort,  Robert G. Falcone,  Wayne Heller,
         Dwain Wall, Stephen J. Garchik,  John Shaw, David Sullivan,  Jeffery M.
         Jarvis,  Frederick L. Farmer, W. Michael Murphy,  Jules S. Sowder, John
         K.  Lines,   Brian  S.  Sullivan,   John  D.  Sullivan,   the  Sullivan
         Grandchildren's Trust, the David L. Levine Irrevocable Children's Trust
         Under Agreement  dated April 27, 1998 f/b/o Whitney Monica Levine,  the
         David L. Levine  Irrevocable  Children's  Trust Under  Agreement  dated
         April  27,  1998  f/b/o  Ross  Michael  Levine,  the  David  L.  Levine
         Irrevocable Children's Trust Under Agreement dated April 27, 1998 f/b/o
         Keith  Phillip  Levine and  the David L. Levine  Revocable  Trust Under
         Agreement dated April 27, 1998.

                                       -2-
ITEM 8. CHANGE IN FINANCIAL YEAR

                                 Not Applicable

           ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S

                                 Not Applicable

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                               RESORTQUEST INTERNATIONAL, INC.

Dated:  May 26, 1998                           By: /s/ D. Fraser Bullock
                                                  ----------------------------
                                               Name:   D. Fraser Bullock
                                               Title:   Vice President

                                       -3-
EXHIBIT INDEX
                                  -------------

4.2  Form of  Registration  Rights  Agreements  between  the Company and each of
     Alpine Consolidated II, LLC, Capstone Partners,  LLC, John Przywara,  David
     Marshall,  Douglas W. Comfort, Robert G. Falcone, Wayne Heller, Dwain Wall,
     Stephen J. Garchik, John Shaw, David Sullivan, Jeffery M. Jarvis, Frederick
     L. Farmer,  W. Michael  Murphy,  Jules S. Sowder,  John K. Lines,  Brian S.
     Sullivan,  John D. Sullivan, the Sullivan  Grandchildren's Trust, the David
     L. Levine Irrevocable Children's Trust Under Agreement dated April 27, 1998
     f/b/o Whitney Monica  Levine,  the David L. Levine  Irrevocable  Children's
     Trust Under Agreement  dated April 27, 1998 f/b/o Ross Michael Levine,  the
     David L. Levine  Irrevocable  Children's  Trust Under Agreement dated April
     27, 1998 f/b/o  Keith  Phillip  Levine and  the David L.  Levine  Revocable
     Trust Under Agreement dated April 27, 1998.