LOUISIANA RULES & REGULATIONS EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Course
LOUISIANA RULES & REGULATIONS
Institution
LOUISIANA RULES & REGULATIONS
How many days after passing the licensing exam does an applicant have in which to submit the affidavit of sponsorship to the Commission? - ACCURATE ANSWERS 90
The examination authorization form issued by the Commission will expire after: - ACCURATE ANSWERS 90 Days
Which of the following docum...
LOUISIANA RULES & REGULATIONS
EXAM
LOUISIANA RULES & REGULATIONS EXAM WITH GUARANTEED ACCURATE
ANSWERS |VERIFIED
How many days after passing the licensing exam does an applicant have
in which to submit the affidavit of sponsorship to the Commission? -
ACCURATE ANSWERS✔✔ 90
The examination authorization form issued by the Commission will
expire after: - ACCURATE ANSWERS✔✔ 90 Days
Which of the following documents is/are required of licensing
applicants? - ACCURATE ANSWERS✔✔ Proof of completion of the
required real estate instruction hours. Verification of passing an
equivalent real estate license examination if licensed in another state.
Copy of any trade name or trademark registration issued by the secretary
,of state for use by the individual broker or salesperson applicant in real
estate license activities.
Licenses, registrations and certificates issued to a corporation,
partnership or limited liability company for any purpose shall be issued
in the identical name as registered with: - ACCURATE ANSWERS✔✔
the Secretary of State.
Any applicant who takes and fails to pass the initial licensing exam must
- ACCURATE ANSWERS✔✔ apply to the Commission to retake the
exam and pay a processing fee.
The Commission shall require ____ of the 12 hours continuing
education to be in a mandated topic. - ACCURATE ANSWERS✔✔ 4
When a licensed agency purchases or acquires another licensed agency,
the sponsoring broker of the acquiring agency shall give written notice
to all licensees transferred to the acquiring agency within ____ working
days following the date of acquisition - ACCURATE ANSWERS✔✔ 5
A transfer fee will not be charged when the salesperson or associate
broker applies for transfer within 60 days of - ACCURATE
ANSWERS✔✔ the death of the sponsoring broker, suspension or
revocation of the sponsoring broker, transfer of the sponsoring broker
Which of the following is TRUE? - ACCURATE ANSWERS✔✔ A
broker may conduct real estate activity as an individual real estate broker
, and at the same time be designated as the qualifying broker of one or
more corporations, limited liability companies or partnerships. Associate
brokers and salespersons may not be sponsored by more than one
Louisiana broker. A broker may not conduct business as an individual
broker and an associate broker at the same time.
If a licensee has been on inactive status for 1 to 5 years, how many hours
of post licensing coursework may be used in lieu of continuing
education to activate the license? - ACCURATE ANSWERS✔✔ 45
hours
A licensee must complete all continuing education requirements before
transferring to inactive status.
true or false - ACCURATE ANSWERS✔✔ false
The Commission shall not intervene in employment disputes or disputes
pertaining to financial obligations that are the result of a business
relationship between a broker and a sponsored licensee.
true or false - ACCURATE ANSWERS✔✔ true
Who is ultimately responsible for branch office operations? -
ACCURATE ANSWERS✔✔ The individual sponsoring broker
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