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Louisiana practice exam real estate Questions and Correct Answers | Latest Update $13.49   Add to cart

Exam (elaborations)

Louisiana practice exam real estate Questions and Correct Answers | Latest Update

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  • Course
  • Louisiana
  • Institution
  • Louisiana

Which of the following statements is true regarding testing for real estate licensing? An application for licensing must be approved prior to an applicant taking the real estate licensing examination. An applicant for real estate licensing must pass the licensing exam prior to applying for a ...

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  • September 19, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Louisiana
  • Louisiana
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2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




Louisiana practice exam real estate Questions
and Correct Answers | Latest Update
Which of the following statements is true regarding testing for real estate licensing?




An application for licensing must be approved prior to an applicant taking the real estate

licensing examination.




An applicant for real estate licensing must pass the licensing exam prior to applying for a

license.




The real estate examination may be taken only after the broker sponsorship affidavit is

submitted to the LREC.




A real estate license will not be issued until 90 days after the examination has been passed.


✓ -:- An application for licensing must be approved prior to an applicant

taking the real estate licensing examination.




Licensees receiving written offers in cooperative transactions must annotate the offer to

indicate:


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,2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




The time and date the offer was received




The interest rate




The commission split




The appraised value of the property


✓ -:- The time and date the offer was received




An olographic will is one that is:




Handwritten and signed by the testator




Prepared by an attorney or notary




Certified by the Secretary of State



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Recorded at the court house


✓ -:- Handwritten and signed by the testator




Which of the following is NOT considered to be a psychological impact?




Cracked slab




AIDS




Murder




Suicide


✓ -:- cracked slab




If an applicant does not pass the licensing exam within the required time, the applicant must:




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Re-apply for the exam and receive a new exam authorization




Get permission from their sponsoring broker to take the exam at a later date




Request a refund for the licensing and exam fees paid




Wait six months before requesting a new exam authorization


✓ -:- Re-apply for the exam and receive a new exam authorization




The right of the government to regulate land use through zoning is called:




Police powers




Escheat




Zonation




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