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Louisiana Law bob Brooks Exam Questions And Accurate Answers
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Louisiana Law bob Brooks Exam Questions AndAccurate Answers 2024-2025
Associate Broker - Answer means an individual holding a brokers license who is
exclusively affiliated with and sponsored by another licensed real estate broker.
Associate broker - Answer A licensee holding a brokers license but who is sponsored by
another broker is a?
Buyer and Seller - Answer A principal refers to which of the following?
Principal - Answer is usually the seller (vendor) or buyer (vendee) in a transaction
Broker License Qualifications Must have completed 150 hrs of instruction in course
approved by the commission and passed a state exam
License Renewal All renewals must be accompanied by correct fees, proof of Errors
and Omissions Insurance
License Renewal 2 - Answer have a credit for twelve hrs of continuing education
Suspension of license - Answer Commingling the money or other property of his
principals with his or her own
Revocation of Broker License - Answer the revocation or suspension of a sponsoring
broker's license shall automatically suspend every associate broker and salesperson
license sponsored by that broker
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