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Louisiana Law (bob brooks) Questions and Correct Answers | Latest Update

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  • Course
  • Louisiana Law
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  • Louisiana Law

means a person who holds a brokers license and who is exclusively affiliated with and sponsored by another licensed real estate broker.  Associate Broker A licensee holding a brokers license but who is sponsored by another broker is a?  Associate broker A principal refers to which of th...

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  • October 4, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Louisiana Law
  • Louisiana Law
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Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025


Louisiana Law (bob brooks) Questions and
Correct Answers | Latest Update
means a person who holds a brokers license and who is exclusively affiliated with and

sponsored by another licensed real estate broker.


 Associate Broker




A licensee holding a brokers license but who is sponsored by another broker is a?


 Associate broker




A principal refers to which of the following?


 Buyer and Seller




is usually the seller (vendor) or buyer (vendee) in a transaction


 Principal




Must have completed 150 hours of instruction in a course approved by the commission and

passed a state exam


 Qualifications for a Broker License




All renewals must be accompanied by correct fees, proof of Errors and Omissions Insurance


~ 1 ~ for inquiry mail me @ supergrades12@gmail.com

, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025

 Renewal of License




have a credit for twelve hours of continuing education


 Renewal of License 2




Commingling the money or other property of his principals with his or her own


 Suspension of license




the revocation or suspension of a sponsoring broker's license shall automatically suspend every

associate broker and salesperson license sponsored by that broker


 Revocation of Broker License




Have completed 150 hours of approved instruction.


 An original applicant for a Broker's license MUST




Kept client funds in the company general operating account.


 A broker would be guilty of commingling funds if he/she




Must transfer license to Commission.




~ 1 ~ for inquiry mail me @ supergrades12@gmail.com

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