Louisiana real estate - Study guides, Class notes & Summaries

Louisiana Real Estate Exam Questions and Answers 100% Pass The Commission is comprised of how many members? - Answer- 11 Commission members are appointed by who? - Answer- The governor Each appointment to the Commission shall be for a __ year term. No commissioner may serve more than that. - Answer- 6 The Commission must meet ______. - Answer- quarterly A minimum of __ members is required for a ______ to conduct business. - Answer- 5 quorum The Commission may meet more frequently if suc...

Louisiana real estate exam with complete solutions (100% guaranteed success)

An applicant for a real estate license may continue to attempt to pass the licensing exam for a period of - Answer 1 year In Louisiana, sub agency is - Answer Allowed only by a contractual agreement No associate broker or salesperson license may be renewed until - Answer The license of their sponsoring broker has been renewed All written offers to purchase real estate should be presented - Answer Immediately Corporate, limited liability company, and partnership brokers mu...

Louisiana Real Estate Exam Correct Questions & Answers(RATED A)

A seller tells the listing agent that her home was treated for termites 10 years ago, so there are no termites now. Before listing the property, the agent should: - tell the seller to disclose the termite treatment on the property disclosure Legal descriptions using the government survey system are NOT generally used in: - the original 13 states Although states make specific laws governing water rights and the rights in land that borders water, most states generally follow one of two basic...

Primary Purpose of Louisiana License Law is to -:- Protect the public The LA Real Estate Commission consists of -:- 11 (eleven) members To confirm commission appointments, the Governor must submit names to -:- The Senate Real Estate Commission members serve -:- 6 (six) year terms Members of The LA Real Estate Commission must be -:- Qualified electors of the State of LA Citizens of the State of LA 2 | P a g e | G r a d e A + | 2 0 2 4 / 2 0 2 5 Excel! 2 0 2 4 /2025 | © copyri...

Louisiana Real Estate - State Portion License Exam Questions And Answers Solved 100% Correct!

limited partnership - A partnership composed of general and limited partners whose contribution and liability are limited and specifically defined joint tenancy - a form of co-ownership between two or more persons of an interest in real property whereby such persons own the interest together and each person has exactly the same rights in that interest as his co-tenants. Joint tenancy is created by the act of the parties. The key is the right of survivorship. easement in necessity - Arises ...

Louisiana Real Estate Practice Exams (National) Verified Answers A borrower has defaulted on the mortgage. The mortgage contains an acceleration clause. This permits the lender to: ️demand immediate payment of the entire note A broker has brought a ready, willing, and able buyer to a seller. In MOST listing contracts, the broker has earned his commission when: ️the seller accepts the offer A broker has signed a listing contract for the sale of a home. Which of the following could m...