Louisiana real estate - Study guides, Class notes & Summaries

Louisiana Real Estate Exam questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

Louisiana Real Estate Exam (National) Questions with 100% Correct Answers | Latest Version (2024/2025) Expert Verified | Ace the Test

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 In business as a Broker for at least 5 years How many members of the commission constitute a Quorum? - ...

Louisiana Real Estate Exam Complete Solutions ___ is the Louisiana right to dispose of a thing ️Abusus _____ is the organization that will investigate alleged violations of the Louisiana real estate license law ️The LREC A court order to physically divide property among the several owners is a ️Partition in kind A lessor who does not return a security deposit within 30 days of the tenant vacating the property, may be subject to damages for attorney fees and a minimum of: ️$20...

Louisiana Real Estate Exam PSI with Complete Solutions. governor ️ has the authority to appoint commissioners to serve on the real estate commission legislature ️ elected representatives and senators enact laws that regulate the real estate industry louisiana real estate commission ️ enforces laws concerning real estate and establishes rules and regulations for licensees/ primary purpose to protect the public realtor ️ licensee who is a member of the local board of realtors indiv...

Louisiana Real Estate Practice Exams (National) Questions and Answers Already Passed Real property can be converted to personal property by: severance 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 doctrines regarding water rights. In many states, the common law doctrine of ripar...

When must the Commission be notified of the closing of an Escrow or Rental Trust account? Select one: a. Within 5 days b. 10 days after closing the escrow. c. Commission does not have to be notified. d. Within 15 days. - b An applicant for a brokers license MUST: Select one: a. Have been an active agent for at least five years. b. Have been an active agent for at least four years. c. Have completed at least one year of college credit in real estate. d. Be at least twenty-five years ol...

mmission d. Louisiana Real Estate License Bureau - answerB Applicants have how long to find a sponsoring broker after passing the State exam? Select one: a. Must have broker before taking exam. b. Six months c. 90 days d. 60 days - answerc Every applicant for a license shall submit a sworn statement attesting that he/she has knowledge of an understands the provisions of: Select one: a. The Fair Housing Act of 1968 only b. The Louisiana Equal Housing Opportunity Act only c. Both the ...

Enacting real estate laws in Louisiana is the job of the: Select one: a. Louisiana Board of Realtors b. Louisiana State Legislature c. Louisiana Real Estate Commission d. Louisiana Real Estate License Bureau - Answer B Applicants have how long to find a sponsoring broker after passing the State exam? Select one: a. Must have broker before taking exam. b. Six months c. 90 days d. 60 days - Answer c Every applicant for a license shall submit a sworn statement attesting that ...