Practice questions for this set
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Written authorization from all owners of the property
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An applicant for a real estate license may continue to attempt to pass the licensing exam for a
1
period of
2 Which of the following statements is NOT true regarding an individual real estate broker?
Corporate, limited liability company, and partnership brokers must retain copies of all real estate
3
transactions for a period of:
, Which of the following is required in order to advertise a property for sale?
A For Sale sign in the yard
Written authorization from all owners of the property
Permission from the Real Estate Commission
It must be listed in the MLS
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Terms in this set (83)
All applicants for a Louisiana real estate 30 hours
license must complete an approved course
of study in subjects such as Louisiana Real
Estate Licensing Law consisting of at least:
All applications for real estate licensing Notarized
must be:
All written offers to purchase real estate Immediately
should be presented
, An applicant for a real estate license may 1 year
continue to attempt to pass the licensing
exam for a period of
Associate brokers and salespersons may One sponsoring broker
not be sponsored by more than:
Brokers are limited to what amount of $2,500
personal funds in an escrow account?
Building restrictions can be modified at Any time if all property owners agree
what point?
Can a licensee give information regarding Yes
list prices on the telephone as a ministerial
act?
Can an attorney perform the duties of a real Yes, if it is required in the normal course of other legal
estate agent or broker without being representation
licensed as a real estate salesperson or
broker?
Corporate, limited liability company, and 5 years
partnership brokers must retain copies of all
real estate transactions for a period of: