Louisiana Real Estate Exam 2026
Questions and Verified Answers
(2026/2027 Updated) | Graded A+ |
100% Success
Louisiana License Law now specifically requires licensees to use a state mandated
Purchase Agreement beginning when? - Correct Answer -January 1, 2008
Louisiana Civil Law now specifically states that a licensee engaged in any real
estate transaction shall be considered to be representing the person with whom
he is working as a designated agent unless their is a written agreement between
the broker and the person providing that there is a different relationship or the
licensee is providing only ministerial acts on behalf of the person. This is not
withstanding any other provisions of the Civil Code dealing with agents. The new
section of the license law overrides the old law. - Correct Answer -
The licensee must notify the commission within __ days of change of address. -
Correct Answer -10
The law requires that the licensee provide the party with whom he is working in a
real estate sales or lease transaction with an ______________. This is prescribed
,by the commission and must be given to the party at the time of the face to face
contact when performing any real estate related activity involving the sale or lease
of real property other than a ministerial act. The client must sign this
______________, which must be kept by the agent for __ years. - Correct Answer
-agency disclosure informational pamphlet
acknowledgment of receipt
5
The agency law requires the use of a ________ agent on behalf of the Seller and
the Buyer. The broker is no longer the agent in a transaction, the licensee working
with that buyer or seller is the agent! - Correct Answer -designated
May be animate or inanimate, but they can be seen, felt or touched, such as land
or buildings. - Correct Answer -Corporeal things
May be understood or comprehended by the mind or thinking.
Ex-Rights of Inheritance, servitudes, and obligations. - Correct Answer -Incorporeal
things
, May not be owned by anyone. These include the air and the high seas. - Correct
Answer -Common things
Are owned by individuals, other private entities such as corporations, limited
liability companies, limited liability partnerships, or by the state or the
government. - Correct Answer -Private things
Some private things may be subject to public use, such as river banks or sidewalks.
If there is a levee then the levee is considered to be the bank of the river, if not,
the bank is the land lying between the natural high and low points of the water.
Are those things owned by the state or the local government. Ex-Running water,
navigable waters, the seashore, streets, and parks. Available to the public for use,
such as fishing, boating, driving, etc. May be subject to police powers of
municipality. - Correct Answer -Public things
In Louisiana, real property is divided into what two categories? - Correct Answer -
movables and immovables
Consist of land and its component parts, such as, buildings, timber, and
unharvested fruits and crops when they belong to the owner of the land. - Correct
Answer -immovables
Questions and Verified Answers
(2026/2027 Updated) | Graded A+ |
100% Success
Louisiana License Law now specifically requires licensees to use a state mandated
Purchase Agreement beginning when? - Correct Answer -January 1, 2008
Louisiana Civil Law now specifically states that a licensee engaged in any real
estate transaction shall be considered to be representing the person with whom
he is working as a designated agent unless their is a written agreement between
the broker and the person providing that there is a different relationship or the
licensee is providing only ministerial acts on behalf of the person. This is not
withstanding any other provisions of the Civil Code dealing with agents. The new
section of the license law overrides the old law. - Correct Answer -
The licensee must notify the commission within __ days of change of address. -
Correct Answer -10
The law requires that the licensee provide the party with whom he is working in a
real estate sales or lease transaction with an ______________. This is prescribed
,by the commission and must be given to the party at the time of the face to face
contact when performing any real estate related activity involving the sale or lease
of real property other than a ministerial act. The client must sign this
______________, which must be kept by the agent for __ years. - Correct Answer
-agency disclosure informational pamphlet
acknowledgment of receipt
5
The agency law requires the use of a ________ agent on behalf of the Seller and
the Buyer. The broker is no longer the agent in a transaction, the licensee working
with that buyer or seller is the agent! - Correct Answer -designated
May be animate or inanimate, but they can be seen, felt or touched, such as land
or buildings. - Correct Answer -Corporeal things
May be understood or comprehended by the mind or thinking.
Ex-Rights of Inheritance, servitudes, and obligations. - Correct Answer -Incorporeal
things
, May not be owned by anyone. These include the air and the high seas. - Correct
Answer -Common things
Are owned by individuals, other private entities such as corporations, limited
liability companies, limited liability partnerships, or by the state or the
government. - Correct Answer -Private things
Some private things may be subject to public use, such as river banks or sidewalks.
If there is a levee then the levee is considered to be the bank of the river, if not,
the bank is the land lying between the natural high and low points of the water.
Are those things owned by the state or the local government. Ex-Running water,
navigable waters, the seashore, streets, and parks. Available to the public for use,
such as fishing, boating, driving, etc. May be subject to police powers of
municipality. - Correct Answer -Public things
In Louisiana, real property is divided into what two categories? - Correct Answer -
movables and immovables
Consist of land and its component parts, such as, buildings, timber, and
unharvested fruits and crops when they belong to the owner of the land. - Correct
Answer -immovables
