Real Estate State Portion Practice Exam
(Louisiana) Questions and Correct Answers |
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one month
✓ -:- A Farm Lease that has expired is presumed to been continued for
another year if the tenant holds over without opposition for:
one month
✓ -:- A Lessor must return a deposit to the lessee or provide an itemized
statement of the reason for retention of all or part of the deposit within:
Redhibition
✓ -:- The avoidance of a sale on account of some vice or defect in the
thing sold is called:
Vendor
✓ -:- The seller is called the
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FHA, VA, Loans covered by Louisiana Consumer Credit Law, Loans for commercial or
business purpose, loans to corporations or partnerships
✓ -:- Which of the following types of loans are exempt from the Louisiana
usury law
Vendors Privilege
✓ -:- A right granted to a seller for the unpaid sales price is called the
community property
✓ -:- A system of principles and rules governing the ownership and
management of the property of married persons or between themselves
and toward third persons is called:
every page
✓ -:- A broker must include his name, office address and license
jurisdiction in all advertising on a website. At a minimum, the information
must appear on at least
qualifying broker
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