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LOUISIANA REAL ESTATE EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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LOUISIANA REAL ESTATE EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

Institution
LOUISIANA
Course
LOUISIANA

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LOUISIANA REAL ESTATE EXAM WITH
CORRECT QUESTIONS AND ANSWERS
2025


The Commission is comprised of how many members? - CORRECT-ANSWERS11



Commission members are appointed by who? - CORRECT-ANSWERSThe governor



Each appointment to the Commission shall be for a __ year term. No commissioner may serve



more than that. - CORRECT-ANSWERS6



The Commission must meet ______. - CORRECT-ANSWERSquarterly



A minimum of __ members is required for a ______ to conduct business. - CORRECT-



ANSWERS5



quorum



The Commission may meet more frequently if such meetings are deemed necessary and



requested by a minimum of __ members. - CORRECT-ANSWERS3

,The Commission has power to require brokers to maintain and retain records of all real estate



transactions in which they were involved for up to ___ years. - CORRECT-ANSWERS5



Licenses issued by the LREC are classified as? - CORRECT-ANSWERSActive or Inactive



Exemptions from Licensing:



______ engaged in the transfer of real estate interests as part of other services provided for



their clients. - CORRECT-ANSWERSAttorneys



A ______, ______, or __________ is a business entity, which has been issued a license by the



State to function as a broker. - CORRECT-ANSWERSCorporate, partnership, or limited



liability company broker



Furthermore, upon dissolution of or termination by the corporation or partnership, the broker



must return the licenses of every associate broker and salesperson sponsored by the



corporation or partnership within ___ days of the dissolution or termination. - CORRECT-



ANSWERS10

, To be eligible to apply for a broker's license, the applicant must hold an active salesperson



license for a minimum of __ years prior to application. - CORRECT-ANSWERS4



Before applying for a broker's license, anyone accruing time prior to January 1, 2009, shall



have to serve as a salesperson for only __ years. - CORRECT-ANSWERS2



Before applying for a broker's license, the applicant must show evidence of completion of ___



hours of current educational instruction in real estate courses approved by the real estate



commission. At least ___ of those hours must be in courses emphasizing broker's



responsibilities. - CORRECT-ANSWERS150



30



Each person obtaining an initial salesperson's license shall complete ___ post-license



education hours within ___ days after the initial license date. - CORRECT-ANSWERS45



180

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LOUISIANA

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