LOUISIANA REAL ESTATE EXAM QUESTIONS AND ANSWERS
LATEST 2025
The Commission is comprised of how many members? -
Answer-11
Commission members are appointed by who? -
Answer-The governor
Each appointment to the Commission shall be for a year term. No
commissioner may serve more than that. -
Answer-6
The Commission must meet .-
Answer-quarterly
A minimum of members is required for a to conduct business. -
Answer-5 quorum
The Commission may meet more frequently if such meetings are deemed
necessary and requested by a minimum of members. -
Answer-3
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. -
Answer-5
Licenses issued by the LREC are classified as? -
Answer-Active or Inactive
Exemptions from Licensing:
engaged in the transfer of real estate interests as part of other
services provided for their clients. -
Answer-Attorneys
A , , or is a business entity, which has been issued a
license by the State to function as a broker. -
Answer-Corporate, 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. -
Answer-10
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. -
,Answer-4
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. -
Answer-2
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. -
Answer-150
, 30
Each person obtaining an initial salesperson's license shall complete post-
license education hours within days after
the initial license date. -
Answer-45
180
Post-license education hours may be used to satisfy hours of
the hour annual continuing
education requirement. -
Answer-8
12
Inactivity for 1 to 3 years -
Answer-20 hours of continuing ed
Inactivity for 3 to 5 years -
Answer-40 hours of continuing ed
hours of continuing ed is required of all
licensees. Broken down into classes. -
Answer-12
4
The transfer of active salesperson and broker licenses must be processed
through the LREC. Salespersons must request that their present sponsoring
broker return their license to the real estate commission. Their sponsoring
broker is required to comply with the request within days. -
Answer-5
One of the major powers of the Commission is to censure, suspend, or revoke the
licenses of brokers, salespersons and registered timeshare interest salespersons
for cause. -
Answer-
If charges are brought against a licensee following a complaint and subsequent
investigation, a written notice of the charges must be received by the licensee, at
least
days prior to his/her scheduled hearing before the Commission. The
licensee's broker sponsoring broker must be notified of the charges and the
scheduled hearing as well. The hearing may be an hearing or formal
hearing. -
Answer-20 days
Informal adjudicatory or formal adjudicatory
The broker's name and telephone number must appear in all advertising. -
LATEST 2025
The Commission is comprised of how many members? -
Answer-11
Commission members are appointed by who? -
Answer-The governor
Each appointment to the Commission shall be for a year term. No
commissioner may serve more than that. -
Answer-6
The Commission must meet .-
Answer-quarterly
A minimum of members is required for a to conduct business. -
Answer-5 quorum
The Commission may meet more frequently if such meetings are deemed
necessary and requested by a minimum of members. -
Answer-3
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. -
Answer-5
Licenses issued by the LREC are classified as? -
Answer-Active or Inactive
Exemptions from Licensing:
engaged in the transfer of real estate interests as part of other
services provided for their clients. -
Answer-Attorneys
A , , or is a business entity, which has been issued a
license by the State to function as a broker. -
Answer-Corporate, 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. -
Answer-10
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. -
,Answer-4
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. -
Answer-2
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. -
Answer-150
, 30
Each person obtaining an initial salesperson's license shall complete post-
license education hours within days after
the initial license date. -
Answer-45
180
Post-license education hours may be used to satisfy hours of
the hour annual continuing
education requirement. -
Answer-8
12
Inactivity for 1 to 3 years -
Answer-20 hours of continuing ed
Inactivity for 3 to 5 years -
Answer-40 hours of continuing ed
hours of continuing ed is required of all
licensees. Broken down into classes. -
Answer-12
4
The transfer of active salesperson and broker licenses must be processed
through the LREC. Salespersons must request that their present sponsoring
broker return their license to the real estate commission. Their sponsoring
broker is required to comply with the request within days. -
Answer-5
One of the major powers of the Commission is to censure, suspend, or revoke the
licenses of brokers, salespersons and registered timeshare interest salespersons
for cause. -
Answer-
If charges are brought against a licensee following a complaint and subsequent
investigation, a written notice of the charges must be received by the licensee, at
least
days prior to his/her scheduled hearing before the Commission. The
licensee's broker sponsoring broker must be notified of the charges and the
scheduled hearing as well. The hearing may be an hearing or formal
hearing. -
Answer-20 days
Informal adjudicatory or formal adjudicatory
The broker's name and telephone number must appear in all advertising. -
