REAL ESTATE SALESPERSON BOARD
EVALUATION 2026 GUARANTEED PASS
ANSWERS GRADED A+
● An agent who is employed by and represents only the purchaser in a
transaction? Answer: Buyer's agent
● Condominiums, leaseholds, and other interest in land with the
exception of oil, gas, or minerals? Answer: Real Estate
● The Real Estate Commission consist of eleven members appointed by
the... Answer: Governor
● Real Estate Commissioners in Louisiana are: Answer: . Appointed by
the Governor
● One who for a fee manages real estate, collects rents, supervises
property maintenance for another Answer: Property Manager
● A broker who is the sponsoring broker for a partnership or corporation
is called a(n) Answer: Qualifying broker
, ● A person acting under the provisions of the license law in a real estate
transaction is a(n): Answer: Agent
● A sponsoring broker: Answer: May sponsor only licensed agents.
● A licensee holding a brokers license but who is sponsored by another
broker is a(n) Answer: Associate broker
● A person issued a license by the Louisiana Real Estate Commission is
a: Answer: Licensee
● A licensee who has a written agreement to sell real estate and act as an
agent is known as the: Answer: Listing Agent
● Mixing personal funds with funds belonging to other persons is:
Answer: Commingling
● Enforcing laws concerning real estate and licensees is the job of the:
Answer: Louisiana Real Estate Commission
● Every real estate corporation or partnership MUST designate on the
company license: Answer: The name of the qualifying broker.
EVALUATION 2026 GUARANTEED PASS
ANSWERS GRADED A+
● An agent who is employed by and represents only the purchaser in a
transaction? Answer: Buyer's agent
● Condominiums, leaseholds, and other interest in land with the
exception of oil, gas, or minerals? Answer: Real Estate
● The Real Estate Commission consist of eleven members appointed by
the... Answer: Governor
● Real Estate Commissioners in Louisiana are: Answer: . Appointed by
the Governor
● One who for a fee manages real estate, collects rents, supervises
property maintenance for another Answer: Property Manager
● A broker who is the sponsoring broker for a partnership or corporation
is called a(n) Answer: Qualifying broker
, ● A person acting under the provisions of the license law in a real estate
transaction is a(n): Answer: Agent
● A sponsoring broker: Answer: May sponsor only licensed agents.
● A licensee holding a brokers license but who is sponsored by another
broker is a(n) Answer: Associate broker
● A person issued a license by the Louisiana Real Estate Commission is
a: Answer: Licensee
● A licensee who has a written agreement to sell real estate and act as an
agent is known as the: Answer: Listing Agent
● Mixing personal funds with funds belonging to other persons is:
Answer: Commingling
● Enforcing laws concerning real estate and licensees is the job of the:
Answer: Louisiana Real Estate Commission
● Every real estate corporation or partnership MUST designate on the
company license: Answer: The name of the qualifying broker.
