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Latest Real Estate Louisiana Practice Exam with correct answers 2026/2027 version

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Latest Real Estate Louisiana Practice Exam with correct answers 2026/2027 version

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Latest Real Estate Louisiana Practice Exam with correct answers
2026/2027 version

How often must a licensee renew his/her inactive license? -correct answer >>>on a
yearly basis

How many total hours of continuing education is required for renewal each year? -
correct answer >>>12

Upon termination of a relationship with a sponsoring broker, the licensee is required to: -
correct answer >>>return any information obtained during the business relationship to
the broker

Right and obligations that apply to movables are called: -correct answer >>>incorporeal
movables

A donation of property that is made without conditions imposed on the donee is called a:
-correct answer >>>gratuitous donation

When must offers be presented to the client? -correct answer >>>immediately

An example of a personal servitude is a: -correct answer >>>usufruct

A servitude that is granted to the land and passes with the estate is a: -correct answer
>>>predial servitude

Does a licensee owe any duty to a customer? -correct answer >>>yes, to be fair and
honest

Which of the following statements is NOT true regarding an individual real estate
broker? -correct answer >>>the individual broker may be licensed as a qualifying broker
for one corporation only

Things attached to a building that have been immobilized are called what? -correct
answer >>>component parts

How many escrow accounts may a resident broker have at one time? -correct answer
>>>one or more

In Louisiana, sub agency is: -correct answer >>>allowed only by a contractual
agreement

If a applicant has attempted to use specific information on copyrighted test questions
appearing on the licensing exam? -correct answer >>>it shall be grounds for denial of a
license

, Can a licensee give information regarding list prices on the telephone as a ministerial
act? -correct answer >>>yes

Which of the following is NOT required for real estate licensing in Louisiana? -correct
answer >>>work history of an applicant

Licensees receiving written offers in cooperative transactions must annotate the offer to
indicate: -correct answer >>>the time and date the offer was received

Upon the death of a sponsoring broker, the licenses of the sponsored licensees must be
returned to the commission: -correct answer >>>within 5 days

Which of the following is the right in Louisiana to use a thing? -correct answer >>>usus

An applicant for a real estate license may continue to attempt to pass the licensing
exam for a period of: -correct answer >>>one year

May a licensee keep information about material defects in the property confidential? -
correct answer >>>No, they must be disclosed

When the license of a sponsoring broker is suspended: -correct answer >>>all licensees
sponsored by that broker are also suspended

Advertising for franchise organizations must indicate: -correct answer >>>that each
office is independently owned and operated

When a licensee is appointed to represent two clients in the same transaction, for
example, the buyer and the seller, this is called: -correct answer >>>dual agency

How are members of the Real Estate Commission selected? -correct answer >>>they
are appointed by the Governor and confirmed by the Senate

Associate brokers and salespersons may not be sponsored by more than: -correct
answer >>>one sponsoring broker

The individual who represents a client is referred to as an: -correct answer >>>agent

Licensees renewing their license while on inactive status: -correct answer >>>are not
required to comply with the mandated Errors and Omissions coverage requirement

A licensee who fails to renew his/her real estate license within the delinquent renewal
period: -correct answer >>>must meet all requirements of initial applicants

All advertising involving the sale of real estate must include: -correct answer >>>the
name and telephone number of the licensed broker

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