Louisiana practice exam real estate | 60 Questions with 100% Correct Answers | Verified | 22 Pages

Which of the following statements is true regarding testing for real estate licensing? An application for licensing must be approved prior to an applicant taking the real estate licensing examination. An applicant for real estate licensing must pass the licensing exam prior to applying for a license. The real estate examination may be taken only after the broker sponsorship affidavit is submitted to the LREC. A real estate license will not be issued until 90 days after the examination has been passed. - ANS - An application for licensing must be approved prior to an applicant taking the real estate licensing examination. Licensees receiving written offers in cooperative transactions must annotate the offer to indicate: The time and date the offer was received