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Louisiana Real Estate Course Unit 4 Questions and Correct Answers By Expert

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Louisiana Real Estate Course Unit 4 Questions and Correct Answers By Expert

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Louisiana Real Estate Course Unit 4
Questions and Correct Answers By
Expert
How long is the delinquency renewal window that follows

the license expiration date?

Ans: 3 months



During a three-month period after expiration, a licensee

may file a renewal form. The renewal form must be

accompanied by a statement indicating that

Ans: the licensee will be required to sit through and
successfully complete the pre-licensing examination.



When does a real estate license expire?

Ans: December 31st each year




Nicholas Mwololo

, Page 2

If a licensee provides inaccurate information to the LREC the

licensee may be fined

Ans: up to $5,000.



A salesperson's license shows

Ans: the name and address of the sponsoring broker or
the licensed entity for which the licensee works.



If a licensee changes his or her home address and business

address, what, if anything is he or she required to do?

Ans: Notify the Commission of both within 10 days.



As part of an application for delinquent renewal, an

applicant must

Ans: declare whether the applicant has conducted any
activity requiring a license during the delinquent
period.
Nicholas Mwololo

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