Louisiana Real Estate - State Portion License Exam

Louisiana Real Estate - State Portion License Exam 30 hours of a Brokers 150 hours must be in Broker Responsibilities? ️True A Bilateral Contract is also called a ️Synallagmatic Contract A bond for deed may be canceled for default by filling a notice in the legal record after ️45 days of default A broker designated by a corporation to be the representative before the commission is known as ️The Qualifying Broker A Broker must have how many hours of pre-license education? ️150 hours A broker must have written authority from a home owner to advertise? ️True A Broker that work for another broker is called ️An associate broker A buyer does not get the right Redhibition if the defects are easily noticed by visual inspection? ️True A charge on real OR personal Property for the benefit of a PERSON is ️Personal Servitude A Contract based on fraud is ️Relatively Null (or Voidable) A contract in which a party is obligated for the benefit of the other but receives no advantage in return is a ️Gratuitous contract A contract in which the parties give to each other a thing other than money is an ️Exchange A contract in which the party who accepts the obligation of the other but does not require a reciprocal obligation is called a ️Unilateral Contract A contract that violates a public order is ️Absolutely Null (or illegal) A contract with no deposit of money is a ️specific performance contract A Conveyance signed by the parties but not before a notary is called a ️Act under private signature A copy of documents that a client SHOULD HAVE but did NOT necessarily sign must be given ️Within 5 (five) days A COW would be a ️Corporeal, animate thing A FARM lease without a definite terminate date is said to be ️For a Year A farmer that stays on a farm lease for one month without opposition after expiration is allowed to remain on the farm for another ️Year A hearing is held and Broker A has his license revoked. Broker A appeals his revocation in court. During the trial Broker A lists a property for sale. Is this Legal? ️It is legal if Broker A requested and OBTAINED a stay of enforcement A landlord must give at least how many days before eviction due to non-payment? ️5 (five) days A Lease for Rent is also called a ️Non-farm Lease A lease for rent without a definite term is said to be ️Month to Month A Lease is what type of contract? ️A synallagmatic or Bilateral Contract A license found guilty at a hearing may have his or her license revoked? ️True