Real Estate State Portion Practice Exam
(Louisiana)
one month - ANS-A Farm Lease that has expired is presumed to been continued for another
year if the tenant holds over without opposition for:
one month - ANS-A Lessor must return a deposit to the lessee or provide an itemized statement
of the reason for retention of all or part of the deposit within:
Redhibition - ANS-The avoidance of a sale on account of some vice or defect in the thing sold is
called:
Vendor - ANS-The seller is called the
FHA, VA, Loans covered by Louisiana Consumer Credit Law, Loans for commercial or business
purpose, loans to corporations or partnerships - ANS-Which of the following types of loans are
exempt from the Louisiana usury law
Vendors Privilege - ANS-A right granted to a seller for the unpaid sales price is called the
community property - ANS-A system of principles and rules governing the ownership and
management of the property of married persons or between themselves and toward third
persons is called:
every page - ANS-A broker must include his name, office address and license jurisdiction in all
advertising on a website. At a minimum, the information must appear on at least
qualifying broker - ANS-The broker that is the representative of a corporation or partnership in
all matters relating to its real estate activities is the
irrevocable during that time - ANS-An offer that specifies a time for acceptance
Must be provided to all prospective sells/buyers at first face to face contact, should be signed
and dated by client and kept by the licensee for 5 years, if the client refuses to sign it, the
licensee must write the time, date and reason for refusal, sign it, and retain the refusal for 5
years - ANS-Which of the following is true regarding the Agency Disclosure Informational
Pamphlet?
the month and year it was printed - ANS-All printed ads for the sale of residential real estate
must include
(Louisiana)
one month - ANS-A Farm Lease that has expired is presumed to been continued for another
year if the tenant holds over without opposition for:
one month - ANS-A Lessor must return a deposit to the lessee or provide an itemized statement
of the reason for retention of all or part of the deposit within:
Redhibition - ANS-The avoidance of a sale on account of some vice or defect in the thing sold is
called:
Vendor - ANS-The seller is called the
FHA, VA, Loans covered by Louisiana Consumer Credit Law, Loans for commercial or business
purpose, loans to corporations or partnerships - ANS-Which of the following types of loans are
exempt from the Louisiana usury law
Vendors Privilege - ANS-A right granted to a seller for the unpaid sales price is called the
community property - ANS-A system of principles and rules governing the ownership and
management of the property of married persons or between themselves and toward third
persons is called:
every page - ANS-A broker must include his name, office address and license jurisdiction in all
advertising on a website. At a minimum, the information must appear on at least
qualifying broker - ANS-The broker that is the representative of a corporation or partnership in
all matters relating to its real estate activities is the
irrevocable during that time - ANS-An offer that specifies a time for acceptance
Must be provided to all prospective sells/buyers at first face to face contact, should be signed
and dated by client and kept by the licensee for 5 years, if the client refuses to sign it, the
licensee must write the time, date and reason for refusal, sign it, and retain the refusal for 5
years - ANS-Which of the following is true regarding the Agency Disclosure Informational
Pamphlet?
the month and year it was printed - ANS-All printed ads for the sale of residential real estate
must include