Louisiana Real Estate - State Portion License
Exam Questions And Answers Latest
Updated 2025 |100% Verified.
Primary Purpose of Louisiana License Law is to - Answer✔Protect the public
The LA Real Estate Commission consists of - Answer✔11 (eleven) members
To confirm commission appointments, the Governor must submit names to - Answer✔The
Senate
Real Estate Commission members serve - Answer✔6 (six) year terms
Members of The LA Real Estate Commission must be - Answer✔Qualified electors of the State
of LA
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Citizens of the State of LA
In business as a Broker for at least 5 years
How many members of the commission constitute a Quorum? - Answer✔5 (five)
How many times is the commission REQUIRED to meet? - Answer✔Quarterly
How many Commissiion meetings per month? - Answer✔2 (two)
Application by _ members is required for additional meetings - Answer✔3 (three)
How much are Commission members paid for attending commission meetings? - Answer✔$50
plus actual expenses
Where is the commission located? - Answer✔Baton Rouge
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The Commission has the power and authority to-- - Answer✔Regulate the issuance of licenses,
registrations and certificates
Promulgate the rules and bylaws for the enforcement of the license law
Appoint an executive director
Etc.
What is right of the commission to allow licensees in other states to receive a license in on state
if that state allows our licensees the same privilege? - Answer✔Reciprocity
What is a requirement for out of state broker cooperation? - Answer✔One copy of the
cooperating agreement must be filed with the commission
How long must brokers keep real estate transactions records? - Answer✔5 (five) years
When can the Commission inspect a Broker's records? - Answer✔Between 9AM and 4PM,
Saturdays, Sundays, and legal holidays excluded.
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