©EVERLY 2025 ALL RIGHTS RESERVED
Louisiana Real Estate Exam Questions And
Answers Latest Updated 2025 |100%
Verified.
Which of the following is NOT a condition that could force an owner to forfeit the homestead
protection? - Answer✔The homestead is sold in a bankruptcy sale.
The perfection of a sale should include the thing being sold, the ______, and the consent of the
parties. - Answer✔Price being paid
To what court may licensees submit an appeal to reverse the Louisiana Real Estate
Commission's decision for a license law violation? - Answer✔19th Judicial District Court
On Thursday, licensee Patricia just signed her first contract on her listing? Copies of the signed
contract must be provided by when? - Answer✔Tuesday (5 days)
Rowena, the subject of an administrative law hearing, has decided to appeal her license
revocation to the 19th Judicial District Court. What's the status of her license until the appeal is
heard? - Answer✔Revoked
Callie, who's suffering from Alzheimer's disease, signs a contract to purchase Jerry's New
Orleans home. Before the deal closes, a court determines that Callie is an interdict, or someone
who doesn't possess the mental capacity to enter into contracts. Which party is permitted to
void the contract? - Answer✔Callie
1
, ©EVERLY 2025 ALL RIGHTS RESERVED
Mason is the listing agent for a seller who's completed a property disclosure form. For how long
must this form be retained? - Answer✔For at least five years
Nala and Simba purchase a home from Rafiki. The real estate purchase contract is an example
of a(n) ______ contract. - Answer✔Onerous contract
An Arkansas licensee wants to obtain a reciprocal license in Louisiana. Which of the following
statements is true? - Answer✔She must submit proof of licensure in Arkansas.
One advantage to using electronic documents and signatures is convenience. Another
advantage is that ______. - Answer✔They carry the same legal weight as hard-copy documents
or "wet" signatures
_____ is property acquired during marriage and owned equally between the two spouses. -
Answer✔Community property
Which of the following statements about net listings in Louisiana is true? - Answer✔They're
illegal in Louisiana.
Travis, who's licensed in another state, has a client who's decided on a home in Louisiana. Can
he still work with that client? - Answer✔No. Travis must apply for a reciprocal license to
practice real estate in Louisiana.
In Louisiana what sanctions can Real Estate Commission impose on licensees for license law
violations? - Answer✔Their license may be suspended or revoked, and the commission may
levy fines or civil penalties, or order continuing education requirements.
Leonard donated the family farm to his daughter when he decided to move to the city, but he
added a stipulation that he be allowed to use and stay at the hunting cabin in the woods for the
remainder of his life. This is an example of _____. - Answer✔Reservation of usufruct
2
Louisiana Real Estate Exam Questions And
Answers Latest Updated 2025 |100%
Verified.
Which of the following is NOT a condition that could force an owner to forfeit the homestead
protection? - Answer✔The homestead is sold in a bankruptcy sale.
The perfection of a sale should include the thing being sold, the ______, and the consent of the
parties. - Answer✔Price being paid
To what court may licensees submit an appeal to reverse the Louisiana Real Estate
Commission's decision for a license law violation? - Answer✔19th Judicial District Court
On Thursday, licensee Patricia just signed her first contract on her listing? Copies of the signed
contract must be provided by when? - Answer✔Tuesday (5 days)
Rowena, the subject of an administrative law hearing, has decided to appeal her license
revocation to the 19th Judicial District Court. What's the status of her license until the appeal is
heard? - Answer✔Revoked
Callie, who's suffering from Alzheimer's disease, signs a contract to purchase Jerry's New
Orleans home. Before the deal closes, a court determines that Callie is an interdict, or someone
who doesn't possess the mental capacity to enter into contracts. Which party is permitted to
void the contract? - Answer✔Callie
1
, ©EVERLY 2025 ALL RIGHTS RESERVED
Mason is the listing agent for a seller who's completed a property disclosure form. For how long
must this form be retained? - Answer✔For at least five years
Nala and Simba purchase a home from Rafiki. The real estate purchase contract is an example
of a(n) ______ contract. - Answer✔Onerous contract
An Arkansas licensee wants to obtain a reciprocal license in Louisiana. Which of the following
statements is true? - Answer✔She must submit proof of licensure in Arkansas.
One advantage to using electronic documents and signatures is convenience. Another
advantage is that ______. - Answer✔They carry the same legal weight as hard-copy documents
or "wet" signatures
_____ is property acquired during marriage and owned equally between the two spouses. -
Answer✔Community property
Which of the following statements about net listings in Louisiana is true? - Answer✔They're
illegal in Louisiana.
Travis, who's licensed in another state, has a client who's decided on a home in Louisiana. Can
he still work with that client? - Answer✔No. Travis must apply for a reciprocal license to
practice real estate in Louisiana.
In Louisiana what sanctions can Real Estate Commission impose on licensees for license law
violations? - Answer✔Their license may be suspended or revoked, and the commission may
levy fines or civil penalties, or order continuing education requirements.
Leonard donated the family farm to his daughter when he decided to move to the city, but he
added a stipulation that he be allowed to use and stay at the hunting cabin in the woods for the
remainder of his life. This is an example of _____. - Answer✔Reservation of usufruct
2
