Real Estate License Prep Louisiana
State Exam 2025/2026 Exam Questions
and Answers | A+ Score Assured
If a broker is involved in obtaining deposits in property management, the
broker must - 🧠 ANSWER ✔✔open an account titled "Security Deposit
Trust Account".
John made an offer of $80,000 on a house and included a check for $5,000
in earnest money. The seller accepted the offer. The next day, John found
a house he liked better and asked the seller to release him from the original
contract. In this case the seller may: - 🧠 ANSWER ✔✔Release John from
the contract and keep the $5,000
The donation of property while living is called - 🧠 ANSWER ✔✔donation
inter vivos
When the association of an associate broker or salesperson is terminated
with their firm for any reason, the broker must return the license to the
LREC: - 🧠 ANSWER ✔✔within 5 days
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
State Exam 2025/2026 Exam Questions
and Answers | A+ Score Assured
If a broker is involved in obtaining deposits in property management, the
broker must - 🧠 ANSWER ✔✔open an account titled "Security Deposit
Trust Account".
John made an offer of $80,000 on a house and included a check for $5,000
in earnest money. The seller accepted the offer. The next day, John found
a house he liked better and asked the seller to release him from the original
contract. In this case the seller may: - 🧠 ANSWER ✔✔Release John from
the contract and keep the $5,000
The donation of property while living is called - 🧠 ANSWER ✔✔donation
inter vivos
When the association of an associate broker or salesperson is terminated
with their firm for any reason, the broker must return the license to the
LREC: - 🧠 ANSWER ✔✔within 5 days
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
