Louisiana Real Estate Questions with Detailed
Verified Answers
What is the maximum length if tune after judgment within which to file a claim with
the Recovery Fund?
A. 6 months
B. 12 months
C. 2 years Ans: A. 6 months
Salesman Boots brings an offer to John Sloan on a house Sloan has listed. Sloan has
listed. Sloan positively knows of a better offer that is expected to come in later that
day. Sloan should:
A. Present Boots' offer immediately
B. wait for the better offer to arrive and present then both at the same time
C. present Boots' offer immediately but inform the principal of the other offer that is
expected later
D. None of the Above Ans: A. Present Boots' offer immediately
If a broker has his license revoked, can a salesman whose license he holds still work?
A. Yes
B. No
C. Only for a period of 180 days
, D. Only if he has listings Ans: D. Only if he has listings
school for at least:
A. 1 year
B. 2 years
C. 3 years
D. 4 years Ans: A. 1 year
If a seller is very pleased with his selling salesman and wants to pay him a bonus, he
may do this in the only legal method available, which is:
A. may not, under any circumstances, legally do this
B. pay in cash directly to salesperson
C. pay the sales person directly, after informing both brokers
D. pay the salesman's sponsoring broker, who in turn will pay the salesman Ans: D.
pay the salesman's sponsoring broker, who in turn will pay the salesman
All advertisements must state:
A. name of broker only
B. name and number of broker
C. name and numberof salesman
© Get it right 2025 Getaway - Stuvia US All rights reserved
Verified Answers
What is the maximum length if tune after judgment within which to file a claim with
the Recovery Fund?
A. 6 months
B. 12 months
C. 2 years Ans: A. 6 months
Salesman Boots brings an offer to John Sloan on a house Sloan has listed. Sloan has
listed. Sloan positively knows of a better offer that is expected to come in later that
day. Sloan should:
A. Present Boots' offer immediately
B. wait for the better offer to arrive and present then both at the same time
C. present Boots' offer immediately but inform the principal of the other offer that is
expected later
D. None of the Above Ans: A. Present Boots' offer immediately
If a broker has his license revoked, can a salesman whose license he holds still work?
A. Yes
B. No
C. Only for a period of 180 days
, D. Only if he has listings Ans: D. Only if he has listings
school for at least:
A. 1 year
B. 2 years
C. 3 years
D. 4 years Ans: A. 1 year
If a seller is very pleased with his selling salesman and wants to pay him a bonus, he
may do this in the only legal method available, which is:
A. may not, under any circumstances, legally do this
B. pay in cash directly to salesperson
C. pay the sales person directly, after informing both brokers
D. pay the salesman's sponsoring broker, who in turn will pay the salesman Ans: D.
pay the salesman's sponsoring broker, who in turn will pay the salesman
All advertisements must state:
A. name of broker only
B. name and number of broker
C. name and numberof salesman
© Get it right 2025 Getaway - Stuvia US All rights reserved
