Louisiana - Real Estate
Salesperson/Broker Exam Practice
Questions With Correct Answers
(Verified Answers) Plus Rationales 2026
Q&A | Instant Download Pdf.
1. Which statement best describes Louisiana’s approach to real estate
law compared to common law states?
A. It follows English common law exclusively
B. It is based entirely on federal statutes
C. It is derived from civil law traditions influenced by the Napoleonic
Code
D. It has no statutory real estate regulations
Correct Answer: C
Rationale: Louisiana is unique among U.S. states because its legal
system is based on civil law traditions, primarily influenced by the
Napoleonic Code and Spanish law, rather than English common law.
This affects property, contract interpretation, and ownership principles.
2. In Louisiana, which document is primarily used to transfer
ownership of immovable property?
A. Bill of sale
B. Warranty deed
,C. Act of sale
D. Quitclaim deed
Correct Answer: C
Rationale: Louisiana uses an “act of sale” to transfer immovable
property. While warranty and quitclaim deeds are common in common
law states, Louisiana’s civil law system uses its own terminology and
formalities.
3. What is required for a valid real estate listing agreement in
Louisiana?
A. Oral agreement is sufficient if witnesses are present
B. Must be in writing and signed by the broker and seller
C. Must be recorded with the parish clerk
D. Must be notarized but can be verbal
Correct Answer: B
Rationale: Listing agreements must be in writing and signed to be
enforceable under Louisiana real estate law. Oral agreements are not
sufficient for brokerage contracts.
4. Which Louisiana agency enforces real estate licensing laws?
A. Louisiana Department of Revenue
B. Louisiana Real Estate Commission (LREC)
C. Parish Recorder’s Office
D. Federal Housing Administration
,Correct Answer: B
Rationale: The Louisiana Real Estate Commission (LREC) regulates
licensing, education, and enforcement of real estate law in the state.
5. A salesperson in Louisiana must complete post-licensing education
within how long after licensure?
A. 6 months
B. 12 months
C. 18 months
D. 24 months
Correct Answer: C
Rationale: Louisiana requires post-licensing education within 18 months
of initial licensure to maintain active status and ensure competency
development.
6. Which of the following best defines “immovable property” in
Louisiana law?
A. Only land and buildings permanently attached
B. Any movable personal property
C. Stocks and financial instruments
D. Temporary structures only
Correct Answer: A
Rationale: Immovable property includes land and anything permanently
attached to it, such as buildings and fixtures, under Louisiana civil law
classification.
, 7. What is the primary purpose of the Louisiana Civil Code in real
estate matters?
A. To regulate federal housing programs
B. To define private property rights and obligations
C. To establish mortgage interest rates
D. To control real estate advertising nationally
Correct Answer: B
Rationale: The Louisiana Civil Code governs private law, including
property ownership, contracts, obligations, and real estate transactions.
8. Which of the following is NOT a fiduciary duty owed by a Louisiana
real estate agent?
A. Loyalty
B. Confidentiality
C. Obedience
D. Profit maximization for the agent
Correct Answer: D
Rationale: Agents owe fiduciary duties such as loyalty, confidentiality,
obedience, disclosure, accounting, and reasonable care—not self-profit
maximization.
9. In Louisiana, dual agency is best described as:
A. Representing two buyers in the same transaction
B. Representing both buyer and seller with informed consent
C. Acting as a transaction broker without disclosure
D. Representing only the lender and seller
Salesperson/Broker Exam Practice
Questions With Correct Answers
(Verified Answers) Plus Rationales 2026
Q&A | Instant Download Pdf.
1. Which statement best describes Louisiana’s approach to real estate
law compared to common law states?
A. It follows English common law exclusively
B. It is based entirely on federal statutes
C. It is derived from civil law traditions influenced by the Napoleonic
Code
D. It has no statutory real estate regulations
Correct Answer: C
Rationale: Louisiana is unique among U.S. states because its legal
system is based on civil law traditions, primarily influenced by the
Napoleonic Code and Spanish law, rather than English common law.
This affects property, contract interpretation, and ownership principles.
2. In Louisiana, which document is primarily used to transfer
ownership of immovable property?
A. Bill of sale
B. Warranty deed
,C. Act of sale
D. Quitclaim deed
Correct Answer: C
Rationale: Louisiana uses an “act of sale” to transfer immovable
property. While warranty and quitclaim deeds are common in common
law states, Louisiana’s civil law system uses its own terminology and
formalities.
3. What is required for a valid real estate listing agreement in
Louisiana?
A. Oral agreement is sufficient if witnesses are present
B. Must be in writing and signed by the broker and seller
C. Must be recorded with the parish clerk
D. Must be notarized but can be verbal
Correct Answer: B
Rationale: Listing agreements must be in writing and signed to be
enforceable under Louisiana real estate law. Oral agreements are not
sufficient for brokerage contracts.
4. Which Louisiana agency enforces real estate licensing laws?
A. Louisiana Department of Revenue
B. Louisiana Real Estate Commission (LREC)
C. Parish Recorder’s Office
D. Federal Housing Administration
,Correct Answer: B
Rationale: The Louisiana Real Estate Commission (LREC) regulates
licensing, education, and enforcement of real estate law in the state.
5. A salesperson in Louisiana must complete post-licensing education
within how long after licensure?
A. 6 months
B. 12 months
C. 18 months
D. 24 months
Correct Answer: C
Rationale: Louisiana requires post-licensing education within 18 months
of initial licensure to maintain active status and ensure competency
development.
6. Which of the following best defines “immovable property” in
Louisiana law?
A. Only land and buildings permanently attached
B. Any movable personal property
C. Stocks and financial instruments
D. Temporary structures only
Correct Answer: A
Rationale: Immovable property includes land and anything permanently
attached to it, such as buildings and fixtures, under Louisiana civil law
classification.
, 7. What is the primary purpose of the Louisiana Civil Code in real
estate matters?
A. To regulate federal housing programs
B. To define private property rights and obligations
C. To establish mortgage interest rates
D. To control real estate advertising nationally
Correct Answer: B
Rationale: The Louisiana Civil Code governs private law, including
property ownership, contracts, obligations, and real estate transactions.
8. Which of the following is NOT a fiduciary duty owed by a Louisiana
real estate agent?
A. Loyalty
B. Confidentiality
C. Obedience
D. Profit maximization for the agent
Correct Answer: D
Rationale: Agents owe fiduciary duties such as loyalty, confidentiality,
obedience, disclosure, accounting, and reasonable care—not self-profit
maximization.
9. In Louisiana, dual agency is best described as:
A. Representing two buyers in the same transaction
B. Representing both buyer and seller with informed consent
C. Acting as a transaction broker without disclosure
D. Representing only the lender and seller
