REAL ESTATE LICENSE PREP
LOUISIANA STATE EXAM 2025
QUESTIONS AND ANSWERS
If a broker is involved in obtaining deposits in property management, the broker must -
ANS 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: - ANS Release
John from the contract and keep the $5,000
The donation of property while living is called - ANS 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: - ANS within 5 days
A salesperson advertising or marketing on a site on the Internet must include the following data
on each page of the site on which the licensee's advertisement or information appears: -
ANS The salesperson's name, city and state of broker's office, sponsoring broker's name, and
license jurisdiction.
Which of the following would be required to have a real estate license? - ANS A person
referring real estate business to licensees for a fee.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 1
LOUISIANA STATE EXAM 2025
QUESTIONS AND ANSWERS
If a broker is involved in obtaining deposits in property management, the broker must -
ANS 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: - ANS Release
John from the contract and keep the $5,000
The donation of property while living is called - ANS 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: - ANS within 5 days
A salesperson advertising or marketing on a site on the Internet must include the following data
on each page of the site on which the licensee's advertisement or information appears: -
ANS The salesperson's name, city and state of broker's office, sponsoring broker's name, and
license jurisdiction.
Which of the following would be required to have a real estate license? - ANS A person
referring real estate business to licensees for a fee.
COPYRIGHT © 2025 THESTAR ALL RIGHTS RESERVED 1
