Agency
A Louisiana real estate agent who also has a personal financial interest in the property being sold must:
AWithdraw from the transaction
BDisclose this interest to all parties✓ Correct
CObtain LREC approval before proceeding
DHave an attorney handle the transaction
Explanation
Louisiana license law and ethics require an agent who has a personal financial interest in a transaction to disclose that interest to all parties involved.
Related Louisiana Agency Questions
- A Louisiana listing agent who tells prospective buyers that the property has new plumbing when the agent has not verified this is:
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