Agency
A Louisiana real estate licensee must disclose their agency relationship to both parties by the time they:
ASign a listing agreement
BFirst substantively discuss a specific property with a potential buyer or seller✓ Correct
CSubmit an offer on behalf of a client
DReceive any compensation from either party
Explanation
Louisiana law requires disclosure of the agency relationship at the first substantive discussion about a specific property — ensuring consumers understand who the licensee represents before sharing information.
Related Louisiana Agency Questions
- When a Louisiana seller's agent learns the buyer is being transferred and must close within 30 days, this information:
- In Louisiana, a 'mandatary' in the context of real estate agency is best described as:
- A Louisiana listing agent who tells prospective buyers that the property has new plumbing when the agent has not verified this is:
- A Louisiana real estate agent who provides false information on a listing about the property's square footage is engaged in:
- A Louisiana licensee acting as a dual agent represents:
- A subagent in real estate is an agent who:
- A buyer's representation agreement in Louisiana creates:
- An agent who discovers that their seller-client made a material misrepresentation in the listing should:
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →