Louisiana License Law
A Louisiana real estate licensee who changes their employing broker must:
AWait 90 days before transferring to a new broker
BNotify the LREC and ensure their license is transferred to the new broker's supervision✓ Correct
CSurrender their license and reapply
DOperate independently until a new broker is found
Explanation
When a Louisiana licensee changes employing brokers, they must notify the LREC and have their license transferred to their new broker. Operating without an affiliated broker is not permitted for salesperson licensees.
Related Louisiana Louisiana License Law Questions
- A Louisiana real estate licensee who has been found guilty of commingling client funds may face which of the following LREC penalties?
- In Louisiana, which of the following persons is generally exempt from needing a real estate license?
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- Under Louisiana law, a real estate licensee may NOT perform which of the following activities without written permission from the employing broker?
- If a Louisiana real estate licensee is convicted of a crime involving fraud, the LREC may:
- Which of the following is a requirement to obtain a Louisiana real estate broker's license?
- The LREC has the authority to assess fines of up to how much per violation of the Louisiana Real Estate License Law?
- Louisiana requires that the Property Disclosure Document (residential) be signed by:
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