Louisiana License Law

Which of the following activities does NOT require a Louisiana real estate license?

AListing a neighbor's property for sale for a 3% fee
BManaging your own investment properties without compensation from others✓ Correct
CCollecting rent from tenants on behalf of a property owner for compensation
DNegotiating a commercial lease for a fee on behalf of a landlord

Explanation

Managing your own property (not for others, not for compensation from third parties) is exempt from licensing requirements. All other activities listed — listing property for others, collecting rents for others, or negotiating leases for compensation — require a license.

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