Louisiana License Law
The Louisiana Real Estate Commission is composed of members appointed by the Governor. The composition typically includes:
AOnly practicing real estate brokers
BA mix of licensed real estate practitioners (brokers and salespersons) and public members✓ Correct
COnly attorneys and certified public accountants
DOnly consumer representatives with no industry members
Explanation
The LREC is composed of members appointed by the Governor, including licensed real estate practitioners (brokers and/or salespersons) from different regions of Louisiana and public (consumer) members. This balanced composition ensures both industry expertise and public protection.
Related Louisiana Louisiana License Law Questions
- The LREC's authority to discipline a licensee begins with a(n):
- A Louisiana real estate licensee found guilty of 'misrepresentation' may be required by the LREC to:
- A Louisiana broker who operates multiple branch offices must ensure that each branch is:
- Under Louisiana License Law, a real estate broker who has knowledge that an affiliated salesperson has committed fraud must:
- Under Louisiana License Law, which of the following is a permissible activity for an unlicensed personal assistant working for a licensed broker?
- Under Louisiana License Law, a licensee must retain transaction records for a minimum of:
- In Louisiana, a broker who allows unlicensed persons to perform licensed real estate activities may face which consequence?
- The LREC's primary purpose is to:
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