Louisiana License Law
Under Louisiana law, which of the following activities requires a real estate license?
AAn owner selling their own home
BAn attorney handling a real estate transaction as part of their legal practice
CA person negotiating leases for compensation on behalf of another✓ Correct
DA trustee selling trust property under a court order
Explanation
Negotiating leases for compensation on behalf of another constitutes a licensed activity in Louisiana. Exemptions under RS 37:1431 include owners selling their own property, licensed attorneys acting in that capacity, and court-appointed trustees or receivers.
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