Louisiana License Law
Under Louisiana License Law, a real estate licensee who is also a mortgage broker must ensure there is NO improper conflict by:
AAlways referring clients only to their own mortgage company
BDisclosing the dual role fully and ensuring clients freely choose services without coercion or undisclosed financial benefits from the referral✓ Correct
CKeeping the two businesses completely separate without any disclosure
DCharging clients only for real estate services
Explanation
When a licensee serves in multiple capacities (real estate and mortgage), full disclosure of both roles and any compensation received is required. RESPA's affiliated business arrangement requirements must be followed, and clients must not be coerced into using affiliated services.
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