Louisiana License Law
Under Louisiana License Law, the term 'associate broker' refers to a licensee who:
AHas passed the broker's exam and works under the supervision of a principal broker✓ Correct
BIs a salesperson who has worked for more than 5 years
COwns a partial interest in a brokerage
DIs licensed in another state but works in Louisiana
Explanation
An associate broker in Louisiana is a licensee who has met the requirements for and passed the broker's examination but chooses to work under the supervision of a principal (qualifying) broker rather than operating an independent brokerage.
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