Agency
When a Louisiana real estate agent's brokerage closes or the agent changes brokers, pending client transactions should be:
AAutomatically cancelled without liability
BHandled in a way that protects the clients' interests — completing transactions if possible through proper transfer of brokerage or substitute representation✓ Correct
CTransferred to any available agent without client consent
DHeld pending for 30 days automatically
Explanation
When a brokerage closes or an agent changes brokers, pending client transactions must be handled to protect client interests — arranging for substitute representation or ensuring the transactions are properly transferred to maintain continuity for the client.
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