100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Louisiana practice exam real estate Questions and Correct Answers | Latest Update $13.49   Add to cart

Exam (elaborations)

Louisiana practice exam real estate Questions and Correct Answers | Latest Update

 0 view  0 purchase
  • Course
  • Louisiana
  • Institution
  • Louisiana

Which of the following statements is true regarding testing for real estate licensing? An application for licensing must be approved prior to an applicant taking the real estate licensing examination. An applicant for real estate licensing must pass the licensing exam prior to applying for a ...

[Show more]

Preview 4 out of 40  pages

  • September 19, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Louisiana
  • Louisiana
avatar-seller
Latestupdate
2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




Louisiana practice exam real estate Questions
and Correct Answers | Latest Update
Which of the following statements is true regarding testing for real estate licensing?




An application for licensing must be approved prior to an applicant taking the real estate

licensing examination.




An applicant for real estate licensing must pass the licensing exam prior to applying for a

license.




The real estate examination may be taken only after the broker sponsorship affidavit is

submitted to the LREC.




A real estate license will not be issued until 90 days after the examination has been passed.


✓ -:- An application for licensing must be approved prior to an applicant

taking the real estate licensing examination.




Licensees receiving written offers in cooperative transactions must annotate the offer to

indicate:


1|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




The time and date the offer was received




The interest rate




The commission split




The appraised value of the property


✓ -:- The time and date the offer was received




An olographic will is one that is:




Handwritten and signed by the testator




Prepared by an attorney or notary




Certified by the Secretary of State



2|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




Recorded at the court house


✓ -:- Handwritten and signed by the testator




Which of the following is NOT considered to be a psychological impact?




Cracked slab




AIDS




Murder




Suicide


✓ -:- cracked slab




If an applicant does not pass the licensing exam within the required time, the applicant must:




3|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain Excel!



Re-apply for the exam and receive a new exam authorization




Get permission from their sponsoring broker to take the exam at a later date




Request a refund for the licensing and exam fees paid




Wait six months before requesting a new exam authorization


✓ -:- Re-apply for the exam and receive a new exam authorization




The right of the government to regulate land use through zoning is called:




Police powers




Escheat




Zonation




4|P a g e | G r a d e A + | 2 0 2 0 2 5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Latestupdate. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72964 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart