Louisiana Real Estate Exam Questions and Correct Answers | Latest Update
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Course
Louisiana
Institution
Louisiana
The Commission is comprised of how many members?
-:- 11
Commission members are appointed by who?
-:- The governor
Each appointment to the Commission shall be for a __ year term. No commissioner may
serve more than that.
-:- 6
The Commission must meet ______.
-:- quarterly
A minimum of...
A ______, ______, or __________ is a business entity, which has been issued a license by
the State to function as a broker.
✓ -:- Corporate, partnership, or limited liability company broker
Furthermore, upon dissolution of or termination by the corporation or partnership, the
broker must return the licenses of every associate broker and salesperson sponsored by the
corporation or partnership within ___ days of the dissolution or termination.
✓ -:- 10
To be eligible to apply for a broker's license, the applicant must hold an active salesperson
license for a minimum of __ years prior to application.
✓ -:- 4
Before applying for a broker's license, anyone accruing time prior to January 1, 2009, shall
have to serve as a salesperson for only __ years.
✓ -:- 2
Before applying for a broker's license, the applicant must show evidence of completion of
___ hours of current educational instruction in real estate courses approved by the real
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