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Practice Of Real EstateListingsMEDIUM

A Louisiana licensee encounters a licensee advertises or offers property terms. What should the licensee remember?

Correct Answer

D) The licensee must use terms authorized by the owner or authorized agent

La. R.S. 37:1455 lists offering real estate for sale or lease on terms other than those authorized by the owner or authorized agent as a disciplinary cause. Source basis: Louisiana Legislature official La. R.S. 37:1445, 37:1446, 37:1447, 37:1448, 37:1449, 37:1449.1, 37:1450, 37:1455, 37:1467, 37:1468, 37:1469, and 37:1470; checked 2026-04-30.

Answer Options
A
The conduct is acceptable if the transaction later closes successfully.
B
Only a written brokerage policy controls this situation.
C
The rule applies only to commercial transactions.
D
The licensee must use terms authorized by the owner or authorized agent

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Related Topics & Key Terms

Related Topics:

la.IIIlistings

Key Terms:

louisianala.IIIlistingsowner-authorized-terms

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