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Practice Of Real EstateLicensingMEDIUM

A Louisiana salesperson asks about a person or entity applies to conduct real estate activity. What is the best answer?

Correct Answer

D) The application must include the applicant name, address, intended business name, and place or places where business will be conducted

La. R.S. 37:1437 requires the application to set forth the applicant name/address, intended business name, and business locations. Source basis: Louisiana Legislature official La. R.S. 37:1436, 37:1437, 37:1440, 37:1441, 37:1442, 37:1466, and Pearson VUE/LREC licensing requirements; checked 2026-04-30.

Answer Options
A
The applicant may proceed without meeting the statutory qualification if a broker sponsors the applicant.
B
The rule applies only to corporations and never to individual licensees.
C
The requirement is optional if the applicant passes the examination.
D
The application must include the applicant name, address, intended business name, and place or places where business will be conducted

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Related Topics & Key Terms

Related Topics:

la.IIlicensing

Key Terms:

louisianala.IIlicensingapplication-business-name-place

Related Concepts

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

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