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Practice Of Real EstateCommissionMEDIUM

A Louisiana salesperson asks about an LREC vacancy occurs before the term expires. What is the best answer?

Correct Answer

B) The governor fills the vacancy for the remainder of the unexpired term

La. R.S. 37:1432 provides that non-expiration vacancies are filled by gubernatorial appointment for the remainder of the unexpired term. Source basis: Louisiana Legislature official La. R.S. 37:1432, 37:1433, 37:1434, and 37:1435; LREC License Law page cross-check; checked 2026-04-30.

Answer Options
A
The parties may avoid the rule by contract after the violation occurs.
B
The governor fills the vacancy for the remainder of the unexpired term
C
A private brokerage policy can waive the Louisiana Real Estate Commission rule.
D
The issue is controlled only by national real estate principles.

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Related Topics & Key Terms

Related Topics:

la.Icommission

Key Terms:

louisianala.Icommissionvacancy-unexpired-term

Related Concepts

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