For the Louisiana state portion, how should a candidate analyze a new broker or salesperson receives an initial license?
Correct Answer
A) The licensee must complete 45 post-license education hours within 180 days after the initial license date
La. R.S. 37:1437 requires each initial broker or salesperson to complete 45 post-license education hours within 180 days after the initial license date. 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.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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