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For the Louisiana state portion, how should a candidate analyze an agency relationship terminates, expires, or is completed?

Correct Answer

A) Unless a written agreement provides otherwise, the broker and affiliated licensees owe no further duties except to account for transaction money/property and keep confidential information confidential

La. R.S. 9:3895 sets post-termination duties to account for monies and property and keep confidential information confidential unless a written agreement provides otherwise. Source basis: Louisiana Legislature official La. R.S. 9:3891, 9:3893, 9:3894, 9:3895, 9:3896, 9:3897, 9:3898, plus La. R.S. 37:1467; checked 2026-04-30.

Answer Options
A
Unless a written agreement provides otherwise, the broker and affiliated licensees owe no further duties except to account for transaction money/property and keep confidential information confidential
B
The label used by the salesperson alone determines the agency relationship.
C
The licensee may disclose confidential information whenever it helps close the transaction.
D
A generic national agency rule replaces the Louisiana Law of Agency.

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Related Topics & Key Terms

Related Topics:

la.Vagency

Key Terms:

louisianala.Vagencytermination-duties
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