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In Louisiana, a licensee represents a seller client or buyer client. Which statement is correct?

Correct Answer

A) The licensee must seek a transaction at the price and terms stated in the brokerage agreement or otherwise acceptable to the client

La. R.S. 9:3893 requires promoting the client best interests by seeking a transaction at the brokerage-agreement price and terms or at terms otherwise acceptable to the client. 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
The licensee must seek a transaction at the price and terms stated in the brokerage agreement or otherwise acceptable to the client
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.Vagencyclient-best-interest-price
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