EstatePass
Practice Of Real EstateCommissionMEDIUM

In Louisiana, additional LREC meetings are needed beyond regular scheduled meetings. Which statement is correct?

Correct Answer

A) Additional meetings may be called upon application of three members

La. R.S. 37:1433 limits regular scheduled meetings and allows additional meetings upon application of three members. 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
Additional meetings may be called upon application of three members
B
A private brokerage policy can waive the Louisiana Real Estate Commission rule.
C
The issue is controlled only by national real estate principles.
D
The parties may avoid the rule by contract after the violation occurs.

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

la.Icommission

Key Terms:

louisianala.Icommissionextra-meeting-three-members

Related Concepts

In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.

Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Was this explanation helpful?

More Practice Of Real Estate Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing