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In Louisiana, the definition of agency is tested. Which statement is correct?

Correct Answer

A) Agency is a relationship in which a broker or licensee represents a client by the client consent in an immovable property transaction

La. R.S. 9:3891 defines agency as a relationship in which a real estate broker or licensee represents a client by the client consent, express or implied, in an immovable property transaction. 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
Agency is a relationship in which a broker or licensee represents a client by the client consent in an immovable property transaction
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:

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Key Terms:

louisianala.Vagencyagency-definition
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