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Practice Of Real EstateLicense_lawEASY

Marcus is a newly licensed real estate salesperson in Louisiana. He wants to begin practicing immediately after receiving his license. Under Louisiana license law, what must Marcus do before he can legally engage in real estate activities?

Correct Answer

A) Activate his license under a licensed Louisiana real estate broker

Under Louisiana license law (La. R.S. 37:1430 et seq.), a salesperson may not independently practice real estate. The salesperson's license must be held by and activated under a licensed Louisiana real estate broker before the salesperson can legally engage in any real estate activities on behalf of clients.

Answer Options
A
Activate his license under a licensed Louisiana real estate broker
B
Obtain a separate parish-level permit from the local assessor's office
C
Complete an additional 30-hour post-licensing course within 60 days of licensure
D
Register his license with the Louisiana Secretary of State and pay a business registration fee

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Related Topics & Key Terms

Key Terms:

salespersonbroker_affiliationlicense_activationlicense_requirements

Related Concepts

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

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