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Practice Of Real EstateBrokerage RelationshipMEDIUM

Which Louisiana rule applies when a licensee tries to represent a broker or agency not listed on the license?

Correct Answer

B) Representing or attempting to represent a broker or agency other than the one listed on the LREC license is a disciplinary cause

La. R.S. 37:1455 lists representing or attempting to represent a real estate broker or agency other than the licensed broker or agency listed on the license as a disciplinary cause. Source basis: Louisiana Legislature official La. R.S. 37:1445, 37:1446, 37:1447, 37:1448, 37:1449, 37:1449.1, 37:1450, 37:1455, 37:1467, 37:1468, 37:1469, and 37:1470; checked 2026-04-30.

Answer Options
A
The rule applies only to commercial transactions.
B
Representing or attempting to represent a broker or agency other than the one listed on the LREC license is a disciplinary cause
C
The conduct is acceptable if the transaction later closes successfully.
D
Only a written brokerage policy controls this situation.

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Related Topics & Key Terms

Related Topics:

la.IIIbrokerage-relationship

Key Terms:

louisianala.IIIbrokerage-relationshipwrong-broker-representation

Related Concepts

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

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.

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