Which Louisiana rule applies when an applicant has prior license discipline grounds or previous suspension or revocation in Louisiana or another jurisdiction?
Correct Answer
B) Those grounds or prior discipline may be grounds to refuse a Louisiana license
La. R.S. 37:1437 makes grounds for suspension or revocation, or previous suspension or revocation, grounds for refusal to grant a license. Source basis: Louisiana Legislature official La. R.S. 37:1436, 37:1437, 37:1440, 37:1441, 37:1442, 37:1466, and Pearson VUE/LREC licensing requirements; checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
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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