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Practice Of Real EstateLicensingMEDIUM

Which Louisiana rule applies when license classes are tested?

Correct Answer

D) Louisiana real estate licenses are classed as active and inactive

La. R.S. 37:1436 states that licenses issued by LREC are classed as active and inactive. 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.

Answer Options
A
The applicant may proceed without meeting the statutory qualification if a broker sponsors the applicant.
B
The rule applies only to corporations and never to individual licensees.
C
The requirement is optional if the applicant passes the examination.
D
Louisiana real estate licenses are classed as active and inactive

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Related Topics & Key Terms

Related Topics:

la.IIlicensing

Key Terms:

louisianala.IIlicensingactive-inactive-classes

Related Concepts

FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.

A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.

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.

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