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Practice Of Real EstateCommissionMEDIUM

Which Louisiana rule applies when LREC acts on license issuance?

Correct Answer

B) The Commission has authority to regulate issuance of real estate licenses, registrations, and certificates

La. R.S. 37:1435 gives LREC authority to regulate issuance of licenses, registrations, and certificates. Source basis: Louisiana Legislature official La. R.S. 37:1432, 37:1433, 37:1434, and 37:1435; LREC License Law page cross-check; checked 2026-04-30.

Answer Options
A
The parties may avoid the rule by contract after the violation occurs.
B
The Commission has authority to regulate issuance of real estate licenses, registrations, and certificates
C
A private brokerage policy can waive the Louisiana Real Estate Commission rule.
D
The issue is controlled only by national real estate principles.

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Related Topics & Key Terms

Related Topics:

la.Icommission

Key Terms:

louisianala.Icommissionregulate-licenses

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