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Practice Of Real EstateCommissionMEDIUM

Which Louisiana rule applies when the governor appoints an LREC member?

Correct Answer

B) Each gubernatorial appointment is submitted to the Senate for confirmation

La. R.S. 37:1432 requires each LREC appointment by the governor to be submitted to the Senate for confirmation. 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
Each gubernatorial appointment is submitted to the Senate for confirmation
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.Icommissionsenate-confirmation

Related Concepts

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

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