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Louisiana Real Estate Study Guides

The Louisiana License Professor is Louisiana's number one provider of high quality real estate knowledge designed to help YOU pass your Louisiana real estate exam the first time. Explanations and feedback given by the Louisiana License Professor is provided by real estate license instructors and professional realtors from across the United States. Many students have already aced their Louisiana real estate exam by preparing with the Louisiana License Professor. Shouldn't you?

Contents


The Louisiana License Professor covers all of the PSI necessary fundamentals of real estate including; 1) Property Ownership, 2) Land Use Controls and Regulations, 3) Valuation and Market Analysis, 4) Financing, Laws of Agency, 5) Mandated Disclosures, 6) Contracts, Transfer of Property, 7) Practice of Real Estate, 8) Mathematics, 9)Specialty Areas, as well as, 10) state specific content.

The Louisiana License Professor Features:

  • 3 interactive study methods (Learning, Exam, and Flash Card)
  • 14 practice real estate license exams containing over 2100 questions
  • Both state and national real estate exam questions
  • Specific math and definition exams
  • Real estate specific online dictionary with hundreds of terms phrases

Louisiana (LA) state specific topics include:

  • Commission regulations
  • Licensing requirements
  • Agent responsibilities and disclosures
  • Record-keeping
  • Advertising requirements

Studying with the Louisiana License Professor will:

  • Increase your understanding of course material
  • Improve your exam comfort, familiarity, and completion speed
  • Start preparing immediately as there is no software to be delivered
  • Work from home comfortably (slippers allowed): Study wherever and whenever you desire
  • Have no need to attend expensive exam prep classes or real estate license school

The content for each Louisiana real estate exam has been extensively planned out by the Louisiana License Professor's editorial staff; professionals who teach real estate license courses all over Louisiana. Through their valuable years of instructional experience they have created a series of practice tests that help future realtors prepare for their real estate exam. Don't set up to fail. Pass the real estate exam using the excellent practice exams and informative feedback that the Louisiana License Professor's system provides.

The Louisiana License Professor covers:

  1. Introduction to the Real Estate Business
  2. Real Property and the Law
  3. Concepts of Home Ownership
  4. Agency
  5. Real Estate Brokerage
  6. Listing Agreements and Buyer Representation
  7. Interests in Real Estate
  8. Forms of Real Estate Ownership
  9. Legal Descriptions
  10. Real Estate Taxes and Other Liens
  11. Real Estate Contracts
  12. Transfer of Title
  13. Title Records
  14. Real Estate Financing: Principles
  15. Real Estate Financing: Practice
  16. Leases
  17. Property Management
  18. Real Estate Appraisal
  19. Land-Use Controls and Property Development
  20. Fair Housing and Ethical Practices
  21. Environmental Issues and Real Estate Transactions
  22. Closing the Real Estate Transaction
  23. Real Estate Math
  24. Louisiana Law and Practice
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Louisiana Real Estate License Requirements

In Louisiana, exams, licensing, and continuing education for real estate agents are governed by the Louisiana Real Estate Commission.

There are two basic real estate licenses in Louisiana, a salesperson's license and a broker's license. Generally, a salesperson's license allows the holder to sell real estate only under the auspices of a licensed broker. (Salesperson's licenses are generally what people refer to when they say they have a real estate license.)

To obtain the salesperson's license, a person must:

  • Be at least 18 years of age
  • Have obtained a high school diploma or equivalency certificate (GED)
  • Show proof of successful completion of ninety (90) hours of real estate education in courses approved by the LREC
  • Comply with all application procedures required by the LREC
  • Pass the real estate salesperson licensing examination
  • Be sponsored by a licensed real estate broker, if Active license is granted and provide proof of errors and omissions insurance prior to license issuance
Sample Salesperson Exam

To obtain the broker's license, a person must:

  • Have been actively licensed as a real estate salesperson for at least two years**
  • Have obtained a high school diploma or equivalency certificate (GED)
  • Show proof of successful completion of one hundred fifty (150) classroom hours or its equivalent in courses specified and approved by the LREC
  • Comply with all application procedures required by the LREC
  • Pass the broker licensing examination
  • Provide proof of mandatory errors and omissions insurance prior to issuance of license

**Credit toward the two years active licensed salesperson experience requirement can be accepted from another jurisdiction. The applicant must provide proof of licensure from the applicable licensing agency in the other jurisdiction.

Sample Brokers Exam

Louisiana has reciprocal agreements with:

  • Alabama
  • Arkansas
  • Colorado
  • Georgia
  • Georgia
  • Mississippi
  • New Mexico
  • North Carolina
  • Oklahoma
  • Pennsylvania
  • Tennessee

Anyone holding licenses from any of these above states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.