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Exam (elaborations)

Louisiana Practice Exam Real Estate/61 Qs with Solutions/ .

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  • Real Estate
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  • Real Estate

Louisiana Practice Exam Real Estate/61 Qs with Solutions/ . Which of the following is NOT considered to be a psychological impact? Cracked slab AIDS Murder Suicide - Answer: cracked slab

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  • August 10, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Real Estate
  • Real Estate
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docmickey
Louisiana Practice Exam Real Estate/61 Qs
with Solutions/ 2024-2025.
Which of the following is NOT considered to be a psychological impact?


Cracked slab


AIDS


Murder


Suicide - Answer: cracked slab


If an applicant does not pass the licensing exam within the required time, the applicant must:


Re-apply for the exam and receive a new exam authorization




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,Get permission from their sponsoring broker to take the exam at a later date


Request a refund for the licensing and exam fees paid


Wait six months before requesting a new exam authorization - Answer: Re-apply for the exam
and receive a new exam authorization


The right of the government to regulate land use through zoning is called:


Police powers


Escheat


Zonation


Eminent domain - Answer: police powers


Associate brokers and salespersons may not be sponsored by more than:


One sponsoring broker


Two sponsoring brokers


Three sponsoring brokers


Four sponsoring brokers - Answer: one sponsering broker


Which of the following statements is true regarding testing for real estate licensing?




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, An application for licensing must be approved prior to an applicant taking the real estate
licensing examination.


An applicant for real estate licensing must pass the licensing exam prior to applying for a
license.


The real estate examination may be taken only after the broker sponsorship affidavit is
submitted to the LREC.


A real estate license will not be issued until 90 days after the examination has been passed. -
Answer: An application for licensing must be approved prior to an applicant taking the real
estate licensing examination.


Licensees receiving written offers in cooperative transactions must annotate the offer to
indicate:


The time and date the offer was received


The interest rate


The commission split


The appraised value of the property - Answer: The time and date the offer was received


An orographic will is one that is:


Handwritten and signed by the testator


Prepared by an attorney or notary


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