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Donaldson LA Statutory Requirements Questions & Answers 100% Correct!!
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Which of the following must have a license to be a property manager in Louisiana? Select one: A.The manager of agricultural property B.A person working for a property manager on salary and showing units to prospective tenants C.A person managing their own property D.None of the above - ANSWERN...

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  • October 7, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • donaldson la statutory requirements questions an
  • donaldson la statutory requirements stuvia 2024
  • which of the following must have a license to be a
  • which of the following best describes agency discl

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Donaldson LA Statutory Requirements Questions
& Answers 100% Correct!!


Which of the following must have a license to be a property manager in Louisiana?

Select one:

A.The manager of agricultural property

B.A person working for a property manager on salary and showing units to prospective tenants

C.A person managing their own property

D.None of the above - ANSWERNone of the above



Which of the following best describes agency disclosure requirements? - ANSWERLicensees shall
provide the agency disclosure informational pamphlet or the agency disclosure form to all parties to
a real estate transaction involving the sale or lease of real property.



If a client signs a document, the client must be given a copy of that document - ANSWERimmediately



Which of the following is (are) true about the definition of a Seller in the license law?

Select one:

A.Seller means the transferor in real estate

B.Seller includes an owner who lists real estate for sale, whether or not a transfer results

C.Seller includes a lessor

D.All of the above are true - ANSWERAll of the above are true



Licensees shall insure that persons signing any document in a real estate transaction which pertains
to more than one party are provided with a copy of the completed document bearing the signatures
of all parties to the transaction _____________________ is affixed to the document. -
ANSWERwithin five days after the final signature



There will be no charge for transfer to a new sponsoring broker if done within __________. -
ANSWER60 days

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