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The CE Shop State Exam Practice Questions and Answers
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The CE Shop State Exam Practice Questions and Answers
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The CE Shop State Exam PracticeQuestions and Answers
In Louisiana, _____ means that possession of part of an immovable by title equals
possession of the entire immovable. - Answer -Constructive possession
Which type of Louisiana deed contains the most promises to ensure the buyer is getting
what was guaranteed? - Answer -Warranty deed
Which of the following is FALSE about general partnerships in Louisiana? - Answer -
They own immovables via co-ownership.
What are suit for specific performance, suit for damages, and acceptance of liquidated
damages? - Answer -Options a wronged party has to remedy a breach of contract
In Louisiana, a legal relationship in which the obligor becomes bound to perform in the
obligee's favor is known as ______. - Answer -An obligation
Aside from your name, your broker's name, and the city and state where your brokerage
is located, what else must be included on every page of your website according to
Louisiana license law guidelines? - Answer -The regulatory jurisdiction in which your
brokerage is licensed
Is dual agency legal in Louisiana? - Answer -Yes, with written consent
Which of the following statements best describes an involuntary privilege? - Answer -A
privilege created without a property owner's consent
Which of the following Louisiana contracts is an example of an accessory contract? -
Answer -A mortgage
In an addendum to the purchase and sale contract, the seller agrees to paint the house
before conveying the house to the buyer. The weather changes, and the seller is unable
to finish painting the house before closing. Of what is this an example? - Answer -Partial
performance
Jade purchases a house in Louisiana and puts down a deposit of $5,000. Is this an
earnest money contract? - Answer -If the deposit is earmarked as "earnest money" in
the contract, then it's an earnest money contract. Otherwise, it isn't.
, Shannon just helped Linda sell her property. When the agency relationship between
Shannon and Linda terminates, can Shannon disclose confidential information that
Shannon learned while Linda was her client? - Answer -No, because an agent's duty of
confidentiality never ends.
If a Louisiana seller is in breach of contract under an earnest money contract in which
the buyer put down $5,000 in earnest money, which of the following is the possible
remedy for the buyer? - Answer -The buyer can have the $5,000 earnest money
returned, and receive $5,000 from the seller.
In a real estate transaction, which of the following is established when the parties enter
into an agreement voluntarily with a full understanding of the contract terms? - Answer -
Consent
Full authority to use, enjoy, and dispose of a thing is the right of _____. - Answer -
Ownership
Daniel had a great experience with his apartment and landlord until about three months
ago, when the plumbing in the unit above started leaking into his apartment. The
landlord keeps saying he'll fix it but hasn't, and now Daniel has mold growing on two
walls. Daniel is moving out before his lease has expired. What does this scenario
describe? - Answer -Constructive eviction
Which of the following statements is true for sub-contractors in Louisiana? - Answer -
Their deadline for filing a mechanic's privilege varies based on whether a notice of
contract was filed.
Louise has stayed in her rented apartment six weeks beyond the end of her lease,
which was month to month. Her landlord, Paul, has not made any objections. Which of
the following actions can Paul legally take? - Answer -Ask her to leave after providing
her with seven days' notice.
In what situation does homestead debt protection cover the entire value of the
homestead? - Answer -Debts from a catastrophe, injury, or terminal illness
Which deed warranty assures that there are no other claims or liens against the title,
other than those in the public record or the deed itself? - Answer -Undeclared, non-
apparent servitudes
______ means that your client is saying, "You acted as my agent without authority; now,
here's your authority." - Answer -Ratification
Eileen entered into a contract to buy Peter's home. The contract specified that Peter
must leave the refrigerator with the home, and he must replace the roof before closing.
During the pre-closing walk-through, Eileen confirmed the house had a nice new roof,
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