Louisiana Agency Relationships and Disclosure
Louisiana law defines how licensees represent buyers and sellers and requires early disclosure of the agency relationship. This chapter covers the Agency Disclosure Informational Pamphlet, agency duties, and Louisiana's use of designated agency.
Agency Disclosure Informational Pamphlet
Louisiana requires licensees to provide the Agency Disclosure Informational Pamphlet and disclose the agency relationship at first contact concerning a specific property, before confidential information is shared. This helps consumers understand whether the licensee represents the seller, the buyer, or is acting in another capacity.
Agency Duties
A licensee representing a client owes duties including loyalty, confidentiality, disclosure of material facts, accounting, and reasonable skill and care. Louisiana licensees must also deal honestly with all parties to a transaction, including those they do not represent, and disclose known material defects as required by law.
Designated Agency
Louisiana permits designated agency, in which a broker whose firm represents both the buyer and the seller may appoint different affiliated licensees to represent each client separately. This allows each client to retain an advocate within the same firm, subject to disclosure and the parties' consent, rather than treating the situation as undivided dual agency.
State-specific details
State exam facts
- State regulator
- Louisiana Real Estate Commission (LREC)
- Exam vendor
- PSI
- Prelicensing education
- 90 hours of approved salesperson pre-license education
How many prelicensing hours does Louisiana require to become a real estate agent?
Louisiana requires a 90-hour salesperson pre-license course approved by the Louisiana Real Estate Commission before you sit for the state exam.
Who licenses real estate agents in Louisiana?
The Louisiana Real Estate Commission (LREC) licenses salespersons and brokers. LREC uses PSI to deliver the exam.
How is the Louisiana salesperson exam structured?
The Louisiana salesperson exam is delivered by PSI with a national portion and a Louisiana state portion, scored separately; you must pass both. Confirm the current scored-question counts in the PSI Candidate Information Bulletin.
Sources: https://lrec.gov/licensing/, https://www.psiexams.com/
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