La. Admin. Code tit. 46 § LXVII-1503

Current through Register Vol. 50, No. 12, December 20, 2024

Section LXVII-1503 - Fee Exemptions

A. A request for license transfer that is submitted within 60 days of any of the following circumstances shall be exempt from the transfer fee or delinquent renewal fee prescribed in R.S. 37:1443:

1. the sponsoring broker has died;

2. the sponsoring broker has failed to renew his license;

3. the license of the sponsoring broker has been suspended or revoked;

4. the license of the sponsoring broker has been transferred to the inactive status;

5. the sponsoring broker elects to discontinue the sponsorship of a licensee.

La. Admin. Code tit. 46, § LXVII-1503

Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:40 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1448 (August 2006), repromulgated LR 37:3001 (October 2011).

AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.