La. Admin. Code tit. 46 § LXVII-5313

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

Section LXVII-5313 - Facilities and Inspections

A. Real estate schools shall provide adequate space, seating, equipment, and instructional material to accommodate the number of enrolled students.

B. The commission may inspect any facility used by a real estate school at any time during regular business hours.

C. Real estate schools shall be subject to periodic audits and review, as determined by the commission, to ensure that courses are conducted in accordance with the provisions set forth in this Chapter and R.S. 37:1460. This may include the observation and evaluation of classroom activities, course content, instructor proficiency, and/or the audit of reporting/attendance records.

D. If the real estate school is found deficient in any part of this Section, the commission shall prepare a report specifying the areas of deficiency.

E. Any real estate school that receives a report of deficiencies shall correct the deficiencies by the date designated by the commission and shall submit a report to the commission that outlines the corrective action.

F. Failure to respond to a report of deficiencies, in accordance with the deadline designated by the commission, may result in payment of a fine or the suspension or revocation of the certificate of authority for any school found to be in violation of this requirement

La. Admin. Code tit. 46, § LXVII-5313

Promulgated by the Office of the Governor, Real Estate Commission, LR 37:3015 (October 2011).

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