La. Admin. Code tit. 46 § LXVII-5331

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

Section LXVII-5331 - Pre-license Education Courses Offered by Real Estate Schools

A. Salesperson pre-license education courses offered by real estate schools shall be structured in the following manner:

1. Real Estate 101-salesperson 90-hour course that shall include:

a. real estate principles and practices;

b. Louisiana real estate license law;

c. commission rules and regulations;

d. law of agency, as contained in Title 9 of the Louisiana Revised Statutes;

e. civil law, as it pertains to real estate transactions.

B. Broker pre-license education courses offered by real estate schools shall be structured in the following manner:

1. Real Estate 201-90-hour course on basic real estate fundamentals;

2. Real Estate 202-30-hour course that shall include, and be limited to, the following topics:

a. Louisiana real estate license law;

b. commission rules and regulations;

c. law of agency, as contained in Title 9 of the Louisiana Revised Statutes;

d. civil law, as it pertains to real estate transactions;

e. ethics and professionalism;

3. Real Estate 203-mandatory 30-hour course on broker responsibilities.

C. It shall be the responsibility of the real estate school to amend each course as necessary to provide for any applicable law or rule change that is enacted during the course approval period. A fee shall not be required when a real estate course is amended to accommodate law or rule changes.

D. In addition to pre-licensing courses, any state certified real estate school may offer post-license and continuing education courses provided that the school applies for and receives approved continuing education vendor status. No additional initial or renewal fees will be required of the school; however, filing fees for each additional course approval request will be required as provided in R.S. 37:1443. A separate Louisiana Real Estate Commission vendor number will be assigned to the school upon compliance with post-license and/or continuing education vendor requirements.

E. Real estate schools shall not issue pre-license education credit for attendance at post license education courses or continuing education courses.

F. Real estate schools shall not incorporate post-license education with pre-license education instruction.

G. Real estate schools shall not incorporate continuing education with pre-license education instruction.

La. Admin. Code tit. 46, § LXVII-5331

Promulgated by the Office of the Governor, Real Estate Commission, LR 37:3017 (October 2011).

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