LAC46:LXVII.2501 |
Advertising Violations (Note: Fine amounts assessed to both the Licensee and the Broker.) |
$250 |
$500 |
$1,500 |
LAC46:LXVII.2701 |
Escrow and Trust Accounts; Resident Broker Requirements; improper account name. |
$150 |
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LAC46:LXVII.2708 |
Escrow and Trust Accounts; Signatory Rights on Accounts. |
$150 |
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LAC46:LXVII.2711 |
Escrow and Trust Accounts; Non-Interest-Bearing Checking Accounts. |
$150 |
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LAC46:LXVII.2901 |
Disbursement of Escrow Deposits; failure to properly disburse. |
$325 |
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LAC46:LXVII.3101 |
Reporting Change of Addresses and / or Telephone Number; failure to report. |
$150 |
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LAC46:LXVII.3501 |
Disclosure; Licensee as Principal in a Real Estate Transaction; failure to disclose. |
$150 |
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LAC46:LXVII.3905; 3907 |
Presentation of Offers and Counter Offers; Transactions; Rejection of Offers and Counter Offers; failure to annotate. |
$150 |
$300 |
$600 |
La.R.S.37:1437(C)(1)(c); (C)(4)(b) |
Failure to complete (45) hour post-licensing (PL) course; broker; licensee. |
$325 |
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La.R.S.37:1437(C)(5)(a) |
Failure to complete (12) hours of annual continuing education. |
$325 |
$575 |
$1,575 |
La.R.S.37:1442(A) |
Issuance and renewal; conducting real estate activity after credential expiration. |
$325 |
$575 |
$1,575 |
La.R.S.37:1449(A) |
Record retention; failure to provide documents to principal. |
$150 |
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La.R.S.37:1449(B) |
Record retention; failure to timely provide documents within (5) days. |
$150 |
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La.R.S.37:1449(D) |
Record retention; failure to properly maintain records for (5) years. |
$150 |
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La.R.S.37:1455(A)(9) |
Disclosure; failure to disclose dual capacity as agent and principal in a transaction. |
$325 |
$575 |
$1,575 |
La.R.S.37:1455(A)(21) |
Disclosure; failure to provide agency disclosure pamphlet or dual agency form. |
$150 |
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La.R.S.37:1455(A)(33) |
Disclosure; failure to provide property disclosure form. |
$150 |
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