Dear Louisiana Real Estate Community, While I haven’t had to look for housing for the last four years, I know that Louisiana’s real estate professionals perform an invaluable service for a critical part of our state’s economy. Real estate is a cornerstone of so many other professions, including title companies, appraisers, lenders, inspectors, movers, and […]
The Louisiana Real Estate Commission has partnered with StateReporting.com to provide continuing education management services. The services provided by StateReporting.com are completely optional and free for licensees to use.
If you do not renew your E&O policy for any reason, including inactivating or retiring your license, you may want to consider purchasing an ERP endorsement, because claims often arise years after a transaction occurred.
While policies administered vary from state to state, it is always important to understand how your coverage applies and what professional services it insures. Real estate E&O policies typically apply to claims made against an insured alleging a negligent act, error, or omission in professional services.
Regulatory bodies across the country have been playing catch up in this digital age and your LREC is no exception. However, LREC is now on the digital move with current and future mobile-friendly upgrades to help us better serve all of our stakeholders!
Have you received an audit notice? Below are some helpful tips to get you through the process.