Blog
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The LREC/LREAB is closely monitoring the COVID-19 virus situation. This page will be continually updated with new information as decisions are made. June 5, 2020 Office reopening: The LREC/LREAB offices are now open to the public. We are operating with a rotating skeleton staff, which may result in longer processing times. If you do not […] -
At its June 20, 2019 meeting, the Louisiana Real Estate Commission approved a motion regarding the use of federal proprietary purchase agreements/contracts in place of the mandatory purchase agreement prescribed by the LREC. See below for the text of the adopted motion: LREC will not censure, suspend, fine, or impose civil penalties or continuing education […] -
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. -
You can use the Individual Licensee Search and Brokerage Firm/Company Search tools on lrec.gov to check the current status of licenses. Each search result will include information on the current status of the license. -
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.