Blog
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Effective April 1, 2022, Act 193 of the 2021 Regular Legislative Session became law. Accordingly, the license renewal period is changing, beginning this year. The new renewal period for 2023 licenses is as follows: Timely Renewal Period: August 1, 2022 – September 30, 2022 First Delinquent Renewal Period: October 1, 2022 – November 15, 2022($50 […] -
The LREC/LREAB is closely monitoring the COVID-19 virus situation. This page will be continually updated with new information as decisions are made. April 12, 2021 The LREC/LREAB offices will be fully staffed beginning Monday, April 12. If you do not need to speak with a staff member about your paperwork, we ask that you limit […] -
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. -
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.