Blog
-
The Louisiana Real Estate Commission (LREC) plays a pivotal role in regulating and maintaining the standards of the real estate industry in the state. One of its crucial mandates is ensuring that all licensees stay informed and up-to-date with the latest developments and best practices in the field. To fulfill this objective, LREC regularly requires […] -
The LREC annual license renewal period has officially come to an end. If you forgot or failed to renew your license or registration by the December 31 deadline, unfortunately you will need to reapply as an initial license applicant AND complete all the requirements of an initial applicant in order to participate in real estate […] -
The LREC understands that there are times when licensees need to step away from the real estate industry. Whether it’s for travel, family obligations, or maybe you’re thinking about exploring additional career opportunities… but no matter the reason, instead of allowing your license to expire, the LREC offers all licensees the ability to transfer or […] -
Louisiana Real Estate Commission today announced it is joining the U.S. Department of Labor’s Office of Disability Employment Policy in recognizing National Disability Employment Awareness Month, an annual awareness campaign that takes place each October. The purpose of National Disability Employment Awareness Month is to educate about disability employment issues and celebrate the many and […] -
The 2024 license renewal season is quickly approaching and the LREC team is ready to help guide all licensees through the renewal process! Act 193 of the 2021 Regular Legislative Session made several changes to the annual license renewal period including the introduction of timely and delinquent renewal periods. The new law (effective as of […] -
IMPORTANT NOTICE EFFECTIVE – MONDAY, JULY 3, 2023In accordance with Act 553 of the 2022 Regular Session of the Louisiana Legislature, the Louisiana Real Estate Commission (“Commission”) and the Louisiana Real Estate License Law (La. R.S. 37:1430 et seq) require that all initial license and reinstatement applicants shall complete a fingerprint-based criminal history review conducted […] -
The Louisiana Real Estate Commission (Commission) received a request for assistance from Pearson VUE, a leading provider in real estate licensure examinations. The first step in updating Pearson VUE’s real estate exams is to survey licensed real estate salespersons and brokers to collect information about tasks they perform in their work. As a real estate […] -
IMPORTANT NOTICE EFFECTIVE – MONDAY, JULY 3, 2023In accordance with Act 553 of the 2022 Regular Session of the Louisiana Legislature, the Louisiana Real Estate Commission (“Commission”) and the Louisiana Real Estate License Law (La. R.S. 37:1430 et seq) require that all initial license and reinstatement applicants shall complete a fingerprint-based criminal history review conducted by […] -
It is an honor to have been selected by my fellow members of the Louisiana Real Estate Commission as your chairman for 2023. As chairman, I look forward to continuing the LREC mission to serve and protect the public interest in real estate transactions and other real estate-related activities. At its very core, that mission […]
-
The Louisiana Real Estate Commission (Commission) seeks your feedback on revisions to the Residential Agreement to Buy or Sell and the Residential Property Disclosure forms. Your valued input will greatly assist the Standardized Forms Committee later this year and help ensure that your concerns are properly addressed. We Want to Hear from You!The comment and feedback […] -
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: When you complete your renewal during the upcoming renewal period, you are renewing for January 1, 2023 – December 31, 2023. […] -
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.