50-State Real Estate Broker Licensing Compliance Guide
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Louisiana Real Estate License

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Licensing requirements for Louisiana brokerage firms.

A business entity offering real estate brokerage services to the public typically must register with the real estate commission before conducting business activity. For assistance with licensing, please contact us to learn about our software and managed license services.

Company Licenses

Louisiana Real Estate Company Licenses

Louisiana Branch Office License

Law:

Chapter 23 of the LREC Rules and Regulations

Eligible Entity Types:
  • Corporations
  • Limited Liability Companies
  • General Partnerships 
Foreign Qualification is Prerequisite:Yes
Insurance Requirements:
  • Turn in proof or payment of your Errors and Omissions Insurance coverage. Company licenses are separate from individual broker licenses and require separate E&O Insurance. 
    • You can purchase your E&O Insurance through the LREC group policy by remitting payment in the appropriate amount based on the pro-rated premium chart.
    • You can also choose to purchase your E&O from a source other than the LREC group policy. If you choose this option, you will need to complete and turn in an Independent Errors and Omissions Insurance form. You will also need to furnish a declarations page from your insurer.
Registered Agent (Special Agency) Required?No
Qualifying Individual Requirements:
  • Every branch office shall be under the direct supervision of a licensed individual broker who shall be designated in writing as the branch office manager.
  • A copy of the designation shall be submitted to the commission within five days following the date of the original designation or any changes thereto. Nothing shall preclude a supervising broker from acting as the branch office manager for one or more branch offices.
  • A broker designated as a branch office manager shall be subject to the duties and penalties prescribed for supervising brokers in R.S. 37:1430 et seq.; however, this shall not relieve the supervising broker of the ultimate responsibility for the branch office operation.

Initial Registration

Form:

Branch Office Registration Application

Filing Method:

Mail

Agency Fee:

$45

Registration Renewal

Filing Method:

Online

Agency Fee:

$45

Due:

Annually by September 30. 

Louisiana Real Estate Broker Company License

More Information:

https://lrec.gov/become-licensed/broker-company/

Agency:Louisiana Real Estate Commission
Eligible Entity Types:
  • Corporations
  • Limited Liability Companies 
  • General Partnerships 
Foreign Qualification is Prerequisite:Yes
Ownership Requirements:

If you intend to do business under any name other than the legal registered name of the company, you must register the name you wish to use as a Trade Name with the Secretary of State’s Office. Example: ABC Real Estate, LLC doing business as ABC Real Estate must register ABC Real Estate as a Trade Name.

Insurance Requirements:
  • Turn in proof or payment of your Errors and Omissions Insurance coverage. Company licenses are separate from individual broker licenses and require separate E&O Insurance. 
    • You can purchase your E&O Insurance through the LREC group policy by remitting payment in the appropriate amount based on the pro-rated premium chart.
    • You can also choose to purchase your E&O from a source other than the LREC group policy. If you choose this option, you will need to complete and turn in an Independent Errors and Omissions Insurance form. You will also need to furnish a declarations page from your insurer
Notes:

Obtaining a company license is not mandated by the LREC.

Qualifying Individual Requirements:

The Designated Qualifying Broker is the real estate licensee authorized to apply for a Louisiana Real Estate Broker License on behalf of and in the name of the herein named Corporation, Partnership, or Limited Liability Company. The Designated Qualifying Broker shall be the licensee’s representative in all matters relating to its real estate license activities in Louisiana and in all matters before the Louisiana Real Estate Commission.

Initial Registration

Form:

Broker License Application for Corporation/Partnership/Limited Liability Company

Instructions:
  1. Register your company with the Louisiana Secretary of State’s Office.
    1. If you intend to do business under any name other than the legal registered name of the company, you must register the name you wish to use as a Trade Name with the Secretary of State’s Office. Example: ABC Real Estate, LLC doing business as ABC Real Estate must register ABC Real Estate as a Trade Name.
  2. You must complete the Broker License Application for Corporation/Partnership/Limited
    Liability Company form.
    1. Page 2 of this form requires that you attach a copy of your Secretary of State registration certificate and a corporate resolution. View a sample corporate resolution.
  3. Turn in proof or payment of your Errors and Omissions Insurance coverage. Company licenses are separate from individual broker licenses and require separate E&O Insurance. 
Filing Method:

Mail 

Agency Fee:

$120 intial license fee +$10 recovery fund fee + $25 application processing fee = $155. 

Before you Apply:

The name used by a Corporation, Partnership, or Limited Liability Company must be registered with the Secretary of State, and a copy of said registration must be submitted with this application.

Registration Renewal

Form:

Look up your firm name to print renew applications.

Due:

Timely Renewal Period: August 1, 2022 – September 30, 2022.

First Delinquent Renewal Period: October 1, 2022 – November 15, 2022 ($50 delinquent fee for active and inactive licensees).

Second Delinquent Renewal Period: November 16, 2022 – December 31, 2022 ($50 delinquent fee for inactive licensees; $200 delinquent fee for active licensees)

Individual Licenses

Louisiana Individual Real Estate Licenses

Louisiana Real Estate Broker License

Agency:Louisiana Real Estate Commission

Initial Registration

Form:

Broker License Application

Agency Fee:

$165

Registration Renewal

Filing Method:

Online

Due:

Annually by December 31.

Louisiana Real Estate Salesperson License

Agency:Louisiana Real Estate Commission

Registration Renewal

Filing Method:

Online

Due:

Annually by December 31.

Learn about real estate licensing in other states:

Associate Broker - Associate brokers are qualified to work independently as a broker, but choose to work under the authority of a designated broker.

On-Site Manager - A broker or salesperson who oversees the operations of a branch office under the authority of the designated broker.

Qualifying Broker/Designated Broker - An experienced and licensed real estate broker responsible for management and operation of a real estate firm.

Real Estate - Land, buildings, and their permanent improvements and fixtures. Also called "real property" in contrast to personal property.

Real Estate Agent - This term refers generally to any licensed real estate professional.

Reciprocity - Reciprocity makes it easier for out-of-state real estate firms to gain approval to operate in a foreign state by streamlining some licensing requirements.

Association of Real Estate License Law Officials (ARELLO)
Offers a license verification database accross 43 jurisdictions.

NAIOP Commercial Real Estate Development Association Agencies
Aid education, research, and advocacy efforts in the real estate industry.

National Association of Realtors
Real estate trade organization that provides information and resources for development of the real estate industry.

Urban Land Institute
Research and education association concerned with responsible land use and creating sustainable communities.

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