Louisiana Revised Statutes 37:1443 – The commission may charge:
Terms Used In Louisiana Revised Statutes 37:1443
- Commission: means the Louisiana Real Estate Commission. See Louisiana Revised Statutes 37:1431
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Real estate: shall mean and include condominiums and leaseholds, as well as any other interest in land, with the exceptions of oil, gas and other minerals and whether the real estate is situated in this state or elsewhere. See Louisiana Revised Statutes 37:1431
- real estate broker: means a licensed real estate broker performing activities as an individual real estate broker, a sponsoring broker or designated qualifying broker, or a corporation, partnership, or limited liability company which has been granted a real estate license through a designated qualifying broker. See Louisiana Revised Statutes 37:1431
- Real estate salesperson: means a person, other than an associate broker, sponsored by a licensed real estate broker to participate in any activity described in this Section. See Louisiana Revised Statutes 37:1431
- Timeshare developer: means an individual, partnership, limited liability company, corporation, or other legal entity, or the successor or assignee thereof, who creates a timeshare plan or who is in the business of making sales of timeshare interests which it owns or purports to own. See Louisiana Revised Statutes 37:1431
- Timeshare interest salesperson: means a person who directly sells or offers to sell any timeshare interest. See Louisiana Revised Statutes 37:1431
The commission may charge:
(1) Initial fees for licensing or certification:
(a) Individual real estate broker‘s license $120.00
(b) Corporate, partnership, or limited liability
company real estate broker’s license $120.00
(c) Branch office license $ 45.00
(d) Real estate salesperson‘s license $ 45.00
(e) School certification $650.00
(f) Instructor application/certification $ 35.00
(g) Instructor certification re-examination $ 35.00
(h) Continuing education vendor $300.00
(2) Renewal fees for licensing or certification:
(a) Real estate active broker’s license $ 70.00
(b) Real estate inactive broker’s license $ 35.00
(c) Branch office license $ 45.00
(d) Real estate active salesperson’s license $ 35.00
(e) Real estate inactive salesperson’s license $ 35.00
(f) School certification $300.00
(g) Instructor certification $ 35.00
(h) Continuing education vendor $150.00
(3) Fees for timeshare registration:
(a) Initial public offering statement filing fee $500.00
(b) Additional public offering statement filing fee $250.00
(c) Initial timeshare developer registration $120.00
(d) Timeshare developer renewal fee $ 70.00
(e) Initial timeshare interest salesperson fee $ 45.00
(f) Timeshare interest salesperson renewal fee $ 35.00
(g) Repealed by Acts 2016, No. 533, §2.
(4) Delinquent fees, in addition to the renewal fee, if not renewed by September thirtieth of the applicable license or registration period:
(a) October 1 – November 15 Active and Inactive Licensees $ 50.00
(b) November 16 – December 31 Active Licensees $200.00
(c) November 16 – December 31 Inactive Licensees $ 50.00
(d) October 1 – December 31 Real estate schools, vendors,
and pre-license instructors $ 50.00
(5) Transfer fees:
(a) Active status to inactive status $ 45.00
(b) Inactive status to active status $ 45.00
(c) All other transfers $ 35.00
(6) Processing fee $ 25.00
(7) License verification $ 25.00
(8) Continuing education course registration $ 15.00
Acts 1978, No. 514, §1; Amended by Acts 1981, No. 309, §1; Acts 1983, No. 552, §2; Acts 1985, No. 999, §2; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1995, No. 1207, §1; Acts 1997, No. 845, §1; Acts 2007, No. 35, §1; Acts 2016, No. 533, §§1, 2; Acts 2021, No. 193, §1, eff. April 1, 2022.
NOTE: See Acts 2021, No. 193, §2, regarding license or registration renewal.