reglab/housing_qa huggingface dataset:
LA Rev Stat § 37:1447 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1447. Referral fees; interference with brokerage relationships

RS 1447 - Referral fees; interference with brokerage relationships A.(1) It is unlawful for any person, including but not limited to a relocation company, to directly or indirectly solicit or request a referral fee or similar payment for the referral of a buyer or seller unless the person seeking the referral fee has reasonable cause. Reasonable cause shall not exist unless: (a) The person seeking the referral fee introduced the client to the licensee or registrant from whom the referral fee is being sought; or (b) The person seeking the referral fee has a written contractual relationship with the licensee or registrant for a referral fee or similar payment; and (c) The licensee or registrant has received the client referral prior to the client contracting to buy or list real estate with the licensee or registrant. (2) The solicitation or request of a referral fee or similar payment in accordance with this Subsection shall not create a legal right to be paid such fee or payment. B. It is unlawful to interfere with a real estate brokerage relationship. The demand for a referral fee from a licensee or registrant when reasonable cause for payment does not exist constitutes interference with a real estate brokerage relationship. A threat by a third party to reduce, withhold, or eliminate any relocation benefits in order to generate a referral fee from a licensee or registrant when reasonable cause for payment does not exist also constitutes interference with a real estate brokerage relationship. Notwithstanding the foregoing, communications between an employer or its representative and an employee concerning relocation policies and benefits shall not constitute interference with a real estate brokerage relationship. C. It is unlawful for any person, licensed or unlicensed, to interfere with the contractual relationship between a licensee or registrant and a client by counseling a client or another licensee or registrant on how to terminate or amend an existing contractual relationship between a licensee or registrant and a client. Communicating a company's relocation policy or benefits to an employee or consumer shall not be considered a violation of this Subsection as long as the communication does not involve advice or encouragement on how to terminate or amend an existing contractual relationship between a licensee or registrant and a client. D. A prevailing party in any action for violations of this Section may be awarded actual damages, plus reasonable attorney fees. In addition to bringing an action in court, violations of this Section may be addressed through mediation services. Such mediation services shall include but shall not be limited to mediation through real estate entities who specifically offer programs for resolving complaints involving real estate referral fees. Acts 2001, No. 261, §1.
LA Rev Stat § 37:1448 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1448. Revocation or suspension of licenses

RS 1448 - Revocation or suspension of licenses A. Any licensee whose license is suspended or revoked in accordance with this Chapter shall be deemed an unlicensed person during the period of suspension or revocation and shall be subject to the penalties prescribed for unlicensed persons, if he engages in activity requiring licensure during the period of suspension or revocation. The commission retains jurisdiction over all unlicensed persons relative to violations of and enforcement of the provisions of this Chapter. B. The revocation or suspension of a broker's license shall automatically suspend the license of every associate broker or salesperson who is sponsored by the broker whose license was suspended or revoked. The sponsoring broker shall, within seventy-two hours of notification by the commission of the final action on the revocation or suspension of his license, return to the commission all licenses of the licensees sponsored by him. C. A sponsoring broker shall, within seventy-two hours of notification by the commission, return his license or the license of any associate broker or salesperson sponsored by him when such license has been suspended or revoked by the commission. Acts 1978, No. 514, §1. Amended by Acts 1981, No. 309, §1; Acts 1995, No. 1207, §1; Acts 2003, No. 713, §1.
LA Rev Stat § 37:1448.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1448.1. Non-compete agreements

RS 1448.1 - Non-compete agreements A. A non-compete agreement between a real estate broker and licensee which requires the licensee to refrain from carrying on or engaging in a business similar to that of the real estate broker or from soliciting customers of the real estate broker within a specified parish or parishes, municipality or municipalities, or parts thereof, so long as the real estate broker carries on a like business therein, for any period of time up to two years, shall be unenforceable and an absolute nullity unless the licensee shall have the right to rescind the non-compete agreement until midnight of the third business day following the execution of the non-compete agreement or the delivery of the agreement to the licensee, whichever is later. In any agreement between the broker and licensee, which includes a non-compete agreement, the non-compete agreement shall be prominently displayed in bold-faced block lettering of not less than ten-point type. B. Any action to enforce the provisions of this Section shall be brought in a court of competent jurisdiction in this state. C. The provisions of this Section shall be effective as to agreements entered into after January 1, 2006. Acts 2005, No. 229, §1.
LA Rev Stat § 37:1448.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1448.2. Revocation or suspension of registration

RS 1448.2 - Revocation or suspension of registration  A timeshare registrant will within seventy-two hours of notification by the commission of the final action on the revocation or suspension of a registration issued to a timeshare interest salesperson or a timeshare developer return such registration to the commission.  Acts 1989, No. 655, §1, eff. Jan. 1, 1990.
LA Rev Stat § 37:1448.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1448.3. Net listing agreements

RS 1448.3 - Net listing agreements It is unlawful for any real estate broker to advise or encourage a seller in relation to, or to enter into, a net listing agreement as described in R.S. 37:1431(34), for the sale of residential real estate property or any land as defined in R.S. 47:2302.  Acts 2015, No. 81, §1.
LA Rev Stat § 37:1449 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1449. Broker to insure provision of contract; retention of records

RS 1449 - Broker to insure provision of contract; retention of records  A. Licensees acting in the capacity of an agent or subagent, and registrants shall insure that their respective principal party signing any document in a real estate transaction is provided a copy of the document immediately after the signing of the document.  B. Licensees and registrants shall insure that persons signing any document in a real estate transaction that pertains to more than one party are provided with a copy of the completed document bearing the signatures of all parties to the transaction within five days after the final signature is affixed to the document.  C. Written agreements for the sale or management of real estate shall specify a definite expiration date that shall not be subject to qualifying terms or conditions.  D.(1) Individual real estate brokers shall retain all of the following records, readily available and properly indexed, for a period of five years:  (a) Bank statements, copies of deposit slips, and cancelled checks on all escrow or trust accounts.  (b) Copies of all documents that pertain in any way to real estate transactions wherein the individual real estate broker or licensees sponsored by the individual real estate broker have appeared in a licensing capacity.  (2) The requirement regarding copies shall not be altered by the transfer of a broker to that of an associate broker, an unlicensed person, or an inactive licensee.  E.(1) Partnerships, limited liability companies, associations, corporations, or other legal entities, foreign or domestic, and real estate brokers shall retain the following records, readily available and properly indexed, for a period of five years:  (a) Bank statements, copies of deposit slips, and cancelled checks on all escrow or trust accounts.  (b) Copies of all documents that pertain in any way to real estate transactions wherein the partnership, limited liability company, association, corporation, or other legal entity, foreign or domestic, the designated qualifying broker, or licensees sponsored by same, have appeared in a licensing capacity.  (2) This requirement, regarding copies, shall not be altered by the partnership, limited liability company, association, corporation, or other legal entity, foreign or domestic, transferring the broker license to the inactive status or failure to renew such license.  Acts 1978, No. 514, §1; Acts 1984, No. 943, §4, eff. July 20, 1984; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1991, No. 642, §1; Acts 1995, No. 1207, §1; Acts 1997, No. 845, §1; Acts 2003, No. 1123, §1, eff. July 2, 2003; Acts 2016, No. 533, §1.
LA Rev Stat § 37:1449.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1449.1. Duty of real estate licensees to use purchase agreement forms

RS 1449.1 - Duty of real estate licensees to use purchase agreement forms A. A licensee representing either the buyer or seller of residential real property shall complete the purchase agreement form prescribed by the Louisiana Real Estate Commission in making an offer to purchase or sell residential real property. No person shall alter the purchase agreement form; however, addendums or amendments to the purchase agreement form may be utilized. B. The promulgation of this form shall be conducted in accordance with the Administrative Procedure Act no later than July 1, 2007. C.(1) As used in this Section, the term "purchase agreement form" shall mean a document in a form prescribed by the Louisiana Real Estate Commission as a written agreement for the sale or purchase of residential real property. (2) As used in this Section, the term "residential real property" means real property consisting of one or not more than four residential dwelling units, which are buildings or structures each of which are occupied or intended for occupancy as single family residences. D. The provisions of this Section shall apply to the sale of residential real property on or after January 1, 2008. Acts 2006, No. 333, §1.
LA Rev Stat § 37:1450 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1450. Duty of licensees, registrants, and certificate holders to report legal action pertaining to real estate activities

RS 1450 - Duty of licensees, registrants, and certificate holders to report legal action pertaining to real estate activities A. It shall be the duty of every licensee, registrant, and certificate holder to notify the commission within ten days by registered or certified mail or by hand delivery of the following actions: (1) The rendering of a final judgment against him by a court of competent jurisdiction, the subject matter of which involves a real estate transaction in which he was acting as a licensee, registrant, or certificate holder. (2) The institution of criminal prosecution by arrest or indictment the subject matter of which involves a real estate transaction in which he was acting as a licensee, registrant, or certificate holder. (3) Any final conviction of him by a court of competent jurisdiction for forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud, theft, or any other felony, or any crime involving moral turpitude. B. It shall be the duty of every licensee, registrant, and certificate holder who is the custodian of client funds to report the institution of bankruptcy proceedings to the commission, in writing and by registered or certified mail or hand delivery within ten days of institution of such proceedings. (1) Bankruptcy proceedings which shall be reported include those in which the petitioner is named as a debtor, whether classified as voluntary or involuntary, personal, corporate, or partnership, or which is in any way connected with the licensee's, registrant's, or certificate holder's real estate business activities. (2) The report to the commission shall include a listing which identifies the owner or owners of the funds, the amount of funds held, the name of the financial institution, and the number of the account in which the funds are deposited. Acts 1978, No. 514, §1. Amended by Acts 1981, No. 594, §1; Acts 1983, No. 552, §2; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1995, No. 1207, §1.
LA Rev Stat § 37:1451 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1451. Death or incapacity of a real estate broker

RS 1451 - Death or incapacity of a real estate broker  A. (1) The commission shall be notified in writing when a sponsoring broker dies and shall have the authority to appoint an active licensed associate broker or salesperson to complete, carry out, and enforce any incomplete real estate business activities of the deceased sponsoring broker, including real estate contracts left pending at the time of the death.  (2) The associate broker or salesperson shall immediately notify all sponsored licensees that the sponsoring broker has died. Such notice shall advise the sponsored licensees that no new contracts shall be instituted.  (3) In the absence of any sponsored licensees, the commission shall have the authority to appoint an active licensed broker to complete, carry out, and enforce any incomplete real estate activities of the deceased sponsoring broker, including real estate contracts left pending at the time of the death.  B. In the event of the physical or mental impairment of an individual real estate broker, the commission shall have the authority to appoint another individual real estate broker to complete, carry out, and enforce any incomplete real estate business activities of the impaired sponsoring broker, including real estate contracts left pending at the time of the impairment.  C. In the event of the physical or mental impairment of a sponsoring broker, an associate broker or, in the absence of an associate broker, a salesperson sponsored by the broker may be appointed by the commission to temporarily assume the duties and responsibilities of the broker.  D. In the event of the death or physical or mental incapacity of a qualifying broker, the commission shall be immediately notified and the licensed corporation, limited liability company, or partnership shall appoint a new qualifying broker within five days.  Acts 1978, No. 514, §1; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1995, No. 1207, §1; Acts 2016, No. 533, §1.
LA Rev Stat § 37:1452 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1452. REPEALED BY ACTS 1989, NO. 655, §2, EFF. JAN. 1, 1990.

RS 1452 - REPEALED BY ACTS 1989, NO. 655, §2, EFF. JAN. 1, 1990.
LA Rev Stat § 37:1453 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1453. Investigations

RS 1453 - Investigations A. The commission may, upon its own motion, and shall, upon the verified complaint in writing of any person, investigate the actions of any licensee, registrant, certificate holder, or any person who assumes to act in any such capacity. Such an investigation may include inquiries and inspections of records. B. Every licensee, registrant, and certificate holder shall cooperate fully with and answer all questions propounded by commission personnel conducting an investigation, inquiry, or records inspection. C. Every licensee, registrant, and certificate holder shall produce any document, book, or record in his possession, or under his control, relative to any investigation, inquiry, or records inspection conducted by commission personnel. D. The commission shall not become involved in disputes between licensees or registrants in any matter regarding the entitlement to or payment of commissions, fees, or compensation involving the sale or lease of real estate. Acts 1978, No. 514, §1; Acts 1983, No. 552, §2; Acts 1986, No. 842, §1; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1995, No. 1207, §1.
LA Rev Stat § 37:1454 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1454. False information

RS 1454 - False information  It is unlawful for any person or his agent to file with the commission any notice, statement, or other document, required under the provisions of this Chapter which is false or contains any material misstatement of fact.  Acts 1978, No. 514, §1; Acts 1989, No. 655, §1, eff. Jan. 1, 1990.
LA Rev Stat § 37:1457 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1457. Judicial proceedings

RS 1457 - Judicial proceedings A. If an appeal is taken under R.S. 37:1456, the court shall receive the entire record of the hearing. B. All judicial proceedings relative to actions taken by the commission shall be filed in and adjudicated by the Nineteenth Judicial District Court in the parish of East Baton Rouge. C. Absent an agreement of counsel for all parties, no stay of enforcement of a decision issued under R.S. 37:1456 or for a violation of R.S. 37:1459, during the pendency of an appeal shall be granted unless the Nineteenth Judicial District Court finds that the applicant has established that the issuance of the stay does not threaten harm to other interested parties. D. No stay shall be granted ex parte. The court shall schedule a hearing on the request for a stay order within ten days from filing. The decision shall be rendered within five days after the conclusion of the hearing. E. No judicial order staying or enjoining the effectiveness or enforcement of a final decision or order of the commission in an adjudication proceeding shall be effective, or be issued to be effective, longer than one hundred twenty days from the date on which the commission's decision or order was rendered, or the date on which the court enters judgment in a proceeding for judicial review of the commission's decision or order pursuant to R.S. 49:964, whichever comes first. Acts 1978, No. 514, §1; Acts 1995, No. 1207, §1; Acts 1997, No. 845, §1; Acts 2003, No. 713, §1.
LA Rev Stat § 37:1458 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1458. Penalty

RS 1458 - Penalty Whoever violates any of the provisions of this Chapter shall be fined not more than two thousand dollars or imprisoned not more than five years, or both. Acts 1978, No. 514, §1; Acts 2003, No. 713, §1.
LA Rev Stat § 37:1459 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1459. Real estate activity; unlicensed persons

RS 1459 - Real estate activity; unlicensed persons  A.(1) In addition to any other civil remedy or civil penalty provided for in this Chapter, the commission may issue a subpoena to any person or persons who the commission has probable cause to believe has engaged in real estate activity without a currently valid license.  (2) Subpoenas issued by the commission shall comply with the notice requirements of R.S. 49:955. These subpoenas shall be served upon the unlicensed individual personally or by any type of mailing requiring a return receipt and shall include a statement of the manner in which the unlicensed person shall be required to respond to the commission.  B. The commission may impose a civil penalty of no more than five thousand dollars upon any unlicensed person who, after a hearing or informal resolution in accordance with all provisions of this Chapter and the Administrative Procedure Act, is found to have engaged in real estate activity without the benefit of a currently valid license having been issued by the commission pursuant to the provisions of this Chapter. In addition, the commission may assess costs and attorney fees against the unlicensed person found to have been engaged in real estate activity without a current license.  C. The fact that any person engages in or performs or offers to engage in or perform any of the practices, acts, or operations constituting "real estate activity" as set forth in R.S. 37:1431 is prima facie evidence that such person is engaged in the illegal practice of real estate.  D. No person engaged in real estate activity without a currently valid license shall have the right to receive any compensation for services so rendered. In addition to any other penalties imposed under R.S. 37:1455 and 1458, the commission may require that any person engaged in real estate activity without a license return any fees collected for engaging in real estate activity.  Acts 2003, No. 713, §1; Acts 2006, No. 343, §1.
LA Rev Stat § 37:1460 (2021)
2021 Louisiana Laws|Revised Statutes|Title 37 - Professions and Occupations|§1460. Certification and regulation of real estate schools, instructors and continuing education vendors

RS 1460 - Certification and regulation of real estate schools, instructors and continuing education vendors  A. The Louisiana Real Estate Commission shall have the authority to establish rules and regulations to certify, regulate, and discipline real estate schools and instructors in the state. The commission shall establish standards for course content including the legal, economic, mathematical, ethical considerations, and fundamentals of the real estate business.  B. The Louisiana Real Estate Commission shall have the authority to certify, regulate, and discipline real estate continuing education vendors in the state and to establish rules and regulations pertaining thereto.  C. The commission shall not certify, or accept educational hours for credit from, any real estate school or any real estate continuing education vendor in which a substantial economic interest is held by a legislator or a member of the commission, member of his immediate family, or any entity in which he directly or indirectly holds a substantial economic interest.  Acts 1978, No. 514, §1; Acts 1989, No. 655, §1, eff. Jan. 1, 1990.