What is the delinquent fee for renewals between February 16 - June 30?

Prepare for the Louisiana Broker Test with comprehensive questions and detailed explanations. Use our study tools to boost your confidence and ace the exam.

In Louisiana, the delinquent fee for renewing a broker’s license between February 16 and June 30 is indeed $45. This fee is established by the Louisiana Real Estate Commission (LREC) to encourage timely renewals and to manage the administrative costs associated with late processing.

When licenses are not renewed by the February 15 deadline, a penalty is imposed to reflect the added administrative burden and to promote compliance among licensees. The specific amount of $45 corresponds to the rules set forth by the LREC for the renewal period in question, which indicates the importance of maintaining awareness of renewal deadlines to avoid incurring unnecessary fees. In contrast, other amounts given in the choices may relate to different time frames or situations, but they do not apply to the renewal period specified in the question.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy