LAC 46:LXVII.5501. Real estate Vendor Approval; Applications and Procedures

A. This Chapter shall apply to real estate education vendors seeking approval to conduct a course of education in real estate post-license and/or continuing education subjects. B. Any individual or entity desiring to conduct business in this state as a real estate education vendor shall file an application for certification with the commission. C. The application shall be in such form and detail as prescribed by the commission and shall be accompanied by all documentation requested therein and the certification fee(s) prescribed in R.S. 37:1443. D. The commission shall approve or deny a real estate education vendor application within 45 calendar days after it is received. Incomplete applications or a request from the commission for additional information may be cause for delay beyond 45 calendar days. E. The commission may deny an application for certification as a real estate education vendor for any of the following reasons. 1. The applicant has been convicted of forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud, or theft, or has been convicted of a felony or crime involving moral turpitude in any court of competent jurisdiction. 2. An application contains a false statement of material fact. 3. A professional license or certification held by an applicant has been revoked.