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Louisiana Agency Disclosure Form

Louisiana Agency Disclosure Form 2025

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The document outlines the types of agency relationships in real estate transactions, including designated agency and dual agency. It explains the responsibilities of real estate brokers or licensees towards their clients, such as honesty, disclosure of property defects, and providing relevant information for informed decision-making. Additionally, it addresses the handling of confidential information obtained from clients and emphasizes the importance of written agreements in defining agency relationships.

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2010	4.8 Satisfied (151 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is Louisiana a judicial or nonjudicial state?

Louisiana, where I practice bankruptcy law, is a judicial foreclosure state, meaning that the procedure for seizing and selling a house requires a Creditor to file a lawsuit.

What is a disclosure state?

Disclosure States In disclosure states, when the sale of a property is recorded, the purchase price is also reported.

What is an agency disclosure form?

The listing agent must provide the agency disclosure to a seller or landlord prior to entering into a listing agreement. A sellers or landlords agent must provide the disclosure to a buyer, buyers agent, tenant or tenants agent at the time of first substantive contact.

Is Louisiana a disclosure state for real estate?

Currently, there are a number of non-disclosure states. They include Alaska, Idaho, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, South Dakota, Texas, Utah, and Wyoming.

Is Louisiana a disclosure state?

Disclosure: Dual agents must disclose all information he knows about the property, (including any issues or problems) to the buyer. He must also disclose any information he has about the buyers financial fitness (or lack thereof) to complete the transaction.

What is the disclosure law in Louisiana?

Real Estate Disclosure Law in Louisiana Louisiana Revised Statutes 9:3198 governs disclosures by sellers like yourself. It states that you must complete a property disclosure document in a form prescribed by the Louisiana Real Estate Commission and deliver it to prospective buyers.

Louisiana Agency Disclosure Form 2025

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