La. Admin. Code tit. 46 § LXVII-5509

Current through Register Vol. 50, No. 11, November 20, 2024

Section LXVII-5509 - Inspections and Monitoring of Approved Vendors and Courses

A. Real estate education vendors shall provide adequate space, seating, equipment, and instructional material to accommodate the number of enrolled students.

B. The commission may inspect any facility used by a real estate education vendor at any time during regular business hours.

C. Real estate education vendors shall be subject to periodic audits and reviews, as determined by the commission, to ensure that courses are conducted in accordance with the provisions set forth in R.S. 37:1460 and this Chapter. This may include the observation and evaluation of classroom activities, course content, instructor proficiency, and/or the audit of reporting/attendance records.

D. If the real estate education vendor is found deficient in any part of this Section, the commission shall prepare a report specifying the areas of deficiency.

E. Any real estate education vendor that receives a report of deficiencies shall correct the deficiencies by the date designated by the commission and shall submit a signed, written report to the commission that outlines the corrective action.

F. Failure to respond to a report of deficiencies, in accordance with the deadline designated by the commission, may result in payment of a fine, or the suspension or revocation of any certificate for a vendor found to be in violation of this requirement.

La. Admin. Code tit. 46, § LXVII-5509

Promulgated by the Office of the Governor, Real Estate Commission, LR 37:3019 (October 2011).

AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1435.