The Louisiana Real Estate Education Vendor Bond is required by the State of Louisiana, Real Estate Commission. The bond amount is set at $5,000. The bond states that the bondholder shall fully and faithfully observe the express provisions of all contracts with its students. In addition, they shall observe the provisions of the Louisiana Real Estate Commission.
Who is required to have a Louisiana Real Estate Education Vendor Bond?
Any entity that offers courses or seminars in real estate and related subjects that fulfills continuing education requirements. This can be a school, place, individual or institution. It can be used for a license or certificate renewal.
What are other requirements that must be submitted to the Louisiana Real Estate Commission?
Applicants need to submit an Initial Application for Education Vendors. In addition, applicants must submit financial statements for the person or legal entity seeking approved education vendor status. As well as a list of any real estate experience. This can include real estate instruction, course development, licenses or designations, and any other information that may be deemed relevant.
Where can I get a Louisiana Real Estate Education Vendor Bond?
Here at Surety1, we do our best to not only offer the best rates to our clients but to provide fast service. First, complete our free online application form. After that you will hear from one of our licensed agents with a no-obligation quote on the bond premium. If you wish to proceed, we would collect payment and have you sign the paperwork. After which we will send your Louisiana Real Estate Education Vendor Bond either through USPS Priority Mail or overnight delivery, for an additional fee.
Surety1 has been issuing surety bonds since 2003. Located in California we are licensed to write bonds in all 50 states. You can be assured of our excellent service, as we continue to maintain an A+ rating from the Better Business Bureau.