How much does a real estate school bond cost in Louisiana?
The Louisiana Real Estate Commission requires real estate schools to post a $10,000 surety bond. The cost for this type of bond is based on underwriting consideration, which includes a review of the applicant’s credit report. Applicants with strong financial credentials could pay just $100 for their bond.
To determine your exact surety bond cost, call 1 (800) 308-4358 to consult a bonding expert. Or, request your free quote online now.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Real Estate School Bond||$10,000||Starts at $100||$500-800||$1,000+||Apply Now|
Call 1 (800) 308-4358 to speak with an expert surety specialist. Or, contact SuretyBonds.com online to request your free bond quote.
Why do I need this bond?
The Louisiana real estate school bond exists to protect students of the school from fraudulent practices. For example, this bond ensures tuition will be reimbursed if the school closes unexpectedly or issues faulty certifications or degrees.
For more information on real estate school surety bonds in Louisiana, contact an expert surety specialist now. You could pay as little as $100 for the bond you need.
What’s the fine print?
The school’s official name and address must be listed on the bond form.
Real estate school bonds in Louisiana are continuous until canceled.
How to become a real estate school in Louisiana
Real estate schools in Louisiana must be licensed with the state’s Real Estate Commission. In addition to the bond and application, other licensing requirements include, but are not limited to:
- financial statements
- reference letters
- proposed student contract
- list of instructors
- $650 fee payable to the Lousinana Real Estate Commission
- registration certificate or certificate of authority
The application required for real estate school licensing in Louisiana can be accessed in the “Additional Resources” section below.
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