Legislative Session Report
LOUISIANA REALTORS • June 22, 2017
Norman Morris, CEO provides a short video recap of REALTOR® wins from the 2017 Legislative Session. LR was successful at preventing new sales tax on services as well as passing legislation that penalizes those that practice without a license.
There were no new taxes passed in the recent session. The inventory tax, manufacturing machinery and equipment tax, sales tax on utility, sales tax on services, commercial activity tax (gross receipts tax) and all of the other tax increase proposals failed. Many of the same issues will probably come up in a special legislative session. To read a full summary of all tax-related legislation compiled by Jim Harris of Harris, DeVille & Associates, click here.
Learn how to prepare homebuyers before they start shopping. From preapproval and timelines to common myths and clear expectations, help clients navigate the real estate process with confidence.
By: Eric Landry, Breazeale Sachse & Wilson, L.L.P. Louisiana REALTORS® Legal Counsel Below are highlights of the changes to mandatory forms effective January 1, 2026. Louisiana Residential Agreement to Buy or Sell: Specific Changes Overall, several changes were made to re-order the agreement in an effort to have the agreement more closely track the sequence of events in a typical transaction. This resulted in relocation of several sections and corresponding changes to line number references in various places throughout the agreement.
There are several ways to lower your upfront costs and make homeownership more affordable. Here are some practical ways to reduce your cash to close.
