Message from the President and CEO
LOUISIANA REALTORS • March 23, 2020
Louisiana REALTORS® continues to closely monitor the quickly developing effects of the Coronavirus (COVID-19) pandemic. Over the weekend, LR sent letters to the Governor, the Louisiana Tax Assessors' Association and the Louisiana Clerks of Court Association urging the collaboration of government entities that are crital to the transaction. View the below video message from Norman Morris, CEO providing an update and list of things available to you to help you navigate these times.
Starting at 5:00 pm TODAY, March 23, 2020, a statewide Stay at Home Order
goes into effect. We have provided some general guidance and answers about how does this order impact real estate. The guidance addresses the following:
- Does the Governor’s Stay at Home Order mean I cannot conduct business?
- Can we still conduct real estate closings?
- Can I still hold open houses on listed properties or show houses?
We encourage brokers and managers to contact their agents and support staff to determine a plan of action on how best to serve their clients through remote and virtual methods and how to conduct business while also following the Governor’s Order and the CDC’s guidelines on group gatherings. If you have transactions and timelines that are potentially impacted, put to use the Coronavirus Amendment
that has been drafted.
We wish for everyone to take these precautions seriously and remain in good health and positivity to navigate this challenge together!
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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.
