Louisiana Real Estate Education Vendor Bond ($5,000) The Education Division is housed within the Education and Licensing Department of the Louisiana Real Estate Commission. Our function is to regulate and oversee real estate schools and vendors and the education programs they provide. It is our goal to ensure that quality education is available and accessible to licensees and applicants at all times. Our effort is ongoing and we work closely in conjunction with the Commission Education and Publication Committee to meet our goal. A licensed vendor is required to obtain a $5,000.00 surety bond as a part of the licensing process.