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Practice Of Real EstateLicensingMEDIUM

A managing broker reviews a broker asks which status changes can be handled in the reassignment system. Which answer follows Indiana law?

Correct Answer

D) Indiana recognizes transfer and status-change workflows such as active, referral, inactive, or unassigned status through MyLicense One

Indiana PLA Real Estate Home lists online status changes including Active, Referral, Inactive, and Unassigned. Source basis: Indiana PLA Real Estate Licensing Information and official Statutes & Rules page: IC 25-34.1 licensing framework; 876 IAC 7 postlicensing/continuing education excerpts; broker transfer, renewal, inactive/referral, reinstatement, and branch office instructions; checked 2026-04-30.

Answer Options
A
A sponsoring broker may waive the licensing requirement for a person who is otherwise unlicensed.
B
The rule applies only to broker companies and never to individual brokers.
C
The licensee may ignore the rule if the transaction closes without a consumer complaint.
D
Indiana recognizes transfer and status-change workflows such as active, referral, inactive, or unassigned status through MyLicense One

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Related Topics & Key Terms

Related Topics:

in.IIlicensing

Key Terms:

indianain.IIlicensinglicense-statuses

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