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Practice Of Real EstateLicensingMEDIUM

For the Indiana broker state portion, a new broker completes the required 30-hour postlicensing education. Which statement is correct?

Correct Answer

C) That completion fully satisfies otherwise required CE for two continuing education years under the rule

876 IAC 7-4-2, excerpted by Indiana PLA, states the 30-hour postlicensing completion fully satisfies otherwise required CE for two continuing education years. 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
The rule applies only to broker companies and never to individual brokers.
B
The licensee may ignore the rule if the transaction closes without a consumer complaint.
C
That completion fully satisfies otherwise required CE for two continuing education years under the rule
D
A sponsoring broker may waive the licensing requirement for a person who is otherwise unlicensed.

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Related Topics & Key Terms

Related Topics:

in.IIlicensing

Key Terms:

indianain.IIlicensingpostlicense-ce-satisfaction

Related Concepts

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

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