EstatePass
Practice Of Real EstateLicensingMEDIUM

In Indiana real estate practice, a broker is issued an Indiana license after June 30, 2014. What should the licensee remember?

Correct Answer

D) The broker must complete 30 hours of Commission-approved postlicensing education during the first two years after issuance

876 IAC 7-4-2, excerpted by Indiana PLA, requires 30 hours of postlicensing education during the first two years after issuance. 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
The broker must complete 30 hours of Commission-approved postlicensing education during the first two years after issuance

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

in.IIlicensing

Key Terms:

indianain.IIlicensingpostlicense-thirty-hours
Was this explanation helpful?

More Practice Of Real Estate Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing