Indiana requires broker license applicants to complete:
Correct Answer
B) 90 hours of approved pre-license education
Indiana requires 90 hours of approved pre-license education for broker license applicants under IC 25-34.1. Indiana eliminated the separate salesperson license in 2006; all licensees are now licensed as brokers (associate brokers or managing brokers). The 90-hour curriculum covers real estate principles, practices, and Indiana-specific law.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
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