Which Indiana rule applies when a broker has the managing broker designation and acts as managing broker during the CE year?
Correct Answer
A) At least 4 of the 12 CE hours must be dedicated to managing-broker business, management, and legal knowledge
876 IAC 7-5-2, excerpted by Indiana PLA, requires 4 managing-broker-specific hours when the broker functions as managing broker during the CE year. 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.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
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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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