indiana license law
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
1. Indiana real estate license law is administered by the Indiana Real Estate Com-
mission
Indiana Civil Rights Commission
Indiana Real Estate Commission
Indiana Association of REALTORS®
Department of Housing and Urban Development
(HUD).
2. The members of the Indiana Real Estate Commission governor
are appointed by the
governor
Indiana legislature
Indiana Association of REALTORS®
attorney general
3. The appointees of the Indiana Real Estate Commission 1 member from each of
consist of the 9 congressional dis-
trict in Indiana and three at
8 licensed brokers and two legislators. large.
10 members from the ten largest local association
boards.
1 member from each of the 9 congressional district in
Indiana and three at large.
12 licensed brokers from randomly selected areas of
the state.
4. Members of the Indiana Real Estate Commission are four-year terms.
appointed for
one eight-year term.
two-year terms.
Page 1
, indiana license law
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
four-year terms.
as long as they wish to serve.
5. The Indiana Real Estate Commission may undertake random selection of li-
an investigation of a licensee based on all of the fol- censees.
lowing grounds EXCEPT a
complaint from other real estate licensees.
random selection of licensees.
motion from the members of the commission.
written complaint submitted by a disgruntled con-
sumer.
6. The Indiana Real Estate Commission may do all of the spend the license renewal
following EXCEPT fees for commission pur-
poses.
investigate complaints.
adopt a seal containing the words "Indiana Real Estate
Commission"
issue, deny, suspend, and revoke licenses.
spend the license renewal fees for commission pur-
poses.
7. In Indiana, all of the following would be grounds for agreeing with the seller to
disciplining a licensee EXCEPT: accept a listing for more
than the normal commis-
being convicted of a felony. sion rate.
advertising in a newspaper that he or she is a member
of the Indiana Association of Real Estate
Professionals when in fact he or she is not.
Page 2
, indiana license law
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
depositing escrow money in his or her personal check-
ing account.
agreeing with the seller to accept a listing for more
than the normal commission rate.
8. In Indiana, a broker may be disciplined for all of the submitting to a reasonable
following actions EXCEPT physical exam at the com-
mission's request.
being declared mentally incompetent.
submitting to a reasonable physical exam at the com-
mission's request.
failure to keep abreast of current theory or practice.
displaying a For Sale sign on a property without the
owner's written consent.
9. A licensed Indiana Agent assigned to a managing bro- representing more than
ker may be disciplined by the Indiana Real Estate Com- one managing broker at a
mission for time.
operating as an independent contractor.
accepting earnest money from a buyer.
representing more than one managing broker at a
time.
displaying his or her license in the broker's place of
business.
10. a Class A infraction.
Page 3
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
1. Indiana real estate license law is administered by the Indiana Real Estate Com-
mission
Indiana Civil Rights Commission
Indiana Real Estate Commission
Indiana Association of REALTORS®
Department of Housing and Urban Development
(HUD).
2. The members of the Indiana Real Estate Commission governor
are appointed by the
governor
Indiana legislature
Indiana Association of REALTORS®
attorney general
3. The appointees of the Indiana Real Estate Commission 1 member from each of
consist of the 9 congressional dis-
trict in Indiana and three at
8 licensed brokers and two legislators. large.
10 members from the ten largest local association
boards.
1 member from each of the 9 congressional district in
Indiana and three at large.
12 licensed brokers from randomly selected areas of
the state.
4. Members of the Indiana Real Estate Commission are four-year terms.
appointed for
one eight-year term.
two-year terms.
Page 1
, indiana license law
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
four-year terms.
as long as they wish to serve.
5. The Indiana Real Estate Commission may undertake random selection of li-
an investigation of a licensee based on all of the fol- censees.
lowing grounds EXCEPT a
complaint from other real estate licensees.
random selection of licensees.
motion from the members of the commission.
written complaint submitted by a disgruntled con-
sumer.
6. The Indiana Real Estate Commission may do all of the spend the license renewal
following EXCEPT fees for commission pur-
poses.
investigate complaints.
adopt a seal containing the words "Indiana Real Estate
Commission"
issue, deny, suspend, and revoke licenses.
spend the license renewal fees for commission pur-
poses.
7. In Indiana, all of the following would be grounds for agreeing with the seller to
disciplining a licensee EXCEPT: accept a listing for more
than the normal commis-
being convicted of a felony. sion rate.
advertising in a newspaper that he or she is a member
of the Indiana Association of Real Estate
Professionals when in fact he or she is not.
Page 2
, indiana license law
Indiana Real Estate License Law Rules, Requirements, and Exam Study Guide (2026 Update)
Study online at https://quizlet.com/_73b09d
depositing escrow money in his or her personal check-
ing account.
agreeing with the seller to accept a listing for more
than the normal commission rate.
8. In Indiana, a broker may be disciplined for all of the submitting to a reasonable
following actions EXCEPT physical exam at the com-
mission's request.
being declared mentally incompetent.
submitting to a reasonable physical exam at the com-
mission's request.
failure to keep abreast of current theory or practice.
displaying a For Sale sign on a property without the
owner's written consent.
9. A licensed Indiana Agent assigned to a managing bro- representing more than
ker may be disciplined by the Indiana Real Estate Com- one managing broker at a
mission for time.
operating as an independent contractor.
accepting earnest money from a buyer.
representing more than one managing broker at a
time.
displaying his or her license in the broker's place of
business.
10. a Class A infraction.
Page 3
