Indiana Real Estate State Exam | 120 Questions with 100% Correct Answers | Verified | Latest Update 2024

How much time is given to pass the Indiana salesperson exam? - 4 hours How many hours of pre-licensing education do you need in Indiana? - 90 hours How old do you have to be in Indiana to obtain a RE License? - 18 years old Biff is hired by owner Gilligan to oversee a residential property complex, including supervising complex employees and maintenance, but he has limited authority. Biff is the: - Property manager Paula enters into a contract for the purchase of Jordan's home. Paula applies for a mortgage. The contract requires her to get a document from her mortgage lender stating that the lender will be loaning her the necessary funds. What is that document called? - A commitment Roland, a broker, arranges a sale and opens escrow. Before escrow closes, his license is revoked by the Department of Real Estate (DRE). What happens to Roland's commission? - Roland gets his commission The _______ prohibits an employer from discriminating against a person with a disability seeking employment based on their disability. - Americans with Disabilities Act (ADA)