Indiana Real Estate Exam Topics: Complete Breakdown

Knowing exactly what's on the Indiana real estate exam lets you allocate your study time where it counts. The PSI exam covers both a national content outline and an Indiana-specific state supplement.

Exam Format at a Glance

| Section | Questions | Passing Score | |---------|-----------|---------------| | National | 80 | 75% (60 correct) | | State | 50 | 75% (38 correct) | | Total | 130 | Both sections independently |

Time limit: 4 hours. Administered by PSI at approved testing centers across Indiana.

National Content Areas

The national portion follows the ARELLO/AMP content outline. Major topic areas include:

• Property ownership — types of ownership, legal descriptions, land rights
• Land use controls — zoning, deed restrictions, environmental regulations
• Valuation and market analysis — appraisal methods, CMA, market conditions
• Financing — mortgage types, loan-to-value, federal lending laws (RESPA, TILA, ECOA)
• Transfer of title — deeds, title insurance, closing procedures
• Practice of real estate — agency, contracts, listing agreements, buyer representation
• Property disclosures — seller disclosure obligations, lead-based paint, environmental
• Leasing and property management — lease types, landlord/tenant rights

Indiana State Content Areas

The 50-question state section tests knowledge specific to Indiana law and practice:

Indiana Real Estate Commission (IREC) - 5-member commission composition - Powers: licensing, discipline, rulemaking - Administered under IPLA

Indiana License Law (Indiana Code Title 25, Article 34.1) - Salesperson vs. managing broker classifications - License renewal: every 3 years, tied to licensee's birthday - CE requirement: 12 hours per 3-year cycle - Grounds for suspension, revocation, and civil penalties

Agency Relationships - Buyer's agency, seller's agency, dual agency - Agency disclosure requirements and timing - Non-agent transaction broker status

Trust Accounts - Deposits required within 24 hours of broker receipt - Commingling prohibitions - Record-keeping requirements

Indiana Seller's Disclosure - Seller's Residential Real Estate Sales Disclosure form - Required for most 1-4 unit residential sales - Timing: before or at time of purchase agreement

Contracts and Closings - Purchase agreement essentials - Contingencies and defaults - Indiana deed of trust (not traditional mortgage) - Anti-Deficiency Statute

Fair Housing in Indiana - Federal classes plus Indiana additions: ancestry and marital status - Enforcement and complaint procedures

Indiana-Specific Topics - Prelicense requirement: 90 hours - Post-license education obligations - Advertising rules under IREC

Study Priority

Allocate extra time to the state section. The trust account deposit timing, disclosure form requirements, and IREC composition are three of the most tested specific facts. Get these locked in before exam day.

Practice with Indiana-specific questions at [CARealestate.com/states/indiana](https://carealestate.com/states/indiana).