Indiana License Law
A licensed Indiana broker convicted of a felony involving fraud must:
AVoluntarily surrender their license within 6 months
BReport the conviction to IPLA and the IREC and faces potential license revocation or suspension✓ Correct
COnly disclose the conviction at the next renewal
DHire a licensed managing broker to supervise all their transactions
Explanation
Indiana requires licensees to report criminal convictions to IPLA. A felony involving fraud is grounds for disciplinary action including suspension or revocation of the real estate license.
Related Indiana Indiana License Law Questions
- The Indiana Professional Licensing Agency (IPLA) is responsible for:
- Indiana's brokerage relationship disclosure must be given to a consumer in a real estate transaction by the licensee:
- Which of the following requires a real estate license in Indiana?
- An Indiana real estate license may be placed on inactive status when a licensee:
- Which of the following is required before an Indiana real estate license may be issued to an applicant?
- Which of the following is NOT a requirement for obtaining an Indiana real estate broker license?
- A licensee convicted of a felony must notify the Indiana Real Estate Commission within how many days?
- Which body regulates real estate licenses in Indiana?
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →