Indiana License Law
A licensed Indiana broker who acts as a principal in a transaction (buying or selling their own property) must:
ADisclose their licensed status to the other party✓ Correct
BObtain permission from the IREC before buying or selling
CUse a separate unlicensed entity to avoid disclosure
DAlways use another broker to represent them
Explanation
Indiana licensees who act as principals must disclose their licensed status to the other parties in the transaction to avoid any appearance of using their license knowledge unfairly.
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