Indiana License Law
A real estate broker in Indiana who violates the license law may face all of the following EXCEPT:
ALicense revocation or suspension
BA civil fine
CImprisonment for violations that constitute criminal fraud
DAutomatic disbarment from practicing law✓ Correct
Explanation
Real estate license violations can result in license revocation/suspension, civil fines, and criminal prosecution for fraud. Disbarment from law practice is a consequence for attorneys, not real estate brokers.
Related Indiana Indiana License Law Questions
- Under Indiana law, a buyer who is represented by a buyer's agent pays the buyer's broker through:
- The Indiana Real Estate Commission meets regularly to:
- Under Indiana law, a real estate broker's trust account must be reconciled:
- Under Indiana law, a broker's compensation agreement with a buyer must be:
- A real estate licensee in Indiana who receives a referral fee from a mortgage lender for steering clients to that lender without disclosure is likely violating:
- An Indiana broker who represents a buyer in purchasing a property must use which form to document the agency relationship?
- Indiana's Real Estate Commission requires that trust account records include which of the following?
- Which of the following actions is grounds for disciplinary action against an Indiana licensee?
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