Agency
An Indiana broker who negotiates property management contracts and leases without a real estate license is:
AActing legally as an unlicensed property manager
BViolating Indiana license law, which requires a license for managing real estate for others for compensation✓ Correct
CPermitted if the contracts are under $50,000
DPermitted if the property has fewer than 4 units
Explanation
Negotiating property management contracts and leases on behalf of another for compensation is a licensed activity in Indiana. Performing these activities without a license is a violation.
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