Indiana License Law
An Indiana licensee who accepts compensation directly from a buyer (not through their managing broker) is:
APermitted if the buyer and agent agree in writing
BViolating Indiana license law — all compensation must flow through the managing broker✓ Correct
CPermitted for buyer's agent services only
DRequired to report it to IPLA
Explanation
Indiana law requires that all real estate compensation to affiliated licensees flow through their managing broker. An affiliated broker may not receive compensation directly from a client — it must go through the brokerage.
Related Indiana Indiana License Law Questions
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- An Indiana broker who operates under an assumed business name (DBA) must:
- Under Indiana law, dual agency — representing both the buyer and seller in the same transaction — is:
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- Indiana's IREC may issue a formal complaint against a licensee based on:
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