Indiana License Law
An Indiana licensee who has their license under a managing broker and starts their own real estate company must first:
AGive 30 days' notice to their current managing broker
BQualify as and register as a managing broker with IPLA before operating independently✓ Correct
CObtain approval from the IREC
DHave 5 years of active experience
Explanation
To operate their own brokerage independently, an Indiana licensee must qualify as a managing broker — meeting additional experience requirements — and register as such with IPLA.
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