Indiana License Law
An Indiana real estate licensee who is found to have engaged in fraud may face:
AOnly a warning from IREC on the first offense
BLicense suspension or revocation, civil liability, and potential criminal prosecution✓ Correct
CA mandatory continuing education requirement only
DA fine not to exceed $100
Explanation
Fraud in a real estate transaction is among the most serious violations. An Indiana licensee found to have committed fraud may face license suspension or revocation by IREC, civil lawsuits from harmed parties, and criminal prosecution.
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