Indiana License Law
Indiana real estate license law prohibits licensees from:
ANegotiating fees with clients
BRepresenting themselves as attorneys or providing legal advice✓ Correct
CAdvertising properties on the internet
DAccepting referral fees from other brokers
Explanation
Licensees are prohibited from practicing law, giving legal advice, or representing themselves as attorneys. They may prepare standard form contracts but should advise clients to consult an attorney for legal questions.
Related Indiana Indiana License Law Questions
- Which of the following statements about the Indiana Broker Recovery Fund is correct?
- How many questions are on the Indiana real estate broker licensing exam?
- How many pre-license education hours are required for an Indiana real estate broker license?
- How many hours of continuing education must Indiana brokers complete per two-year renewal period?
- An Indiana real estate license may be placed on inactive status when a licensee:
- Which of the following is exempt from Indiana real estate licensing requirements?
- What is the renewal period for an Indiana real estate broker license?
- Under Indiana license law, a 'material fact' that must be disclosed is best defined as:
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →