Indiana License Law
Indiana requires licensed real estate brokers to operate under which type of business structure?
AOnly corporations
BAny legal business structure — sole proprietorship, corporation, LLC, or partnership — as long as the managing broker is licensed✓ Correct
COnly partnerships
DOnly LLCs
Explanation
Indiana permits real estate brokerages to operate under various business structures (sole proprietorship, corporation, LLC, partnership) as long as there is a designated managing broker who holds an active Indiana license.
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