Indiana License Law
Indiana's license law defines 'compensation' broadly to include:
AOnly cash commission payments
BAny fee, commission, salary, finder's fee, or other valuable consideration paid or expected✓ Correct
COnly payments made at closing
DOnly payments made by the seller
Explanation
Indiana's license law requires a license for any person who, for compensation (broadly defined to include fees, commissions, referral fees, or any valuable consideration), performs real estate brokerage activities on behalf of another.
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