Indiana License Law
Which of the following is an activity that requires a real estate license in Indiana?
ASelling your own home
BListing, selling, or leasing real estate for others for compensation✓ Correct
CPerforming property maintenance work for a fee
DAppraising property for a fee
Explanation
Acting as a real estate broker — listing, selling, buying, or leasing real property on behalf of others for compensation — requires a real estate license in Indiana. Selling your own property, performing maintenance, and appraising (which requires an appraiser license) do not require a real estate broker license.
Related Indiana Indiana License Law Questions
- An unlicensed assistant in Indiana may legally perform which of the following tasks?
- Under Indiana law, a buyer who is represented by a buyer's agent pays the buyer's broker through:
- An Indiana broker who personally becomes a party to a transaction (as buyer or seller) must disclose this status because:
- An Indiana broker's license is automatically suspended when the broker is found guilty of:
- Indiana's Home Inspectors Licensing Act requires home inspectors to carry:
- The Indiana Real Estate Commission may discipline a licensee for all of the following EXCEPT:
- Indiana requires licensed real estate brokers to operate under which type of business structure?
- The Indiana Real Estate Commission's authority over licensees extends to actions taken:
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