Real Estate Licensing Information
- PLA
- Professions
- Real Estate Home
- Current: Real Estate Licensing Information
Application Instructions
- Real Estate Broker Licensing
Broker License Application Instructions
If you are currently licensed in another state as a Real Estate Broker, you may submit your application to our office to see if you qualify for recognition of equivalence, via Endorsement. This process does take a while as your application/information must be posted for a Commission member to review to see if the state you are licensed in meets Indiana requirements, then it must be voted on by the full Commission. If approved, you will then be required to take just the state portion of the exam and pass before the license can be issued. If it’s not approved, you will then be given the option to change to examination.
- Completed Application: Applications must be submitted online.
- Supplemental form: To be completed by the managing broker and uploaded by the applicant at the time of applying online if you wish for your license to be issued in an active status. You may find the form here.
- Application fee of $60.00: Pay by credit or debit card. All application fees are nonrefundable.
- Positive Response Documentation: If you answer "Yes" to any criminal history/discipline questions on the application or no to the diploma question, explain fully in a statement that includes all details. Include the violation, location, date, and disposition. Submit copies of court documents for each instance to support the statement. If malpractice, provide the name(s) of the plaintiff(s). Letters from attorneys or insurance companies are not accepted in lieu of your statement, however they may accompany your affidavit..
- Name Change: A copy of official documentation indicating any legal name change, a copy of a marriage certificate, or divorce decree is acceptable if your name differs from that on any of your documents.
- Broker Pre-Licensing Course Completion: If you are applying online, you must upload a digital copy of this document when you apply. If you are applying by paper application, you must ensure this document is submitted with the paper application.
- Licensing Examination Score Report: You must submit the original score sheet you received from Pearson VUE after passing the licensing examination. If you are applying online, you must upload a digital copy of this document when you apply.
- Verification of Licensure: Verification of any registration/license/certification to practice any profession or occupation in another state or territory. Verifications must be submitted directly from the state of issuance by email or mail. You may find the verification form here.
- Broker or Broker Company Information: If you wish to have your license issued in an active status you will need to provide the names and license numbers of the broker or Broker Company you will be working under. If this section is left blank, your license will be issued in unassigned status unless you select inactive. You are required to complete continuing education (CE) in unassigned status. (Inactive and referral status does not require CE for renewal).
The Fair Information Practice Act: In compliance with Ind. Code 4-1-6, this agency is notifying you that you must provide the requested information, or your application will not be processed. You have the right to challenge, correct, or explain information maintained by this agency. The information you provide will become public record. Your examination scores and grade transcripts are confidential except in circumstances where their release is required by law, in which case you will be notified.
Mandatory Disclosure of U.S. Social Security Number: Your social security number is being requested by this state agency in accordance with Ind. Code 4-1-8-1 and 25-1-5- 11(a). Disclosure is mandatory, and this record cannot be processed without it. Failure to disclose your U.S. social security number will result in the denial of your application. Application fees are not refundable.
Abandon Applications: If an applicant does not submit all requirements within one (1) year after the date on which the application is filed, the application for licensure is abandoned without any action of the Board. An application submitted after an abandoned application shall be treated as a new application.
General Broker Information
Effective July 1, 2024, we will no longer accept paper applications for transfers:
The following transfers must be completed on INBIZ. Please sign in to your Access Indiana account at access.in.gov and click on the INBIZ link.
- Active to Unassigned
- Active to Inactive
- Active to Referral
- Unassigned to Active
- Inactive to Referral
- Referral to Inactive
At this time the following must be completed through a paper application. They will be available online soon:
- Managing broker wants to transfer out of the MB position or company.
- Broker is wanting to be the managing broker of a company.
- Inactive to Active status
- Referral to Active
Application For Activation of License - For inactive, referral or unassigned licensees wanting to Activate
Waiver of continuing education requirement
Real Estate Seller’s Disclosure Form
Irrevocable Consent to Waiver of Process by Out-of-State Commercial Broker
- Broker Company and Branch Office Information
Brokerage Company Application Instructions:
Applications for Broker Companies, Branch Offices, must now be submitted online at https://mylicense.in.gov/eGov/ML1PLA.html
A Brokerage Company must submit the following:
- Complete and pay for the Broker Company Application online at the above link
- Provide the Articles of Incorporation or Existence for the Broker Company (The Articles of Incorporation can be obtained through registration of the Business with the Secretary of State’s office.)
- Have a Managing Broker (must show Managing Broker eligible on our system and must be in Active status) assigned to the Company.
To obtain a Branch Office:
- Complete the Branch Office Application online at the above link
- You must link the Broker Company that you are wanting to apply a branch office to
- There is not a fee for a Branch Office.
TO CLOSE A Brokerage Company License:
Complete the attached above form and email it to pla5@pla.in.gov
Prior to submitting the above form, you must transfer all Brokers associated with the Company license you are closing to another Company or to Unassigned status by completing a Reassignment through INBiz at: https://www.in.gov/pla/professions/real-estate-home/real-estate-transfer-guide/
Managing Brokers cannot transfer through INBiz, but must submit a paper reassignment application (SF 47478)
- Managing Broker Information & Instructions
Managing Broker Information
Managing Broker Designation: A broker company must designate to the Commission a managing broker responsible for the company. Having the designation of Managing Broker Eligible on your license and being the managing broker of the company (designated individual responsible to Commission) are two different things. You can have the designation of managing broker eligible without being the manager of a company or branch office however you must have the designation of managing broker eligibility to be the manager of a company. The eligibility also allows you to operate as a sole proprietor without being associated to a company and to hold other licensees under your personal license, should you ever choose to do so.
The law requires that to qualify for the managing broker eligibility, one must a) hold an “Active” broker license for at least 2 years in the state of Indiana and b) complete a 24 hour managing broker course. Once you qualify, you can apply to the Commission for the eligibility. IC 25-34.1-4-0.5
All brokers are required to complete 12 hours of continuing education per year. If you have the Managing Broker Eligible designation on your license and either held your own license or managed a company at any time during the CE year, 4 of those 12 hours must be dedicated to the necessary business and management skills and legal knowledge needed by a managing broker
- Application for Designation as a Managing Broker: Submit this completed application to the Commission
- Managing Broker Course: Submit a copy of your Certificate of Completion from your Managing Broker Course
- No fee is required.
Managing Broker Question: There are several brokers in my company that have the Managing Broker Eligibility. How does someone know which one is the Manager?
Our Search and Verify site will list the manager as manager and rest of the associates as employer/employee under the Relationship section of Related Licenses.
- Continuing Education Applications
Go to MyLicense.IN.gov and you will either need to create or login to your Access Indiana, single sign-on account. You will complete the online application and submit payment with a credit or debit card. You will be contacted by a customer service representative with details of what additional documentation is required to complete your application.
Instructor License Application Instructions
- Completed Application: Applications may be submitted online at MyLicense.IN.gov.
- Application fee of $10.00: Pay by credit or debit card for applications submitted online. All application fees are nonrefundable.
- Positive Response Documentation: If you answer "Yes" to any questions on the application, explain fully in a statement that includes all details. Include the violation, location, date, and disposition. Submit copies of court documents for each instance to support the statement. If malpractice, provide the name(s) of the plaintiff(s). Letters from attorneys or insurance companies are not accepted in lieu of your statement, however they may accompany your affidavit.
- Name Change: A copy of an official name change document indicating any legal name change, a copy of a marriage certificate, or divorce decree is acceptable if your name differs from that on any of your documents..
- Instructor Assessment Program Examination: You must submit the original score sheet you received from after passing the instructor assessment program examination. If you are applying online, you must upload a digital copy of this document when you apply.
The Fair Information Practice Act: In compliance with Ind. Code 4-1-6, this agency is notifying you that you must provide the requested information, or your application will not be processed. You have the right to challenge, correct, or explain information maintained by this agency. The information you provide will become public record. Your examination scores and grade transcripts are confidential except in circumstances where their release is required by law, in which case you will be notified.
Mandatory Disclosure of U.S. Social Security Number: Your social security number is being requested by this state agency in accordance with Ind. Code 4-1-8-1 and 25-1-5- 11(a). Disclosure is mandatory, and this record cannot be processed without it. Failure to disclose your U.S. social security number will result in the denial of your application. Application fees are not refundable.
Abandon Applications: If an applicant does not submit all requirements within one (1) year after the date on which the application is filed, the application for licensure is abandoned without any action of the Board. An application submitted after an abandoned application shall be treated as a new application.
Continuing Education Applications
- Application - Apply online at https://mylicense.in.gov/eGov/ML1PLA.html
- Required Documentation: Please be prepared to upload the following with your application
- Course information (curriculum, brochure, etc.)
- Resumes of Instructors - Instructors must be licensed in Indiana, if they are not please submit an Instructors application and all requirements too.
- Sample Course
- Evaluation Form
- Sample CE Certificate
If you are an existing licensed CE Sponsor and need to make significant changes to your approved courses, please upload the following to your MyLicense One account no later than one (1) week prior to the next REEAC meeting. The schedule can be found on the Board Information page.
- Application - Continuing Education Sponsor Request for Approval of Significant Changes
- You must indicate on the form if the new classes are for Broker only, Broker & Managing Broker, or Managing Broker only.
- Required Documentation
- Course information (curriculum, brochure, etc.)
- Resumes of Instructors - Instructors must be licensed in Indiana, if they are not please submit an Instructors application and all requirements too.
- Sample Course
- Evaluation Form
- Sample CE Certificate
- Instructor Permit/School and Course Provider Applications
Go to MyLicense.IN.gov and you will either need to create or login to your Access Indiana, single sign-on account. You will complete the online application and submit payment with a credit or debit card. You will be contacted by a customer service representative with details of what additional documentation is required to complete your application.
Instructor License Application Instructions
- Completed Application: Applications may be submitted online at MyLicense.IN.gov.
- Application fee of $10.00: Pay by credit or debit card for applications submitted online. All application fees are nonrefundable.
- Positive Response Documentation: If you answer "Yes" to any questions on the application, explain fully in a statement that includes all details. Include the violation, location, date, and disposition. Submit copies of court documents for each instance to support the statement. If malpractice, provide the name(s) of the plaintiff(s). Letters from attorneys or insurance companies are not accepted in lieu of your statement, however they may accompany your affidavit.
- Name Change: A copy of an official name change documentation indicating any legal name change, a copy of a marriage certificate, or divorce decree is acceptable if your name differs from that on any of your documents.
- Instructor Assessment Program Examination: You must submit the original score sheet you received from after passing the instructor assessment program examination. If you are applying online, you must upload a digital copy of this document when you apply. If you are applying by paper application, you must ensure this document is submitted with the paper application.
- Licensing Examination Score Report: You must submit the original score sheet you received from Pearson VUE after passing the licensing examination. If you are applying online, you must upload a digital copy of this document when you apply.
The Fair Information Practice Act: In compliance with Ind. Code 4-1-6, this agency is notifying you that you must provide the requested information, or your application will not be processed. You have the right to challenge, correct, or explain information maintained by this agency. The information you provide will become public record. Your examination scores and grade transcripts are confidential except in circumstances where their release is required by law, in which case you will be notified.
Mandatory Disclosure of U.S. Social Security Number: Your social security number is being requested by this state agency in accordance with Ind. Code 4-1-8-1 and 25-1-5- 11(a). Disclosure is mandatory, and this record cannot be processed without it. Failure to disclose your U.S. social security number will result in the denial of your application. Application fees are not refundable.
Abandon Applications: If an applicant does not submit all requirements within one (1) year after the date on which the application is filed, the application for licensure is abandoned without any action of the Board. An application submitted after an abandoned application shall be treated as a new application.
Pre-Licensing Education Course Applications
1. Application Fee: $50.00
2. Application: Pre-Licensing Course School Site
Renewal Instructions
- Renewal Information
Renewal Information
Renew your license by going to MyLicense.IN.gov. Renewal notices are sent approximately ninety (90) days prior to the expiration date. Licensees with a valid email address on file will be emailed the renewal information. Licensees that do not have a valid email address on file will be mailed license renewal information. This notice is mailed to the licensee's address of record with the Board. You do not have to submit your CE certificates during renewal, after the renewal period is over the Commission will do an audit. If you are chosen you will receive an emailed notice to submit copies of your CE certificates at that time. You should NOT renew your license until you have obtained all of your CE for that renewal period.
Real Estate Schools and CE Sponsor - RE Broker licenses will Renew Online through MyLicense One.
- Reinstatement Information
If your Real Estate Broker license has been expired for three or more years, you must reinstate your license to practice. Please submit your reinstatement online with the additional documentation:
- Reinstate Online!
- Documentation to Upload:
- Proof of Continuing Education
- Expired for 3 or more years, complete 36 hours of continuing education and you must retake only the State portion of the exam; when applying to retake the state exam please choose "reinstatement". You must obtain a letter from PLA that states you only have to take the state portion of the exam before scheduling your exam.
- Expired for 9 or more years, complete the 90-hour pre-license course and retake both the National Exam and State exam
- Licensing Examination Score Report: You must submit the original score sheet you received from Pearson VUE after passing the licensing examination.
- Broker/Company Information
- Licensees wishing to reinstate to an Active or Referral status will need to print the Real Estate Broker Reinstatement Form. The licensee will need to complete their name and license number on the form. The broker or company they are wishing to associate with upon reinstatement will complete the Broker/Company Information with the broker's signature. The licensee will provide a digital copy of this form and upload it during the reinstatement process.
- Proof of Continuing Education
Upon receipt of the above items the Board will determine if you will need to complete any other additional training.
Real Estate Broker Company/Branch/CE Provider/Pre-Course Provider
If your facility has been expired for three or more years, you may now reinstate online at MyLicense.IN.gov. In order to do this, you must have your license number and Registration Code. If you need your registration code, contact PLA at 317-232-2960 for the Call Center or email pla5@pla.in.gov. - Continuing Education Requirements
Continuing Education Requirements
Quick Facts:
CE Year Example Below
July 1, 2023 - June 30, 2024 12 Hours CE
July 1, 2024 - June 30, 2025 12 Hours CE
July 1, 2025 - June 30, 2026 12 Hours CE- Brokers are required to complete 12 hours of CE every year from July 1st to June 30th.
- If your license status is ACTIVE or UNASSIGNED, you must complete the required CE to renew the license.
- If your license status is INACTIVE or REFERRAL, you are not required to complete CE to renew the license.
- If your license was issued on July 1, 2014 or after, you are required to complete the post-licensing education within 2 years of the date of issuance.
- Post-licensing education can be counted towards the required continuing education as outlined in 876 IAC 7-4-2.
- If you also hold the Managing Broker eligibility, 4 hours of the required 12 hours must be managing broker CE as outlined in 876 IAC 7-5-2.
- If you also hold an Instructor Permit, 4 hours of the required 12 hours must be instructor specific CE as outlined in 876 IAC 7-5-3.
- Post Licensing Education Requirements
Commission Requirements Concerning Continuing Education
The continuing education requirements mandated by the Commission are found in the Indiana Administrative Code. Below are excerpts from the IAC concerning those requirements.
Rule 4. Postlicensing Education
876 IAC 7-4-1 Scope of rule
Authority: IC 25-34.1-2-5; IC 25-34.1-3-10
Affected: IC 25-34.1-3-4.1; IC 25-34.1-3-10.5
Sec. 1. This rule establishes requirements for postlicensing education required under IC 25-34.1-3-4.1(f).
(Indiana Real Estate Commission; 876 IAC 7-4-1; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-4-2 Postlicensing education required
Authority: IC 25-34.1-2-5; IC 25-34.1-3-10
Affected: IC 25-1-4; IC 25-34.1-9
Sec. 2. (a) An individual issued a broker license after June 30, 2014, must, during the first two (2) years after the license was issued, take and pass thirty (30) hours of commission approved postlicensing education as provided for in section 3 of this rule.
(b) Failure of a broker to complete the thirty (30) hours of commission approved postlicensing education required by subsection (a) will subject the broker to action under IC 25-1-4.
(c) Completion of thirty (30) hours of postlicensing education as provided for in this rule fully satisfies any continuing education that otherwise would have been required under IC 25-34.1-9 and 876 IAC 7-5 for two (2) continuing education years. The continuing education year during which the broker is initially licensed shall not count toward calculating the two (2) continuing education years. Therefore, the broker shall not be required to obtain continuing education under IC 25-34.1-9 and 876 IAC 7-5 until the third continuing education year after the continuing education year in progress when the broker is initially licensed.
(Indiana Real Estate Commission; 876 IAC 7-4-2; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-4-3 Approved postlicensing educational courses
Authority: IC 25-34.1-2-5; IC 25-34.1-3-10
Affected: IC 25-34.1-3-4.1; IC 25-34.1-3-10.5
Sec. 3. A broker must complete within the first two (2) years of licensure thirty (30) hours of approved postlicensing education consisting of the following:
(1) Six (6) hours of instruction in Indiana real estate transactions that includes the following:
(A) Unauthorized practice of law as follows:
(i) The dangers of unauthorized practice of law by real estate brokers.
(ii) Penalties.
(iii) Indiana State Bar Association vs. Indiana Real Estate Association, 1963.
(B) Contracts as follows:
(i) Elements of a contract.
(ii) Formation of a contract.
(iii) Issues affecting validity as follows:
(AA) Consideration.
(BB) Legal capacity of the parties.
(CC) Conditions affecting validity.
(iv) Obligations of the parties.
(v) Disputes and litigation.
(vi) License law issues.
(vii) Agency relationships.
(C) Listing/purchase agreements as follows:
(i) Listing agreements as follows:
(AA) Parties to the contract.
(BB) License law issues and agency disclosure.
(CC) Formation of the contract agreement (offer and acceptance).
(DD) Determining the listing price.
(EE) Terms of the listing agreement (length, compensation, etc).
(FF) Types of listings.
(GG) Permission for advertising.
(HH) Fair housing laws.
(II) Obligations of the parties.
(JJ) Termination of the listing.
(KK) Residential seller's disclosure form.
(LL) Lead-based paint form.
(ii) Purchase agreements as follows:
(AA) Parties to the contract.
(BB) License law and the purchase agreement.
(CC) Formation of the contract.
(DD) Property description.
(EE) Dealing with personal property.
(FF) Negotiating the price and terms.
(GG) Earnest money.
(HH) Method of payment.
(II) Appraisals.
(JJ) "Time is of the Essence".
(KK) Possession issues.
(LL) Surveys.
(MM) Flood insurance and homeowners insurance.
(NN) Environmental concerns.
(OO) Inspections process and issues.
(PP) Home warranties.
(QQ) Residential seller's disclosure form.
(RR) Lead-based paint form.
(SS) Title approval.
(TT) Real estate taxes.
(UU) Homeowners/condo associations.
(VV) Additional provisions.
(WW) Further conditions section.
(XX) Signatures of all parties.
(YY) Expiration.
(ZZ) Seller's potential responses.
(AAA) Brief discussion of procuring cause issues.
(iii) Required disclosures as follows:
(AA) Residential seller's disclosure form.
(BB) Lead-based paint disclosure form.
(CC) Agency relationships disclosure.
(D) Offers and counteroffers as follows:
(i) Presentation of offers as follows:
(AA) Written offers.
(BB) Verbal offers.
(ii) Owner response options/buyer or tenant response options as follows:
(AA) Acceptance.
(BB) Rejection.
(CC) Counter offer.
(DD) Letting an offer expire.
(iii) Confidentiality issues.
(iv) When does an offer become a contract?
(E) Closing process as follows:
(i) Learn your office policies and procedures.
(ii) The role of the title company.
(iii) The role of the lender.
(iv) The role of the listing broker.
(v) The role of the buyer/tenant broker.
(vi) The role of the limited agent.
(vii) The inspections process.
(viii) Surveys.
(ix) Zoning issues.
(x) Co-brokerage relationships.
(xi) Depositing the earnest money.
(xii) Closing documents.
(xiii) The closing statement.
(xiv) Broker's role at the actual closing.
(xv) After the closing.
(2) Six (6) hours of instruction in financing that includes the following:
(A) Financing and lending markets as follows:
(i) Primary mortgage market.
(ii) Secondary mortgage market.
(B) Mortgage fraud.
(C) Loan types as follows:
(i) Conventional and insured conventional loans.
(ii) FHA loans.
(iii) VA loans.
(iv) Land contracts.
(v) Other financing techniques.
(D) Good faith estimate (GFE) processing.
(E) Credit scoring as follows:
(i) The three (3) credit bureaus.
(ii) How credit scores are determined.
(iii) Rebuilding credit.
(3) Ten (10) hours of instruction in business planning/sales and marketing that includes the following:
(A) Business planning as follows:
(i) Contact database.
(ii) Budgeting.
(iii) Lead cultivation.
(iv) Buyer systems.
(v) Seller systems.
(B) Goal setting/time management as follows:
(i) Education.
(ii) Lead generation.
(iii) Networking.
(iv) Lead follow-up.
(v) Working with active buyers and sellers.
(C) Methods of growing business as follows:
(i) Prospecting.
(ii) Marketing.
(4) Five (5) hours of instruction in negotiating and counseling skills that includes basic negotiation styles of competing, collaborating, accommodating and the following:
(A) Negotiation principles and the phases of negotiation.
(B) Factors affecting the negotiation process.
(C) Cultural differences, language barriers, emotions, values/morals.
(D) Difficult situation or people, or both, as follows:
(i) Outcomes in negotiating.
(ii) Real estate counseling.
(E) Fee or free.
(F) Confidential advice to clients.
(G) Professional opinion vs. personal opinion.
(H) Counselors of real estate (CRE).
(5) One (1) hour of instruction in cultural diversity and fair housing that includes the following:
(A) Definitions.
(B) State and federal laws.
(C) Protected classes.
(D) Blockbusting.
(E) Prohibited practices.
(F) Enforcement.
(G) Diversity.
(6) Two (2) hours of instruction in construction that includes the following:
(A) Site preparation.
(B) Building codes.
(C) Building permits.
(D) Blueprints.
(E) Types.
(F) Styles.
(G) Foundation.
(H) Flooring.
(I) Framing (building envelope).
(J) Roof.
(K) Windows.
(L) Exterior doors.
(M) Interior finish work.
(N) Ventilation and moisture control.
(O) Heating and cooling.
(P) Plumbing.
(Q) Electrical.
(R) Building inspections/defects.
(S) Green building concepts.
(Indiana Real Estate Commission; 876 IAC 7-4-3; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-4-4 Postlicensure education required
Authority: IC 25-34.1-2-5; IC 25-34.1-3-10
Affected: IC 25-34.1-3-4.1; IC 25-34.1-3-10.5
Sec. 4. The thirty (30) hours of postlicensing education described in section 3 of this rule may be taken in one (1) thirty (30) hour course or in five (5) separate courses with:
(1) one (1) course consisting of the content required in section 3(1) of this rule;
(2) a second course consisting of the content required in section 3(2) of this rule;
(3) a third course consisting of the content required in section 3(3) of this rule;
(4) a fourth course consisting of the content required by section 3(4) of this rule;
(5) a fifth course consisting of the content required by section 3(5) of this rule; and
(6) a sixth course consisting of the content required by section 3(6) of this rule.
(Indiana Real Estate Commission; 876 IAC 7-4-4; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)Rule 5. Broker Continuing Education; Managing Broker Continuing Education; Instructor Continuing Education
876 IAC 7-5-1 Continuing education requirements
Authority: IC 25-34.1-9-21
Affected: IC 25-34.1
Sec. 1. (a) Every licensed real estate broker who has not been granted:
(1) an inactive license under IC 25-34.1-3-10; or
(2) a waiver under IC 25-34.1-9-19;
must complete at least twelve (12) hours per continuing education year of approved education courses under IC 25-34.1-9-11 and this article that are given by commission-approved sponsors.
(b) Brokers attending continuing education courses shall present a:
(1) government-issued photo identification; and
(2) proof of licensure as a real estate broker for inspection by the course sponsor or a person designated by the course sponsor.
(c) Measurements and reporting shall be in full hours with a fifty (50) minute instruction period equaling one (1) hour.
(d) A course shall be a minimum of a two (2) hour instruction period.(e) A minimum of two (2) hours and not more than eight (8) hours of instruction may be offered in a one (1) day course. However, instruction for an approved distance learning continuing education program under 876 IAC 7-6 may be more than eight (8) hours of instruction in a one (1) day course.
(f) A broker shall not be entitled to any continuing education credit for a course unless the broker completes the entire course.
(g) Any continuing education hours accumulated above the minimum requirement for a continuing education year shall not be carried forward to the next continuing education year.
(h) A broker who attends the same approved continuing education course more than once in the same continuing education year is only entitled to continuing education credit for one (1) course.
(i) An instructor shall be entitled to broker continuing education credit for broker courses the instructor teaches and instructor continuing education credit for instructor courses the instructor teaches. However, an instructor may not:
(1) be credited for more than twelve (12) hours of continuing education for instructing in any three (3) year licensure period;
(2) receive credit for repeated courses; or
(3) count instruction credit toward the continuing education specific to providing real estate instructors as required by IC 25-34.1-5-13 and IC 25-34.1-9-22.
(Indiana Real Estate Commission; 876 IAC 7-5-1; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-5-2 Continuing education requirements for managing brokers
Authority: IC 25-34.1-9-21
Affected: IC 25-34.1-9-11
Sec. 2. (a) Under IC 25-34.1-9-11, at least four (4) hours of the twelve (12) hours a broker that holds a managing broker designation is required to obtain in a continuing education year must be dedicated to the necessary business and management skills and legal knowledge needed by a managing broker.
(b) The four (4) hour requirement under subsection (a) shall apply in any continuing education year that the broker functions as a managing broker for any period of time.
(Indiana Real Estate Commission; 876 IAC 7-5-2; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-5-3 Continuing education requirements for instructors
Authority: IC 25-34.1-9-21
Affected: IC 25-34.1
Sec. 3. (a) As provided for by IC 25-34.1-5-13 and IC 25-34.1-9-12, an individual who holds a pre-licensing instructor permit under IC 25-34.1-5-13 or a continuing education instructor permit under IC 25-34.1-9-22 shall complete a minimum of four (4) hours per continuing education year of continuing education specific to providing real estate instruction.
(b) Continuing education completed to satisfy this section shall also count toward the continuing education requirement for a broker under IC 25-34.1-9-11.
(c) Provisions in 876 IAC 7-2, this rule, and 876 IAC 7-6 that apply to broker continuing education shall apply to instructor continuing education unless the context clearly requires otherwise.
(Indiana Real Estate Commission; 876 IAC 7-5-3; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)876 IAC 7-5-4 Curricula for brokers under IC 25-34.1-9-11(a)(1)
Authority: IC 25-34.1-9-21
Affected: IC 25-34.1-9-11
Sec. 4. (a) This section establishes the twelve (12) hour per continuing education year continuing education requirement under IC 25-34.1-9-11(a)(1) for brokers.
(b) To qualify for license renewal, brokers must have completed continuing education courses approved by the commission in any of the following subjects:
(1) The subjects listed in IC 25-34.1-9-11(a).
(2) Environmental issues.
(3) Ethics and standards.
(4) Time-shares, condominiums, and cooperatives.
(5) Investment real estate analysis.
(6) Any other course approved by the commission relating to real estate practices that is designed to directly enhance the broker's knowledge and skill in providing real estate services.
(c) Agency law under IC 25-34.1-9-11 shall be agency law applicable in Indiana.
(d) License and escrow law under IC 25-34.1-9-11 shall be licensure and escrow law applicable in Indiana.
(Indiana Real Estate Commission; 876 IAC 7-5-4; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)
Fee Schedule
- Real Estate Applications
Licenses Fee Penalty Total Broker $60 NA $60 Broker Company $50 NA $50 Continuing Education Provider $50 NA $50 - Real Estate Renewals
License Renewals (due every 3 years) Fee Penalty Total Broker $60 NA $60 Broker - Expired < 3 years $60 $50 $110 Broker Company $50 NA $50 Broker Company - Expired < 3 years $50 $50 $100 Broker Continuing Education Provider $50 NA $50 Broker Instructor $10 NA $10 Broker Reassignment Transfer Fee $10 NA $10 Broker Reinstatement Fee - Expired > 3 years $120 NA $120