Authority: IC 25-34.1-2-5
Affected: IC 25-34.1-4.5
Sec. 4.
The subject matter and hour requirements for the twenty-four (24) hour broker course under this rule are as follows:
Subject Area | Number of Hours | |
BROKERAGE OPERATIONS | ||
Broker Business Operations/Relationships | 2 | |
Agency Relationships | 1 | |
Law of Contract | 2 | |
Listing/Purchase Agreements/Other Forms | 2 | |
Closing the Transaction/Procedures/Issues | 2 | |
Trust Account Management | 1 | |
FINANCING AND APPRAISING | ||
Broker Price Opinion (BPO)/Uniform Standards of Professional Appraisal Practice (USPAP) | 2 | |
Financing and Lending Markets | 1 | |
Mortgage Fraud | 1 | |
Loan Types: Mortgage Markets | 1 | |
Credit Scoring | 1 | |
GOVERNMENT REGULATIONS | ||
Consumer Legislation | 1 | |
Land Use Controls/Environmental Issues | 1 | |
INDIANA LICENSE LAW AND PROFESSIONAL STANDARDS | ||
Indiana Real Estate License Law | 4 | |
Ethics in Real Estate | 2 |
876 IAC 2-15.1-4