876 Ind. Admin. Code 2-7-1
Current through December 25, 2024
Authority: IC 25-34.1-2-5
Affected: IC 25-34.1-5
Sec. 1.
The fundamentals of the real estate salesperson course are as follows:
FUNDAMENTALS OF REAL ESTATE SALESPERSON PRELICENSING COURSE MAJOR SUBJECT AREA EMPHASIS
| Subject Area | Number of Course Hours |
| Basic real estate concepts and course overview | 4.0 |
| Property ownership and interests | 3.0 |
| Transfer of title to real property | 2.0 |
| Land use controls | 1.0 |
| Real estate brokerage and law of agency | 3.0 |
| Fair housing | 1.0 |
| Real estate contracts | 6.0 |
| Landlord and tenant (including leases) | 1.0 |
| Real estate financing | 10.0 |
| Closing real estate transactions | 5.0 |
| Basic house construction | 1.0 |
| Property valuation | 7.0 |
| Real estate management | 1.0 |
| Property insurance | 1.0 |
| Federal income taxation of home ownership | 1.0 |
| License law, commission rules, and trust account guidelines | 7.0 |
| Total course hours | 54.0 |
876 IAC 2-7-1