Section 876 IAC 6-6-3 - Examinations; passing scoreAuthority: IC 25-34.1-2-5
Affected: IC 25-34.1-3-3.1; IC 25-34.1-3-4.1
Sec. 3.
(a) The broker examination shall be a standardized examination for the testing of real estate brokers. The examination required of all applicants for licensure shall be divided into the following two (2) sections: (1) General real estate practices.(2) Indiana licensure law.(b) Applicants for licensure by reciprocity shall only be required to take and pass the Indiana licensure law section of the broker examination.(c) The examination will be electronically administered by the commission's duly appointed agent. However, individuals who are unable to take the electronically administered examination because of a disability may apply to take it on paper.(d) An applicant shall be deemed to have passed the examination upon attaining a score of at least seventy-five percent (75%) on each section.(e) If the applicant passes one (1) section of the examination, the applicant is credited for the section the applicant has passed and is not required to retake the section of the examination unless the applicant is retaking the examination after having to again comply with the education requirement in section 1(b) of this rule.Filed 5/22/2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff 7/1/2014Readopted filed 11/19/2020, 9:56 a.m.: 20201216-IR-876200513RFAReadopted filed 3/21/2024, 4:07 p.m.: 20240417-IR-876230829RFA