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Indiana Real Estate Broker State-Specific Examination — Information & Free Practice

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Indiana Real Estate Broker State-Specific Examination

Provider
Pearson VUE
Format
Computer-administered multiple-choice examination
Exam questions
50 scored items plus 5–10 unscored pretest items
Passing score
75 on the scaled-score scale
Examination outline
  • I. THE INDIANA REAL ESTATE COMMISSION (5 ITEMS)
    • A. General Powers and Duties
    • B. Examination of Records
    • C. Investigations, Hearings, and Appeals
    • D. Disciplinary Sanctions
    • D. Disciplinary Sanctions — 1. Cease and Desist Orders
    • D. Disciplinary Sanctions — 2. License Suspension/Revocation
    • D. Disciplinary Sanctions — 3. Other Sanctions and Civil Penalties
    • D. Disciplinary Sanctions — 4. Consumer Restitution/Recovery Fund
  • II. LICENSING (9 ITEMS)
    • A. Activities Requiring a License
    • B. Exemptions and Waivers
    • C. Types of Licenses
    • C. Types of Licenses — 1. Individual
    • C. Types of Licenses — 2. Organizational
    • C. Types of Licenses — 3. Resident/Nonresident
    • C. Types of Licenses — 4. Other
    • D. License Maintenance
    • D. License Maintenance — 1. Post-Licensing Education
    • D. License Maintenance — 2. Renewals
    • D. License Maintenance — 3. Transfers/Changes
    • D. License Maintenance — 3. Transfers/Changes — a. Agents Changing Brokers
    • D. License Maintenance — 3. Transfers/Changes — b. Broker Termination of Agent
    • D. License Maintenance — 4. Continuing education
    • D. License Maintenance — 4. Continuing education — a. Managing Broker
    • D. License Maintenance — 4. Continuing education — b. Broker
    • D. License Maintenance — 5. Active/Inactive Status, Assigned, Unassigned Status, Referral Status
  • III. STATUTORY & REGULATORY REQUIREMENTS (12 ITEMS)
    • A. Advertising
    • B. Commissions and Other Compensations
    • C. Brokerage Agreements
    • C. Brokerage Agreements — 1. Listing Agreements
    • C. Brokerage Agreements — 2. Exclusive Buyer/Tenant Agency Agreement
    • C. Brokerage Agreements — 3. Leasing
    • C. Brokerage Agreements — 4. Property Management Agreements
    • D. Offers to Purchase
    • E. Earnest Money and Trust Accounts
    • F. Appraisals
    • G. Seller’s Residential Real Estate Sales Disclosure
    • H. Psychologically Affected Properties
  • IV. STATUTES & RULES GOVERNING LICENSEES (17 ITEMS)
    • A. Real Estate Agency Relationships
    • A. Real Estate Agency Relationships — 1. Types of Agency and Definitions
    • A. Real Estate Agency Relationships — 2. Agency and Disclosures
    • A. Real Estate Agency Relationships — 3. Written Office Policies on Agency
    • B. Licensee Conduct
    • B. Licensee Conduct — 1. Unfair Inducements
    • B. Licensee Conduct — 2. Incompetent Practices
    • B. Licensee Conduct — 3. Professional Standards
    • B. Licensee Conduct — 4. Disclosures and Other Issues
  • V. REAL ESTATE OFFICE PROCEDURES (7 ITEMS)
    • A. Documents and Records
    • B. Handling of Monies
    • C. Place of Business
    • D. Branch Offices
    • E. Unlicensed Assistants
    • F. Closing Procedures
    • G. Managing Broker/Broker Relationship
    • G. Managing Broker/Broker Relationship — 1. General Supervision
    • G. Managing Broker/Broker Relationship — 2. Employment and Commissions Issues
    • H. Broker Company/Broker Company Relationship
Examination sources

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This examination may be required or accepted as an alternative, depending on the license and application pathway.