IC 25-34.1-9-1 "Council" defined
Sec. 1. As used in this chapter, "council" refers to the real estate
education advisory council established by this chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-2 Real estate education advisory council; establishment
Sec. 2. The real estate education advisory council is established. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-3 Membership
Sec. 3. (a) The council consists of the following members
appointed by the commission:
(1) Three (3) members who represent residential real estate
sales practitioners.
(2) Three (3) members who represent other segments and
specialties of the real estate industry besides residential real
estate sales practitioners.
(3) One (1) member who represents real estate education.
(b) The commission shall appoint members from different
geographic areas of Indiana. Six (6) members of the council must be
members of Indiana real estate trade organizations. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-4 Term of office
Sec. 4. Each member of the council shall be appointed by the
commission for a two (2) year term. If a successor has not been
appointed, the current member serves until a successor is appointed
and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-5 Vacancies
Sec. 5. If a vacancy occurs on the council, the commission shall
appoint an individual to serve the unexpired term of the previous
member and until a successor is appointed and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-6 Removal for cause
Sec. 6. The commission may remove a member of the council for
cause. As added by P.L.120-1992, SEC.3. IC 25-34.1-9-7 Chair and vice chair
Sec. 7. The council shall elect from the council's membership a
chairman and a vice chairman. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-8 Meetings
Sec. 8. The council shall meet upon the call of the chairman or at
the request of the commission. The chairman shall establish the time
and place of all meetings. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-9 Implementation and courses under this chapter
Sec. 9. The council shall make recommendations to the
commission concerning the following:
(1) Requirements for sponsors of courses under this chapter.
(2) Requirements for instructors to be used by sponsors in
providing courses under this chapter.
(3) Requirements for the curricula in providing courses under
this chapter.
(4) Rules to implement this chapter.
(5) Other issues identified by the commission to implement this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-10 Completion of approved education requirement; exception
Sec. 10. Except for an individual who has been granted an
inactive license under IC 25-34.1-3-10, an individual who is licensed
as a real estate broker under IC 25-34.1-3-4.1 or a salesperson under
IC 25-34.1-3-3.1 must complete the approved education requirement
before the end of each renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-11 Approved education requirement
Sec. 11. (a) The approved education requirement is as follows:
(1) At least six (6) hours in any of the following subjects as
determined by the commission:
(A) License and escrow law.
(B) Anti-trust law.
(C) Civil rights law.
(D) Agency law.
(E) Listing contracts and purchase agreements.
(F) Ethics and professionals standards.
(G) Settlement procedures.
(H) Other courses approved by the commission.
(2) At least ten (10) hours of course work in any of the
following subjects as determined by the commission:
(A) Appraising.
(B) Property management.
(C) Farm property management.
(D) Commercial brokerage and leasing.
(E) Financing.
(F) Residential brokerage.
(G) Land development.
(H) Legislative issues affecting the real estate practice.
(I) Other courses approved by the commission.
(b) An attorney in good standing licensed to practice law in
Indiana may satisfy the requirements of subsection (a) by completing
the number of hours required by subsection (a) in continuing legal
education courses in the subject matters listed in subsection (a). As added by P.L.120-1992, SEC.3. Amended by P.L.182-1996,
SEC.4.
IC 25-34.1-9-12 Course sponsor; approval requirements
Sec. 12. To obtain approval as a continuing education course
sponsor, the sponsor must do the following:
(1) Provide the commission information on courses, curriculum,
and facilities as determined by the commission.
(2) Limit the number of credit hours that may be offered in a
twenty-four (24) hour period for the course to a number not
more than the amount established by the commission by rule.
(3) Provide each participant who successfully completes an
approved course a certificate that contains the following:
(A) The name of the participant.
(B) The name, address, and signature of the sponsor.
(C) The number of approved credit hours.
(D) The date of the program.
(E) Any other information required by the commission.
(4) Pay a fee determined by the commission.
(5) Meet any standard that the commission adopts by rule. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-13 Approved sponsor; records
Sec. 13. A continuing education sponsor that has received
approval under section 12 of this chapter must maintain records for
five (5) years of the participants who successfully complete and pass
the course. If the sponsor ceases operations, the owner shall place the
records in the care of a custodian that is approved by the
commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-14 Expiration of sponsor approval; renewal requirements
Sec. 14. (a) The approval for a sponsor for:
(1) a salesperson's course expires December 31 each
odd-numbered year; and
(2) a broker's course expires December 31 each even-numbered
year.
(b) A sponsor must submit:
(1) a letter requesting renewal of approval; and
(2) the renewal fee;
at least thirty (30) days before a sponsor's approval expires. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-15 Inspection; approved sponsor records and facilities
Sec. 15. The commission may inspect an approved sponsor's
records and facilities. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-16 Advertising sponsor or course
Sec. 16. (a) A person may advertise that the sponsor or the
sponsor's course is approved by the commission and fulfills the
requirements of the commission.
(b) A person may not advertise that the sponsor or the sponsor's
course is required or recommended by the commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-17 Renewal period; licensee exemption from continuing education
requirement
Sec. 17. A licensee who is initially licensed in the second year of
a renewal period is exempt from the continuing education
requirements under this chapter for that renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-18 Application for renewal; certification requirements
Sec. 18. An applicant for renewal must certify on the application
that the applicant:
(1) has complied with the continuing education requirements;
(2) is exempt from the continuing education requirement
because the individual has been licensed for less than one (1)
year; or
(3) has not complied with the continuing education
requirements but is seeking a waiver under section 19 of this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-19 Waiver conditions; continuing education requirement; prohibited
activity
Sec. 19. The commission may grant an applicant a waiver from
the continuing education requirement for the renewal period if the
applicant meets one (1) of the following conditions:
(1) Was not able to fulfill the requirement due to a hardship that
resulted from any of the following:
(A) Service in the armed forces of the United States during
a substantial part of the renewal period.
(B) An incapacitating illness.
(C) Other circumstances determined by the commission.
(2) Has certified on approved forms to the commission the
following:
(A) That the applicant has an active license but will not
perform an act that requires a salesperson or broker's license.
(B) That the applicant is affiliated with a principal broker for
the sole purpose of making referrals to a licensed
salesperson or broker.
An individual granted a waiver under this subdivision may not
perform an act that requires a salesperson or broker's license
until the individual has fulfilled the same continuing education
requirements needed to reactivate an inactive license under
IC 25-34.1-3-10(c) and 25-34.1-3-10(d). As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-20 Renewal license; denial
Sec. 20. Subject to IC 25-1-4, the commission may deny renewal
of the license of a licensee that does not fulfill the requirements of
this chapter. As added by P.L.120-1992, SEC.3. Amended by P.L.157-2006,
SEC.74.
IC 25-34.1-9-21 Implementation of chapter
Sec. 21. The commission may adopt rules under IC 4-22-2
necessary to implement this chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-1 "Council" defined
Sec. 1. As used in this chapter, "council" refers to the real estate
education advisory council established by this chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-2 Real estate education advisory council; establishment
Sec. 2. The real estate education advisory council is established. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-3 Membership
Sec. 3. (a) The council consists of the following members
appointed by the commission:
(1) Three (3) members who represent residential real estate
sales practitioners.
(2) Three (3) members who represent other segments and
specialties of the real estate industry besides residential real
estate sales practitioners.
(3) One (1) member who represents real estate education.
(b) The commission shall appoint members from different
geographic areas of Indiana. Six (6) members of the council must be
members of Indiana real estate trade organizations. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-4 Term of office
Sec. 4. Each member of the council shall be appointed by the
commission for a two (2) year term. If a successor has not been
appointed, the current member serves until a successor is appointed
and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-5 Vacancies
Sec. 5. If a vacancy occurs on the council, the commission shall
appoint an individual to serve the unexpired term of the previous
member and until a successor is appointed and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-6 Removal for cause
Sec. 6. The commission may remove a member of the council for
cause. As added by P.L.120-1992, SEC.3. IC 25-34.1-9-7 Chair and vice chair
Sec. 7. The council shall elect from the council's membership a
chairman and a vice chairman. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-8 Meetings
Sec. 8. The council shall meet upon the call of the chairman or at
the request of the commission. The chairman shall establish the time
and place of all meetings. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-9 Implementation and courses under this chapter
Sec. 9. The council shall make recommendations to the
commission concerning the following:
(1) Requirements for sponsors of courses under this chapter.
(2) Requirements for instructors to be used by sponsors in
providing courses under this chapter.
(3) Requirements for the curricula in providing courses under
this chapter.
(4) Rules to implement this chapter.
(5) Other issues identified by the commission to implement this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-10 Completion of approved education requirement; exception
Sec. 10. Except for an individual who has been granted an
inactive license under IC 25-34.1-3-10, an individual who is licensed
as a real estate broker under IC 25-34.1-3-4.1 or a salesperson under
IC 25-34.1-3-3.1 must complete the approved education requirement
before the end of each renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-11 Approved education requirement
Sec. 11. (a) The approved education requirement is as follows:
(1) At least six (6) hours in any of the following subjects as
determined by the commission:
(A) License and escrow law.
(B) Anti-trust law.
(C) Civil rights law.
(D) Agency law.
(E) Listing contracts and purchase agreements.
(F) Ethics and professionals standards.
(G) Settlement procedures.
(H) Other courses approved by the commission.
(2) At least ten (10) hours of course work in any of the
following subjects as determined by the commission:
(A) Appraising.
(B) Property management.
(C) Farm property management.
(D) Commercial brokerage and leasing.
(E) Financing.
(F) Residential brokerage.
(G) Land development.
(H) Legislative issues affecting the real estate practice.
(I) Other courses approved by the commission.
(b) An attorney in good standing licensed to practice law in
Indiana may satisfy the requirements of subsection (a) by completing
the number of hours required by subsection (a) in continuing legal
education courses in the subject matters listed in subsection (a). As added by P.L.120-1992, SEC.3. Amended by P.L.182-1996,
SEC.4.
IC 25-34.1-9-12 Course sponsor; approval requirements
Sec. 12. To obtain approval as a continuing education course
sponsor, the sponsor must do the following:
(1) Provide the commission information on courses, curriculum,
and facilities as determined by the commission.
(2) Limit the number of credit hours that may be offered in a
twenty-four (24) hour period for the course to a number not
more than the amount established by the commission by rule.
(3) Provide each participant who successfully completes an
approved course a certificate that contains the following:
(A) The name of the participant.
(B) The name, address, and signature of the sponsor.
(C) The number of approved credit hours.
(D) The date of the program.
(E) Any other information required by the commission.
(4) Pay a fee determined by the commission.
(5) Meet any standard that the commission adopts by rule. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-13 Approved sponsor; records
Sec. 13. A continuing education sponsor that has received
approval under section 12 of this chapter must maintain records for
five (5) years of the participants who successfully complete and pass
the course. If the sponsor ceases operations, the owner shall place the
records in the care of a custodian that is approved by the
commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-14 Expiration of sponsor approval; renewal requirements
Sec. 14. (a) The approval for a sponsor for:
(1) a salesperson's course expires December 31 each
odd-numbered year; and
(2) a broker's course expires December 31 each even-numbered
year.
(b) A sponsor must submit:
(1) a letter requesting renewal of approval; and
(2) the renewal fee;
at least thirty (30) days before a sponsor's approval expires. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-15 Inspection; approved sponsor records and facilities
Sec. 15. The commission may inspect an approved sponsor's
records and facilities. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-16 Advertising sponsor or course
Sec. 16. (a) A person may advertise that the sponsor or the
sponsor's course is approved by the commission and fulfills the
requirements of the commission.
(b) A person may not advertise that the sponsor or the sponsor's
course is required or recommended by the commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-17 Renewal period; licensee exemption from continuing education
requirement
Sec. 17. A licensee who is initially licensed in the second year of
a renewal period is exempt from the continuing education
requirements under this chapter for that renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-18 Application for renewal; certification requirements
Sec. 18. An applicant for renewal must certify on the application
that the applicant:
(1) has complied with the continuing education requirements;
(2) is exempt from the continuing education requirement
because the individual has been licensed for less than one (1)
year; or
(3) has not complied with the continuing education
requirements but is seeking a waiver under section 19 of this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-19 Waiver conditions; continuing education requirement; prohibited
activity
Sec. 19. The commission may grant an applicant a waiver from
the continuing education requirement for the renewal period if the
applicant meets one (1) of the following conditions:
(1) Was not able to fulfill the requirement due to a hardship that
resulted from any of the following:
(A) Service in the armed forces of the United States during
a substantial part of the renewal period.
(B) An incapacitating illness.
(C) Other circumstances determined by the commission.
(2) Has certified on approved forms to the commission the
following:
(A) That the applicant has an active license but will not
perform an act that requires a salesperson or broker's license.
(B) That the applicant is affiliated with a principal broker for
the sole purpose of making referrals to a licensed
salesperson or broker.
An individual granted a waiver under this subdivision may not
perform an act that requires a salesperson or broker's license
until the individual has fulfilled the same continuing education
requirements needed to reactivate an inactive license under
IC 25-34.1-3-10(c) and 25-34.1-3-10(d). As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-20 Renewal license; denial
Sec. 20. Subject to IC 25-1-4, the commission may deny renewal
of the license of a licensee that does not fulfill the requirements of
this chapter. As added by P.L.120-1992, SEC.3. Amended by P.L.157-2006,
SEC.74.
IC 25-34.1-9-21 Implementation of chapter
Sec. 21. The commission may adopt rules under IC 4-22-2
necessary to implement this chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-1 "Council" defined
Sec. 1. As used in this chapter, "council" refers to the real estate
education advisory council established by this chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-2 Real estate education advisory council; establishment
Sec. 2. The real estate education advisory council is established. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-3 Membership
Sec. 3. (a) The council consists of the following members
appointed by the commission:
(1) Three (3) members who represent residential real estate
sales practitioners.
(2) Three (3) members who represent other segments and
specialties of the real estate industry besides residential real
estate sales practitioners.
(3) One (1) member who represents real estate education.
(b) The commission shall appoint members from different
geographic areas of Indiana. Six (6) members of the council must be
members of Indiana real estate trade organizations. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-4 Term of office
Sec. 4. Each member of the council shall be appointed by the
commission for a two (2) year term. If a successor has not been
appointed, the current member serves until a successor is appointed
and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-5 Vacancies
Sec. 5. If a vacancy occurs on the council, the commission shall
appoint an individual to serve the unexpired term of the previous
member and until a successor is appointed and qualified. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-6 Removal for cause
Sec. 6. The commission may remove a member of the council for
cause. As added by P.L.120-1992, SEC.3. IC 25-34.1-9-7 Chair and vice chair
Sec. 7. The council shall elect from the council's membership a
chairman and a vice chairman. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-8 Meetings
Sec. 8. The council shall meet upon the call of the chairman or at
the request of the commission. The chairman shall establish the time
and place of all meetings. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-9 Implementation and courses under this chapter
Sec. 9. The council shall make recommendations to the
commission concerning the following:
(1) Requirements for sponsors of courses under this chapter.
(2) Requirements for instructors to be used by sponsors in
providing courses under this chapter.
(3) Requirements for the curricula in providing courses under
this chapter.
(4) Rules to implement this chapter.
(5) Other issues identified by the commission to implement this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-10 Completion of approved education requirement; exception
Sec. 10. Except for an individual who has been granted an
inactive license under IC 25-34.1-3-10, an individual who is licensed
as a real estate broker under IC 25-34.1-3-4.1 or a salesperson under
IC 25-34.1-3-3.1 must complete the approved education requirement
before the end of each renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-11 Approved education requirement
Sec. 11. (a) The approved education requirement is as follows:
(1) At least six (6) hours in any of the following subjects as
determined by the commission:
(A) License and escrow law.
(B) Anti-trust law.
(C) Civil rights law.
(D) Agency law.
(E) Listing contracts and purchase agreements.
(F) Ethics and professionals standards.
(G) Settlement procedures.
(H) Other courses approved by the commission.
(2) At least ten (10) hours of course work in any of the
following subjects as determined by the commission:
(A) Appraising.
(B) Property management.
(C) Farm property management.
(D) Commercial brokerage and leasing.
(E) Financing.
(F) Residential brokerage.
(G) Land development.
(H) Legislative issues affecting the real estate practice.
(I) Other courses approved by the commission.
(b) An attorney in good standing licensed to practice law in
Indiana may satisfy the requirements of subsection (a) by completing
the number of hours required by subsection (a) in continuing legal
education courses in the subject matters listed in subsection (a). As added by P.L.120-1992, SEC.3. Amended by P.L.182-1996,
SEC.4.
IC 25-34.1-9-12 Course sponsor; approval requirements
Sec. 12. To obtain approval as a continuing education course
sponsor, the sponsor must do the following:
(1) Provide the commission information on courses, curriculum,
and facilities as determined by the commission.
(2) Limit the number of credit hours that may be offered in a
twenty-four (24) hour period for the course to a number not
more than the amount established by the commission by rule.
(3) Provide each participant who successfully completes an
approved course a certificate that contains the following:
(A) The name of the participant.
(B) The name, address, and signature of the sponsor.
(C) The number of approved credit hours.
(D) The date of the program.
(E) Any other information required by the commission.
(4) Pay a fee determined by the commission.
(5) Meet any standard that the commission adopts by rule. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-13 Approved sponsor; records
Sec. 13. A continuing education sponsor that has received
approval under section 12 of this chapter must maintain records for
five (5) years of the participants who successfully complete and pass
the course. If the sponsor ceases operations, the owner shall place the
records in the care of a custodian that is approved by the
commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-14 Expiration of sponsor approval; renewal requirements
Sec. 14. (a) The approval for a sponsor for:
(1) a salesperson's course expires December 31 each
odd-numbered year; and
(2) a broker's course expires December 31 each even-numbered
year.
(b) A sponsor must submit:
(1) a letter requesting renewal of approval; and
(2) the renewal fee;
at least thirty (30) days before a sponsor's approval expires. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-15 Inspection; approved sponsor records and facilities
Sec. 15. The commission may inspect an approved sponsor's
records and facilities. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-16 Advertising sponsor or course
Sec. 16. (a) A person may advertise that the sponsor or the
sponsor's course is approved by the commission and fulfills the
requirements of the commission.
(b) A person may not advertise that the sponsor or the sponsor's
course is required or recommended by the commission. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-17 Renewal period; licensee exemption from continuing education
requirement
Sec. 17. A licensee who is initially licensed in the second year of
a renewal period is exempt from the continuing education
requirements under this chapter for that renewal period. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-18 Application for renewal; certification requirements
Sec. 18. An applicant for renewal must certify on the application
that the applicant:
(1) has complied with the continuing education requirements;
(2) is exempt from the continuing education requirement
because the individual has been licensed for less than one (1)
year; or
(3) has not complied with the continuing education
requirements but is seeking a waiver under section 19 of this
chapter. As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-19 Waiver conditions; continuing education requirement; prohibited
activity
Sec. 19. The commission may grant an applicant a waiver from
the continuing education requirement for the renewal period if the
applicant meets one (1) of the following conditions:
(1) Was not able to fulfill the requirement due to a hardship that
resulted from any of the following:
(A) Service in the armed forces of the United States during
a substantial part of the renewal period.
(B) An incapacitating illness.
(C) Other circumstances determined by the commission.
(2) Has certified on approved forms to the commission the
following:
(A) That the applicant has an active license but will not
perform an act that requires a salesperson or broker's license.
(B) That the applicant is affiliated with a principal broker for
the sole purpose of making referrals to a licensed
salesperson or broker.
An individual granted a waiver under this subdivision may not
perform an act that requires a salesperson or broker's license
until the individual has fulfilled the same continuing education
requirements needed to reactivate an inactive license under
IC 25-34.1-3-10(c) and 25-34.1-3-10(d). As added by P.L.120-1992, SEC.3.
IC 25-34.1-9-20 Renewal license; denial
Sec. 20. Subject to IC 25-1-4, the commission may deny renewal
of the license of a licensee that does not fulfill the requirements of
this chapter. As added by P.L.120-1992, SEC.3. Amended by P.L.157-2006,
SEC.74.
IC 25-34.1-9-21 Implementation of chapter
Sec. 21. The commission may adopt rules under IC 4-22-2
necessary to implement this chapter. As added by P.L.120-1992, SEC.3.
