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Indiana Real Estate Commission Laws and Regulations

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INDIANA REAL ESTATE COMMISSION<br />

July 2008 Edition<br />

TABLE OF CONTENTS<br />

INDIANA CODE § 25-34.1 – <strong>Real</strong> <strong>Estate</strong> Brokers <strong>and</strong> Salespersons<br />

Chapter 1. Definitions <strong>and</strong> General Provisions IC 25-34.1-1 Page 5<br />

Chapter 2. Creation of <strong>Commission</strong> IC 25-34.1.2 Pages 5 - 6<br />

Chapter 3. Licensing IC 25-34.1-3 Pages 6 - 10<br />

Chapter 4. Principal Brokers IC 25-34.1-4 Pages 10 - 11<br />

Chapter 5. Educational Courses IC 25-34.1-5 Pages 11 - 12<br />

Chapter 6. Enforcement IC 25-34.1-6 Pages 12 - 13<br />

Chapter 7. <strong>Real</strong> <strong>Estate</strong> Recovery Fund IC 25-34.1-7 Pages 13 - 15<br />

Chapter 8. <strong>Real</strong> <strong>Estate</strong> Appraiser Licensure <strong>and</strong> Certification Board IC 25-34.1-8 Pages 15 - 17<br />

Chapter 9. Continuing Education IC 25-34.1-9 Pages 17 - 18<br />

Chapter 10. <strong>Real</strong> <strong>Estate</strong> Agency Relationships IC 25-34.1-10 Pages 18 - 21<br />

Non-Code Provisions P.L.145-2008 Pages 21 - 22<br />

INDIANA CODE § 23-1.5 – Professional Corporations<br />

Chapter 1. Definitions IC 23-1.5-1 Pages 23 - 24<br />

Chapter 2. Administrative Provisions IC 23-1.5-2 Pages 24 - 25<br />

Chapter 3. Ownership IC 23-1.5-3 Pages 25 - 27<br />

Chapter 4. Change of Corporate Form IC 23-1.5-4 Pages 27 - 28<br />

Chapter 5. Foreign Professional Corporations IC 23-1.5-5 Page 28<br />

INDIANA CODE § 24-2.6 – Special Provisions Concerning Certain Transactions<br />

Chapter 1. Interest Limits <strong>and</strong> Application of Other <strong>Laws</strong> IC 24-4.6-1 Page 29<br />

INDIANA CODE § 32-21 – Conveyance Procedures for <strong>Real</strong> Property<br />

Chapter 5. Residential <strong>Real</strong> <strong>Estate</strong> Sales Disclosure IC 32-21-5 Pages 30 - 31<br />

Chapter 6. Psychologically Affected Properties IC 32-21-6 Page 31<br />

INDIANA CODE § 25-1 – General Provisions<br />

Chapter 1.<br />

Evidence of License Applicant's Payment of Personal Property<br />

Taxes Required IC 25-1-1 Page 32<br />

Chapter 1.1. Effect of Criminal Convictions on Licensed or Registered Persons IC 25-1-1.1 Pages 32 - 33<br />

Chapter 1.2 . Effect of Delinquency in Child Support Payments on Licensed or Registered Persons IC 25-1-1.2 Pages 33 - 34<br />

Chapter 2. Renewal of Licenses Granted by State Agencies. Notice of Expiration IC 25-1-2 Pages 34 - 35<br />

Chapter 3. Civil Immunity of Regulatory Agencies IC 25-1-3 Pages 35 - 36<br />

Chapter 4. Continuing Education IC 25-1-4 Pages 36 - 38<br />

Chapter 6. Professional Licensing Agency IC 25-1-6 Pages 38 - 40<br />

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