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Indiana Administrative Code (Last Updated: December 20, 2016) |
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Title 876. INDIANA REAL ESTATE COMMISSION |
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Article 876IAC6. REAL ESTATE SCHOOLS; PRELICENSING EDUCATION; EXAMINATION |
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Rule 876IAC6-7. Transition Requirements for Certain Inactive Brokers to Activate and Certain Referral Status Brokers to be Removed from Referral Status |
Section 876IAC6-7-3. Applicability of broker course provisions
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(a) The broker course requirements stated in 876 IAC 6-1 through 876 IAC 6-5 shall apply to the twenty-four (24) hour educational course under this rule except for the following, which shall not apply:
(1) 876 IAC 6-4-1.
(2) 876 IAC 6-4-4.
(3) 876 IAC 6-5-6.
(b) 876 IAC 6-4-3 shall apply except that the attendance requirement in 876 IAC 6-4-3(a) shall be one hundred percent (100%) for the twenty-four (24) hour educational course.
(c) The limitation in IC 25-34.1-5-4(a)(2) to thirty-five (35) students per instructor per classroom does not apply to the twenty-four (24) hour educational course under this rule.
(d) Except for real estate schools that are applying after the effective date of this rule for initial approval, approval of broker courses under this rule shall be considered significant changes under IC 25-34.1-5-8 and 876 IAC 6-2-8. (Indiana Real Estate Commission; 876 IAC 6-7-3; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)