Section 876IAC6-7-4. Education course; subject matter and hour requirements  


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  •    The subject matter and hour requirements for the twenty-four (24) hour educational course under this rule are as follows:

    Subject Area

    Number of Hours

    BROKERAGE OPERATIONS

     

     

    Broker Business Operations/Relationships

    2

     

    Agency Relationships

    1

     

    Law of Contract

    2

     

    Listing/Purchase Agreements/Other Forms

    2

     

    Closing the Transaction/Procedures/Issues

    2

     

    Trust Account Management

    1

    FINANCING AND APPRAISING

     

     

    Broker Price Opinion (BPO)/Uniform Standards of Professional Appraisal Practice

    2

     

    Financing and Lending Markets

    1

     

    Mortgage Fraud

    1

     

    Loan Types: Mortgage Markets

    1

     

    Credit Scoring

    1

    GOVERNMENT REGULATIONS

     

     

    Consumer Legislation

    1

     

    Land Use Controls/Environmental Issues

    1

    INDIANA LICENSE LAW AND PROFESSIONAL STANDARDS

     

     

    Indiana Real Estate License Law

    4

     

    Ethics in Real Estate

    2

    (Indiana Real Estate Commission; 876 IAC 6-7-4; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)