Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 876. INDIANA REAL ESTATE COMMISSION |
Article 876IAC8. OPERATION OF BROKER COMPANIES AND OTHER PROVISIONS CONCERNING REAL ESTATE PRACTICE |
Rule 876IAC8-1. Operation of Broker Companies |
Section 876IAC8-1-9. Splitting commissions
Latest version.
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A listing broker may offer a portion of the broker's commission as an inducement to selling brokers to sell a particular property. Such commission must be paid to the selling broker, and in no case shall it be paid directly to a broker associated with the selling broker. (Indiana Real Estate Commission; 876 IAC 8-1-9; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)