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 876IAC8-2. Listing Agreements, Offers to Purchase and Other Provisions Concerning Real Estate Practice |
Section 876IAC8-2-6. Disclosure of interest by broker
Latest version.
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A broker shall not directly or indirectly buy, offer to buy, sell, offer to sell, or receive compensation for real estate in which the broker owns an interest, unless the broker discloses in writing the:
(1) broker's interest in the real estate to all parties to the transaction; and
(2) fact that the broker holds a valid real estate license.
(Indiana Real Estate Commission; 876 IAC 8-2-6; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)