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Which Indiana state agency oversees the Indiana Real Estate Commission (IREC) and issues real estate licenses?

A
B
C
D
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Key Facts: IN Real Estate Exam

130 Q

Exam Length

Pearson VUE IN broker candidate bulletin

85 + 45

National + State Split

Pearson VUE IN broker candidate bulletin

75%

Passing Score (Each Portion)

Indiana PLA

90 hrs

Pre-License Education

PLA licensing requirements

$55

Pearson VUE Exam Fee

Pearson VUE IN fee schedule

12 hrs/yr

Annual CE Requirement

Indiana PLA

Indiana calls its entry-level real estate license a 'broker' license (not salesperson). The state requires 90 hours of pre-license education across three 30-hour courses. Pearson VUE administers the 130-question exam (85 national + 45 state) with 75% required on each portion. The Professional Licensing Agency (PLA) oversees real estate licensing. Indiana requires broker supervision for all transactions, mandates escrow account compliance, and imposes 12 hours of annual continuing education.

Sample IN Real Estate Practice Questions

Try these sample questions to test your IN Real Estate exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 200+ question experience with AI tutoring.

1Which Indiana state agency oversees the Indiana Real Estate Commission (IREC) and issues real estate licenses?
A.Indiana Secretary of State
B.Indiana Professional Licensing Agency (PLA)
C.Indiana Department of Commerce
D.Indiana Attorney General's Office
Explanation: The Indiana Professional Licensing Agency (PLA) oversees the Indiana Real Estate Commission (IREC) and is responsible for issuing, renewing, and regulating real estate licenses in Indiana. The PLA provides administrative support to over 35 professional licensing boards and committees, including real estate. The Secretary of State handles business entities, the Department of Commerce focuses on economic development, and the Attorney General handles legal matters.
2What is the minimum age requirement to obtain an Indiana real estate broker license?
A.18 years old
B.19 years old
C.21 years old
D.25 years old
Explanation: Indiana requires real estate broker license applicants to be at least 18 years of age. This is consistent with most states' minimum age requirements for real estate licensure. There is no higher age requirement for a standard broker license in Indiana.
3How many hours of pre-license education does Indiana require to obtain a broker license?
A.45 hours
B.60 hours
C.90 hours
D.120 hours
Explanation: Indiana requires 90 hours of approved pre-license education to qualify for a broker license. This coursework covers topics including real estate law, contracts, financing, property management, and Indiana-specific regulations. The education must be completed at an approved provider before taking the licensing examination.
4What is the passing score required on the Indiana real estate broker licensing exam?
A.60%
B.65%
C.70%
D.75%
Explanation: The Indiana real estate broker licensing exam requires a passing score of 70% on both the national portion and the state-specific portion. Candidates must pass both portions within one year of the first examination attempt to obtain licensure. The exam is administered by PSI Services.
5How many hours of continuing education must an Indiana broker complete for license renewal?
A.8 hours annually
B.12 hours annually
C.16 hours every two years
D.24 hours every three years
Explanation: Indiana requires brokers to complete 12 hours of continuing education annually for license renewal. This includes a mandatory core course covering Indiana real estate law and Commission updates, plus elective hours. The continuing education must be completed before the license expiration date to maintain an active license.
6What is the term length for an Indiana real estate broker license?
A.One year
B.Two years
C.Three years
D.Four years
Explanation: An Indiana real estate broker license is valid for one year and must be renewed annually by June 30th. All brokers must complete their 12 hours of continuing education and pay the renewal fee before the expiration date to avoid license lapse. This annual renewal cycle is shorter than many other states that use two or four-year cycles.
7Which of the following is NOT a requirement to obtain an Indiana real estate broker license?
A.High school diploma or GED
B.Completion of 90 hours of pre-license education
C.Passage of a background check
D.Two years of experience as a salesperson
Explanation: Indiana does NOT require prior experience as a salesperson to obtain a broker license. The state eliminated the salesperson designation, so all entry-level licensees are called brokers. Requirements include being 18 or older, having a high school diploma or GED, completing 90 hours of pre-license education, passing the examination, and passing a background check.
8What is the role of the Indiana Real Estate Commission (IREC)?
A.To provide real estate training courses
B.To act as the regulatory body that establishes rules and standards for real estate licensees
C.To sell real estate on behalf of the state
D.To set property tax rates
Explanation: The Indiana Real Estate Commission (IREC) serves as the regulatory body that establishes rules, standards, and regulations for real estate licensees in Indiana. The Commission adopts rules, investigates complaints, disciplines licensees who violate the law, and works to protect the public in real estate transactions. IREC does not provide training, sell property, or set tax rates.
9How long does a candidate have to pass both portions of the Indiana broker exam after the first attempt?
A.6 months
B.One year
C.Two years
D.No time limit
Explanation: Candidates have one year from the date of their first examination attempt to pass both the national and state portions of the Indiana broker exam. If both portions are not passed within one year, the candidate must reapply and begin the examination process again. This time limit encourages timely completion of the licensing process.
10An Indiana managing broker must have how many years of active experience as a broker?
A.1 year
B.2 years
C.3 years
D.5 years
Explanation: To qualify as a managing broker in Indiana, a broker must have at least two years of active experience as a licensed broker within the preceding five years. The managing broker is responsible for supervising all brokers in the office, maintaining trust accounts, and ensuring compliance with Indiana real estate law.

About the IN Real Estate Exam

The Indiana real estate broker exam covers national real estate fundamentals plus Indiana-specific topics including Professional Licensing Agency (PLA) regulations, broker supervision requirements, escrow account management, Indiana disclosure forms, and continuing education requirements. Indiana uniquely calls its entry-level real estate license a 'broker' license rather than 'salesperson.'

Questions

130 scored questions

Time Limit

4 hours total

Passing Score

75% on each portion

Exam Fee

$55 (Indiana PLA / Pearson VUE)

IN Real Estate Exam Content Outline

30%

PLA Licensing & Education

Professional Licensing Agency structure, Indiana Real Estate Commission, 90-hour pre-license education (three 30-hour courses), broker license (entry-level), managing broker, CE (12 hrs/year)

25%

IN Brokerage & Supervision

Broker supervision requirements, managing broker duties, office policies, trust/escrow accounts, advertising rules, licensee conduct, disciplinary procedures

25%

IN Contracts & Closing

Indiana purchase agreements, contingencies, earnest money and escrow, closing procedures, title insurance, deed types, transfer tax, recording requirements

20%

IN Property Regulations

Indiana disclosure forms (residential, lead paint), environmental regulations, property tax assessment, homestead deductions, fair housing, landlord-tenant law

How to Pass the IN Real Estate Exam

What You Need to Know

  • Passing score: 75% on each portion
  • Exam length: 130 questions
  • Time limit: 4 hours total
  • Exam fee: $55

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

IN Real Estate Study Tips from Top Performers

1Master IN terminology: Broker (entry-level), Managing Broker (supervisor) — no salesperson license exists in Indiana
2Know PLA/Commission structure: PLA handles administration, Indiana Real Estate Commission sets policy and discipline
3Study escrow account rules: proper handling of earnest money, broker responsibility, PLA audit procedures
4Learn the 90-hour pre-license requirement: three 30-hour courses through approved providers
5Memorize CE requirements: 12 hours annually, includes mandatory topics, must use approved providers

Frequently Asked Questions

How many questions are on the Indiana real estate broker exam?

The IN exam has 130 total questions: 85 national and 45 state-specific, with 4 hours total time. You must score at least 75% on each portion — 64/85 national and 34/45 state. Pearson VUE administers the exam at testing centers throughout Indiana.

Why does Indiana call entry-level licensees 'brokers' instead of 'salespersons'?

Indiana uses 'broker' for its entry-level real estate license, which is functionally equivalent to the 'salesperson' license in most other states. An Indiana broker must work under a 'managing broker' who holds a higher-level license and is responsible for supervision of all brokerage activities.

What are Indiana's pre-license education requirements?

Indiana requires 90 hours of pre-license education completed through three 30-hour courses. These courses cover real estate principles, Indiana real estate practice, and Indiana-specific law. All courses must be completed through PLA-approved education providers before sitting for the exam.

What are Indiana's continuing education requirements?

Indiana requires 12 hours of continuing education annually for license renewal. This includes required topics set by the Indiana Real Estate Commission, such as ethics, agency law updates, and legislative changes. CE must be completed through approved providers before the license renewal deadline.

What disclosure forms are required in Indiana real estate?

Indiana requires sellers to complete the Residential Real Estate Sales Disclosure form, which covers structural conditions, mechanical systems, environmental hazards, and other material facts. Federal lead paint disclosure is also required for pre-1978 homes. Failure to disclose known defects can result in legal liability and license discipline.