Indiana General Assembly - Indiana Register

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IAC Titles Current IR

TITLE 876 INDIANA REAL ESTATE COMMISSION

Readopted Final Rule LSA Document #13-283(F)

DIGEST

Readopts rules in anticipation of IC 4-22-2.5-2, providing that an administrative rule adopted under IC 4-22-2 expires January 1 of the seventh year after the year in which the rule takes effect unless the rule contains an earlier expiration date. Effective 30 days after filing with the Publisher.

876 IAC 1-1-1; 876 IAC 1-1-3; 876 IAC 1-1-11; 876 IAC 1-1-17; 876 IAC 1-1-18; 876 IAC 1-1-19; 876 IAC 1-1-20; 876 IAC 1-1-21; 876 IAC 1-1-22; 876 IAC 1-1-23; 876 IAC 1-1-24; 876 IAC 1-1-25; 876 IAC 1-1-26; 876 IAC 1-1-30.1; 876 IAC 1-1-33; 876 IAC 1-1-36; 876 IAC 1-1-37; 876 IAC 1-1-39; 876 IAC 1-1-40; 876 IAC 1-1-41; 876 IAC 1-1-42; 876 IAC 1-1-43; 876 IAC 2-1; 876 IAC 2-2-1; 876 IAC 2-2-3; 876 IAC 2-2-4; 876 IAC 2-2-6; 876 IAC 2-2-7; 876 IAC 2-2-8; 876 IAC 2-2-9; 876 IAC 2-2-10; 876 IAC 2-2-11; 876 IAC 2-2-12; 876 IAC 2-3; 876 IAC 2-4-1; 876 IAC 2-4-3; 876 IAC 2-4-4; 876 IAC 2-4-5; 876 IAC 2-4-6; 876 IAC 2-4-7; 876 IAC 2-5; 876 IAC 2-6-1; 876 IAC 2-6-2; 876 IAC 2-6-3; 876 IAC 2-6-5; 876 IAC 2-6-6; 876 IAC 2-6-7; 876 IAC 2-6-8; 876 IAC 2-6-9; 876 IAC 2-6-10; 876 IAC 2-7; 876 IAC 2-8; 876 IAC 2-9; 876 IAC 2-16-2; 876 IAC 2-17-1; 876 IAC 2-17-2; 876 IAC 2-17-3; 876 IAC 3-1-1; 876 IAC 3-1-2; 876 IAC 3-1-3; 876 IAC 3-2-1; 876 IAC 3-2-2; 876 IAC 3-2-3; 876 IAC 3-2-4; 876 IAC 3-2-7; 876 IAC 3-2-8; 876 IAC 3-2-9; 876 IAC 3-2-10; 876 IAC 3-2-11; 876 IAC 3-3-1; 876 IAC 3-3-2; 876 IAC 3-3-2.5; 876 IAC 3-3-5.2; 876 IAC 3-3-6; 876 IAC 3-3-7; 876 IAC 3-3-8; 876 IAC 3-3-10; 876 IAC 3-3-11; 876 IAC 3-3-12; 876 IAC 3-3-14; 876 IAC 3-3-15; 876 IAC 3-3-16; 876 IAC 3-3-17; 876 IAC 3-3-18; 876 IAC 3-3-19; 876 IAC 3-3-21; 876 IAC 3-3-22; 876 IAC 3-5-2; 876 IAC 3-5-2.5; 876 IAC 3-5-3; 876 IAC 3-5-6; 876 IAC 3-5-7; 876 IAC 3-5-8; 876 IAC 3-6; 876 IAC 4-1-1; 876 IAC 4-1-3; 876 IAC 4-1-4; 876 IAC 4-1-6; 876 IAC 4-1-7; 876 IAC 4-1-8; 876 IAC 4-1-9; 876 IAC 4-1-10; 876 IAC 4-1-11; 876 IAC 4-2-1; 876 IAC 4-2-2; 876 IAC 4-2-3; 876 IAC 4-2-3.5; 876 IAC 4-2-4; 876 IAC 4-2-5; 876 IAC 4-2-6; 876 IAC 4-2-7; 876 IAC 4-2-8; 876 IAC 4-2-10; 876 IAC 4-2-11

SECTION 1. UNDER IC 4-22-2.5-4, THE FOLLOWING ARE READOPTED:


	876 IAC 1-1-1	Authority; purpose
	876 IAC 1-1-3	Definitions
	876 IAC 1-1-11	Application for corporation or partnership license
	876 IAC 1-1-17	Evidence of current licensure
	876 IAC 1-1-18	Supervision of office by licensed broker; branch offices; notice by principal broker
	876 IAC 1-1-19	Termination of association with principal broker; duties of parties
	876 IAC 1-1-20	Splitting commissions
	876 IAC 1-1-21	Associating with unlicensed person; penalty
	876 IAC 1-1-22	Listing agreements; prohibition
	876 IAC 1-1-23	Written offers to purchase; disposition of monies received
	876 IAC 1-1-24	Closing statements
	876 IAC 1-1-25	Investigation of escrow or trust accounts
	876 IAC 1-1-26	Advertising requirements; name of principal broker; prohibitions
	876 IAC 1-1-30.1	Residential address of licensees
	876 IAC 1-1-33	Conviction of crime; effect; denial of license
	876 IAC 1-1-36	Restriction on licensee acquiring interest in property
	876 IAC 1-1-37	Disclosure of interest by licensee
	876 IAC 1-1-39	Referral service participation; written agreement
	876 IAC 1-1-40	Incompetent practice
	876 IAC 1-1-41	Participation of licensees with securities brokers; sale of securities involving real estate
	876 IAC 1-1-42	Unlicensed assistants; functions; responsibility of licensee
	876 IAC 1-1-43	Fee appraisals conducted by licensed brokers
	876 IAC 2-1	Definitions; General Provisions
	876 IAC 2-2-1	Facilities
	876 IAC 2-2-3	Bonding
	876 IAC 2-2-4	School directors
	876 IAC 2-2-6	Unavailability of school director
	876 IAC 2-2-7	Student fees; cancellation of course sessions
	876 IAC 2-2-8	Course records
	876 IAC 2-2-9	Course renewal
	876 IAC 2-2-10	Annual report
	876 IAC 2-2-11	Review and investigation of real estate schools
	876 IAC 2-2-12	Significant change in courses
	876 IAC 2-3	Instructors
	876 IAC 2-4-1	Broker and salesperson courses; separate instruction
	876 IAC 2-4-3	Salesperson course; hours of classroom instruction
	876 IAC 2-4-4	Breaks
	876 IAC 2-4-5	Attendance
	876 IAC 2-4-6	Examinations
	876 IAC 2-4-7	Course evaluations
	876 IAC 2-5	Real Estate Schools; Miscellaneous Prohibitions
	876 IAC 2-6-1	Course description
	876 IAC 2-6-2	Course objective
	876 IAC 2-6-3	Syllabus
	876 IAC 2-6-5	Instructors
	876 IAC 2-6-6	Order of subject area presentation
	876 IAC 2-6-7	Major subject area emphasis
	876 IAC 2-6-8	Competency and instructional levels
	876 IAC 2-6-9	Mathematics instruction
	876 IAC 2-6-10	Syllabus copies
	876 IAC 2-7	Real Estate Salesperson Course; Major Subject Area Emphasis
	876 IAC 2-8	Real Estate Salesperson Course; Outline
	876 IAC 2-9	Real Estate Salesperson Course; Required Instructional Materials
	876 IAC 2-16-2	Real estate school instructors; education
	876 IAC 2-17-1	Requirements for admission to examination
	876 IAC 2-17-2	Application for examination; fee
	876 IAC 2-17-3	Examinations; passing score
	876 IAC 3-1-1	Applicability
	876 IAC 3-1-2	"Board" defined
	876 IAC 3-1-3	"Licensee" defined
	876 IAC 3-2-1	Licenses issued by the board
	876 IAC 3-2-2	Types of appraisals of real estate governed by federal law
	876 IAC 3-2-3	Types of real estate transactions not governed by federal law
	876 IAC 3-2-4	Expiration of licenses
	876 IAC 3-2-7	Fee schedule
	876 IAC 3-2-8	Change of name or address
	876 IAC 3-2-9	Use of titles
	876 IAC 3-2-10	Use of designation; corporation; partnership
	876 IAC 3-2-11	Investigation of appraisals and file records
	876 IAC 3-3-1	Scope of rule
	876 IAC 3-3-2	Admittance to the examination
	876 IAC 3-3-2.5	Criminal history background check requirement
	876 IAC 3-3-5.2	Conversion to quarter hours to semester hours
	876 IAC 3-3-6	Credit for courses obtained after June 30, 1990
	876 IAC 3-3-7	Credit for courses completed prior to July 1, 1990
	876 IAC 3-3-8	Education course qualifications for credit
	876 IAC 3-3-10	Credit for appraisal performance
	876 IAC 3-3-11	Property defined under residential category
	876 IAC 3-3-12	Property defined under general (nonresidential) category
	876 IAC 3-3-14	Examination for three licenses issued by the board
	876 IAC 3-3-15	Application for examination
	876 IAC 3-3-16	Special administration of examination
	876 IAC 3-3-17	Instructions for scheduling examinations; deadline
	876 IAC 3-3-18	Examination content
	876 IAC 3-3-19	Individuals licensed in another state; licensing
	876 IAC 3-3-21	Permit for temporary practice
	876 IAC 3-3-22	Indiana licensed trainee appraiser; examination; licensure procedures
	876 IAC 3-5-2	Application for board approval of real estate appraiser continuing education courses
	876 IAC 3-5-2.5	Criteria for approval of continuing education course
	876 IAC 3-5-3	Course records
	876 IAC 3-5-6	Approved real estate appraiser continuing education courses; certification requirements
	876 IAC 3-5-7	Instructors
	876 IAC 3-5-8	Instructors; prohibitions
	876 IAC 3-6	Standards of Practice for Appraisers
	876 IAC 4-1-1	Sponsors; approval
	876 IAC 4-1-3	Significant changes
	876 IAC 4-1-4	Course availability
	876 IAC 4-1-6	Facilities
	876 IAC 4-1-7	School directors
	876 IAC 4-1-8	Instructors; qualifications
	876 IAC 4-1-9	Sponsor approval date
	876 IAC 4-1-10	Course outline
	876 IAC 4-1-11	Record retention
	876 IAC 4-2-1	Continuing education requirements
	876 IAC 4-2-2	Curricula for salesperson under IC 25-34.1-9-11(a)(1)
	876 IAC 4-2-3	Curricula for brokers under IC 25-34.1-9-11(a)(1)
	876 IAC 4-2-3.5	Outline for curricula for salespersons and brokers under IC 25-34.1-9-11(a)(1)
	876 IAC 4-2-4	Curricula under IC 25-34.1-9-11(2)
	876 IAC 4-2-5	Course qualifications
	876 IAC 4-2-6	Renewal applications
	876 IAC 4-2-7	Commission review of continuing education compliance
	876 IAC 4-2-8	Inactive license
	876 IAC 4-2-10	License reinstatements; continuing education requirements
	876 IAC 4-2-11	Waiver of continuing education requirements due to hardship

LSA Document #13-283(F)

Intent to Readopt Rules: 20130626-IR-876130283RNA

Filed with Publisher: November 25, 2013, 9:21 a.m.

Posted: 12/25/2013 by Legislative Services Agency

DIN: 20131225-IR-876130283RFA

Composed: Apr 18,2024 6:59:48PM EDT

A PDF version of this document.