A written agency disclosure must be provided to the consumer.
Before you read
Test yourself first: 5 questions
Question 1 of 5
Under Indiana's agency model, a newly licensed broker may lawfully practice real estate only when:
Answer: B. An Indiana broker must work under the supervision of a managing broker. A managing broker designation and additional experience/education are required before an individual can independently supervise others.
Question 2 of 5
Which body regulates real estate licensees in Indiana?
Answer: A. Real estate licensing in Indiana is overseen by the Indiana Real Estate Commission, which operates administratively under the Professional Licensing Agency (PLA). The Association of REALTORS is a private trade group, not a regulator.
Question 3 of 5
Which statement about the Seller's Residential Real Estate Sales Disclosure form in Indiana is correct?
Answer: B. The disclosure form is completed by the seller based on the seller's actual knowledge. It is not a warranty of condition, is not prepared by the Commission, and does not replace the separate agency disclosure.
Question 4 of 5
Which body is responsible for regulating real estate licensees in Indiana?
Answer: B. Indiana real estate licensing is governed by the Indiana Real Estate Commission, whose licensing functions are administered by the Professional Licensing Agency (PLA). Trade associations like the Indiana Association of REALTORS are private and do not issue or regulate licenses.
Question 5 of 5
Disciplinary actions against an Indiana real estate broker, such as suspension or revocation, are imposed by:
Answer: B. Authority to discipline licensees, including suspension or revocation, rests with the Indiana Real Estate Commission, administered through the Professional Licensing Agency, not with private trade or MLS boards.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Common agency relationships: seller agent, buyer agent, and limited (dual) agency.
- A written agency disclosure must be provided to the consumer.
- Brokers owe their client duties such as loyalty, confidentiality, disclosure, and accounting.
- Limited (dual) agency requires informed written consent from all parties involved.
- A new broker practices agency under the supervision of a managing broker.
- Sales/agency disclosure clarifies whom the broker represents in the transaction.
- Customers (non-clients) are still owed honesty and fair dealing.
- Always confirm the agency relationship in writing before acting on a party's behalf.
Indiana Agency Model Cheat Sheet: FAQs
Is Indiana Agency Model Cheat Sheet on the real estate exam?
Yes. State License Law is a scored domain on the Indiana real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Indiana test this differently?
Indiana applies its own license law on top of the national portion. This page covers the Indiana rules specifically, which is what the state section of your exam tests.
