Limited agency (dual agency) is permitted only with the informed written consent of all parties.
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
An Indiana broker places an advertisement that lists only a personal cell number and the broker's name, with no reference to the brokerage company. Under Indiana advertising rules, this ad is:
Answer: B. Indiana requires that real-estate advertising clearly identify the brokerage company under which the broker is licensed. Because entry agents are brokers working under a managing broker, an ad cannot be presented as if the individual operated independently of the firm.
Question 3 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 4 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 5 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.
Keep the streak going with more questions like these, each with a full rationale.
Must-know rules
- Agency in Indiana is governed by statute and Commission rules defining licensee-client relationships.
- A broker may represent the seller (listing), the buyer, or under limited circumstances both parties.
- Limited agency (dual agency) is permitted only with the informed written consent of all parties.
- Brokers owe clients statutory duties such as loyalty, confidentiality, disclosure, and accounting.
- Agency status must be disclosed to consumers as required by Indiana law.
- A broker may act as an unrepresented-party (customer) facilitator without forming an agency relationship.
- Newly licensed brokers practice agency under the supervision of their Managing Broker.
- Confidential client information generally survives the end of the agency relationship.
Indiana Agency Model Quick Reference: FAQs
Is Indiana Agency Model Quick Reference 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.
