Indiana Real Estate Broker Exam — All Questions

Indiana real estate licenses are renewed with required continuing education measured over a:

• a.Single day
• b.Three-year renewal cycle✓
• c.Ten-year cycle
• d.One-week cycle

Indiana renews broker licenses on a multi-year cycle and requires continuing education completed within that renewal period, including certain mandatory course content. New brokers must also complete post-licensing education. Confirm current hour totals and deadlines with the PLA.

How many hours of classroom instruction must an approved Indiana real estate broker prelicensing course contain?

• a.Sixty (60) hours of classroom instruction
• b.Seventy-five (75) hours of classroom instruction
• c.Ninety (90) hours of classroom instruction✓
• d.One hundred twenty (120) hours of instruction

Indiana consolidated licensure into a single broker license, and the required broker curriculum is at least ninety hours covering principles, practices, Indiana license law and professional standards, law of agency, contracts, financing, settlement procedures, escrow responsibility, recordkeeping, government regulations and appraising. Cite: IC 25-34.1-5-5; 876 IAC 6-4-1.

A broker first licensed in Indiana after June 30, 2014 must complete postlicensing education. How much, and within what period?

• a.Twelve hours within the first year after issuance
• b.Twenty-four hours within the first year after issuance
• c.Thirty hours within the first two years after issuance✓
• d.Forty-five hours within the first three years after issuance

The thirty hours of commission-approved postlicensing education replace, rather than add to, the continuing education the broker would otherwise owe, and they cover the practical matters of real estate transactions. A broker who goes inactive before finishing them must finish them before reactivating. Cite: IC 25-34.1-3-4.1(f); 876 IAC 7-4-2.

Indiana measures broker continuing education by a "continuing education year." What period is that?

• a.January 1 through December 31 of the same year
• b.July 1 through June 30 of the following year✓
• c.April 1 through March 31 of the following year
• d.The twelve months following the license issue date

The CE year is fixed by rule and does not float with the licensee's own issue date. Hours earned above the annual minimum do not carry forward into the next CE year, so a broker cannot bank them. Cite: 876 IAC 7-2-2; 876 IAC 7-5-1(g).

How long must an individual have held an active Indiana broker license before qualifying as a managing broker?

• a.One full year of active licensure
• b.Two years of active licensure
• c.Three years of active licensure✓
• d.Five years of active licensure

P.L.166-2025 raised this from two years to three and added a written examination. The older commission rule, 876 IAC 7-3-2, still prints the two-year figure, but the statute controls, so a candidate who studied only the rule would answer this wrong today. Cite: IC 25-34.1-4-0.5.

Besides the required years of licensure, what must an Indiana broker do to become a managing broker?

• a.Complete 30 hours of postlicensing education and a written exam
• b.Pass 24 hours of broker management courses and a written exam✓
• c.Complete 12 hours of management CE and post a surety bond
• d.Pass 24 hours of broker management courses and post a bond

The written examination requirement was added to the statute in 2025 alongside the longer licensure period. The twenty-four hours of broker management instruction is unchanged and may be taken at an approved real estate school. Cite: IC 25-34.1-4-0.5; 876 IAC 7-3-3.

How much of an Indiana managing broker's twelve annual continuing education hours must be management specific?

• a.Two of the twelve hours
• b.Four of the twelve hours✓
• c.Six of the twelve hours
• d.Eight of the twelve hours

The four hours must be dedicated to the business and management skills and legal knowledge a managing broker needs, and the requirement applies in any continuing education year in which the broker functions as a managing broker for any period of time. Cite: IC 25-34.1-9-11(d); 876 IAC 7-5-2.

An Indiana broker license runs for a three year term. How much continuing education does that cycle require?

• a.24 hours, at least 8 in each continuing education year
• b.36 hours, at least 12 in each continuing education year✓
• c.30 hours, at least 10 in each continuing education year
• d.45 hours, at least 15 in each continuing education year

The statute sets both the annual floor and the cycle total, and the rule blocks carrying surplus hours forward, so a broker cannot satisfy the cycle by front-loading it into one year. Cite: IC 25-34.1-9-11(a)(1); 876 IAC 7-5-1(g).

What are the age and general education prerequisites for an Indiana broker license?

• a.At least 21 years old, with a high school diploma or GED
• b.At least 18 years old, with two years of college coursework
• c.At least 18 years old, with a high school diploma or GED✓
• d.At least 21 years old, with an associate degree or higher

The applicant must be eighteen before applying and hold a high school or general educational development diploma. The same section also bars applicants convicted of an act grounding discipline under IC 25-1-11, a crime bearing directly on competence, or a crime showing a propensity to endanger the public. Cite: IC 25-34.1-3-4.1(a).

The Indiana broker examination has two sections. What must an applicant score?

• a.70% averaged across the two sections together
• b.75% on each of the two sections separately✓
• c.70% on each of the two sections separately
• d.80% on the Indiana licensure law section alone

The examination is divided into general real estate practices and Indiana licensure law, and an applicant passes only by attaining at least seventy-five percent on each section. A section once passed is credited and need not be retaken. Cite: 876 IAC 6-6-3(a), (d), (e).

An applicant seeking Indiana licensure by reciprocity must pass which part of the broker examination?

• a.Both sections of the Indiana broker examination
• b.Only the Indiana licensure law section of the exam✓
• c.Only the general real estate practices section
• d.No section, if the home state's exam was equivalent

The rule waives the general real estate practices section for reciprocity applicants but not the Indiana licensure law section, which is the part that tests what differs between states. Cite: 876 IAC 6-6-3(b).