Sec. 15. (a) Each real estate school approved under this chapter to conduct a prelicensing broker course must have a permit issued by the commission.
(b) A real estate school issued a permit under subsection (a) must meet the following requirements:
(1) For online courses, an instructor that has been issued a permit under this chapter must be available during normal business hours.
(2) Course rosters must be provided to the commission each month.
(3) The school must pay the permit fees established by the commission under subsection (d).
(c) To remain in effect, a permit issued under this section must be renewed by the commission before its expiration under section 7(a) of this chapter.
(d) The commission shall establish, by rule adopted under IC 4-22-2, fees for permits under this section.
(e) A school must annually file with the commission a list of courses offered by the school.
As added by P.L.200-2013, SEC.9. Amended by P.L.2-2014, SEC.113; P.L.116-2015, SEC.15.
Structure Indiana Code
Title 25. Professions and Occupations
Article 34.1. Real Estate Brokers and Salespersons
Chapter 5. Educational Courses
25-34.1-5-1. Approval and Permit Required for Broker Course
25-34.1-5-2. Application for Approval
25-34.1-5-3. Bond; Obligee; Requirements; Liability; Continuity; Cancellation
25-34.1-5-4. Approval of Broker Education Courses
25-34.1-5-6. Commission's Considerations; Factors
25-34.1-5-7. Expiration of Approval and Permit; Renewal
25-34.1-5-8. Inspection of Records and Facilities
25-34.1-5-9. Denial, Suspension, or Revocation of Approval and Permit
25-34.1-5-10. Prohibited Advertising
25-34.1-5-11. Additional Fees for Review Class Prohibited
25-34.1-5-12. Real Estate Education Advisory Council Makes Course Recommendations