How long does a licensee have to report a felony conviction to the Indiana Real Estate Commission?

In Indiana, a licensee must report a felony conviction to the Indiana Real Estate Commission within 30 days of the conviction. This requirement ensures that the Commission is informed of any legal issues that may impact the licensee's professionalism or ability to practice real estate ethically and responsibly. Timely reporting is crucial for maintaining standards within the industry and ensuring public trust. Reporting any felony conviction promptly allows the Commission to assess the situation and determine any actions regarding the licensee’s qualifications to continue operating in the real estate field. This accountability helps uphold the integrity of the profession in Indiana.