What is required before placing a 'for sale' sign on a property?

Prepare for the Indiana Real Estate Commission Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Before placing a 'for sale' sign on a property, obtaining written permission from the seller or an authorized agent is essential. This requirement safeguards the rights of the property owner and ensures that the person placing the sign has the authority to do so. It establishes a legal basis for the agent's actions and helps prevent potential disputes regarding the property's sale.

Having written permission also aligns with ethical standards in real estate practice, as it promotes transparency and professionalism between agents and their clients. Additionally, local laws and rules may necessitate this written agreement to maintain order and respect individual property rights.

Verbal agreements could lead to misunderstandings and lack the necessary legal protection, while local government approval isn't typically a requirement unless specific zoning laws or regulations apply. Lastly, the idea that signs can be placed freely undermines the importance of the owner's consent and the established standards in real estate transactions.

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