Which of the following establishes the qualifications for obtaining a real estate license in Indiana?

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!

The Indiana Code is the correct source that establishes the qualifications necessary for obtaining a real estate license in Indiana. It contains the state laws and regulations that govern real estate practices, including the requirements for licensure, such as age, education, examination, and experience criteria. The Indiana Code is a comprehensive legal framework designed to ensure that real estate professionals meet specific standards, thereby protecting public interests in real estate transactions.

The local government regulations may play a role in specific aspects of real estate transactions but do not set the overall qualifications for licensing. While the Indiana Association of Realtors can provide resources or guidelines for realtors, it does not have the authority to establish licensing requirements, which are mandated by state law. The U.S. Department of Housing and Urban Development (HUD) focuses primarily on federal housing policies and programs, and while it may influence some aspects of real estate operations, it does not dictate licensing qualifications at the state level.

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