876 IAC 6-7-3 - Applicability of broker course provisions

Authority: IC 25-34.1-2-5

Affected: IC 25-34.1-5-4; IC 25-34.1-5-8

Sec. 3.

(a) The broker course requirements stated in 876 IAC 6-1 through 876 IAC 6-5 shall apply to the twenty-four (24) hour educational course under this rule except for the following, which shall not apply:

(1) 876 IAC 6-4-1.

(2) 876 IAC 6-4-4.

(3) 876 IAC 6-5-6.

(b) 876 IAC 6-4-3 shall apply except that the attendance requirement in 876 IAC 6-4-3(a) shall be one hundred percent (100%) for the twenty-four (24) hour educational course.

(c) The limitation in IC 25-34.1-5-4(a)(2) to thirty-five (35) students per instructor per classroom does not apply to the twenty-four (24) hour educational course under this rule.

(d) Except for real estate schools that are applying after the effective date of this rule for initial approval, approval of broker courses under this rule shall be considered significant changes under IC 25-34.1-5-8 and 876 IAC 6-2-8.

Notes

876 IAC 6-7-3

Filed 5/22/2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff 7/1/2014 Readopted filed 11/19/2020, 9:56 a.m.: 20201216-IR-876200513RFA