State form 47478 2025

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Some states (such as Idaho, Maine and Vermont) do not require a real estate license to engage in property management. Other states (such as Montana, Oregon and South Carolina) allow property managers to work under a property management license rather than a brokers license.
As can be expected of any professional certification exam, the Indiana real estate exam is hard and will only get harder for poorly prepared candidates. This is why it is important to study hard and get all the help that you can before taking the exam.
Professionals like doctors, teachers, and real estate brokers typically need occupational licenses. Exemptions from real estate licensure may include property owners selling their own property and attorneys engaged in legal real estate transactions.
Textbook Expert-Verified The correct answer to the question is C. Attorney, as attorneys are not required to have a real estate license to perform certain real estate activities, unlike property managers, real estate sales associates, and mortgage brokers, who do need a license.
Delaware does not have a specific reciprocity agreement with particular states. It does allow you to apply for reciprocity if you hold a current and active license in any other US jurisdiction, including territories and the District of Columbia.
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A few states allow you to manage properties with neither a real estate license nor a property management license: Idaho. Kansas (applies to residential only) Maine. Maryland. Massachusetts. Vermont.
The Indiana state exam costs $55 and to activate your license costs $60. Pre-Licensing coursework pricing with The CE Shop starts at $489. After coursework, application, and activation fees, you will join a board of realtors and depending on the association you join it could be up to $1,500.
All states require that anyone wishing to practice real estate as a sales agent or broker must first obtain a state license to do so. Without such a license, anyone practicing real estate in the state commits a crime.

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