Bill

Bill > HB1568


IN HB1568

IN HB1568
Attorney eligibility for real estate broker exam.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill Summary

Attorney eligibility for real estate broker exam. Allows a licensed attorney to obtain a real estate broker license without completing an approved broker course of study.

AI Summary

This bill modifies Indiana's real estate broker licensing requirements to allow licensed attorneys to obtain a real estate broker license without completing the typically required approved broker course of study. Specifically, the bill creates an exception for attorneys licensed to practice law in Indiana, exempting them from the standard educational requirements (specifically the approved broker course of study) when applying for a real estate broker license. The bill requires the Indiana Real Estate Commission to amend its administrative rules by June 30, 2026, to permit attorneys to sit for the broker examination without having completed the usual educational coursework. The provisions are set to take effect on July 1, 2025, and the rule-making provisions will expire on July 1, 2027. An emergency clause is included, which typically means the bill can take effect immediately upon becoming law. The change aims to provide a streamlined licensing path for attorneys who wish to become real estate brokers, recognizing their legal training and professional background as potentially equivalent to the standard educational requirements for the real estate broker license.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

First reading: referred to Committee on Employment, Labor and Pensions (on 01/21/2025)

bill text


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