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Indiana Real Estate Practice Exam

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Who is eligible to take the Indiana Real Estate license exam?

To take the Indiana real estate exam, candidates must meet these requirements:

What’s on the Indiana Real Estate exam?

The Indiana Real Estate Broker exam contains 125 multiple-choice questions, 75 national and 50 Indiana state-specific. The exam measures knowledge of property, contracts, agency, state laws, and office procedures. Five to ten experimental questions may also appear, not counted toward the final score.

Indiana Real Estate exam topics

The table below are major licensing topics you’ll need to study:

National Section (75 questions)

TopicSubtopics# Questions
Property Ownership & UseFixtures, legal descriptions, encumbrances, forms of ownership10
Forms of Ownership, Transfer, TitleEstates, leaseholds, liens, title transfer8
Valuation & AppraisalValue, appraisal process, methods, CMA, BPO10
Contracts & AgencyContracts, elements, performance, sales contract, agency15
Real Estate PracticeBroker duties, agreements, fair housing, risk management12
Disclosures & Environmental IssuesConditions, hazardous substances, disclosure, EPA9
Financing & SettlementConcepts, types, federal laws, closing, regulations8
Real Estate MathArea, valuation, commissions, investment, closing, property mgmt8

State Section (50 questions)

TopicSubtopics# Questions
Indiana Real Estate CommissionPowers, duties, records, investigations, sanctions5
LicensingActivities, types, waivers, maintenance, status9
Statutory & Regulatory RequirementsAdvertising, compensation, brokerage agreements, trust accounts12
Licensee Conduct & AgencyAgency types, disclosures, conduct, professional standards17
Office ProceduresRecordkeeping, closing, supervision, employment7

What is the exam passing score?

To pass, you must get at least 60 out of 80 correct on the national section and 38 out of 50 on the state section. Scores are shown on-screen after the exam, with a pass or fail result.

What 2025 Indiana Real Estate Laws should you know for the exam?

In 2025, Indiana’s key changes include mandatory written agency agreements for all listings and buyer representation, as well as a new requirement for processing license transfers exclusively online through INBIZ. These updates, along with existing statutory and regulatory requirements, are now reflected across major exam topics such as licensing, agency, and office procedures.

Below is a table summarizing the key Indiana real estate laws:

Law / ActBrief Description2025 StatusExam Relevance
Indiana Real Estate License LawGoverns the licensing, regulation, and oversight of real estate professionals in Indiana.No major changes for 2025State Section: Licensing, Commission Powers, Office Procedures
Written Agency Agreements Requirement (2024)Mandates all listing and buyer agency agreements must be in writing (verbal not accepted).Enforced as of July 1, 2024 (new for 2025)State Section: Statutory & Regulatory Requirements, Agency
Online License Transfer via INBIZ (2024)Requires all broker transfers (active/inactive/unassigned/referral) to be processed online.Enforced as of July 1, 2024 (new for 2025)State Section: Licensing, Office Procedures
Statutes & Rules Governing LicenseesOutlines standards for agency, disclosures, fair housing, ethics, and professional conduct.No major changes for 2025State Section: Statutes & Rules Governing Licensees
Trust Account and Earnest Money HandlingRegulates how earnest money and trust funds are managed by brokers and salespersons.No major changes for 2025State Section: Statutory & Regulatory Requirements, Office Procedures
Commission Disciplinary PowersDetails the Indiana Real Estate Commission’s authority for investigation, sanctions, and restitution.No major changes for 2025State Section: Commission Powers & Duties
Fair Housing and Anti-Discrimination LawsProhibits discrimination in real estate transactions and ensures compliance with federal/state laws.No major changes for 2025National & State Sections: Statutes & Rules, Disclosure
Advertising and Disclosure LawsRequires truthful advertising and full disclosure in property transactions and representations.No major changes for 2025State Section: Statutory & Regulatory Requirements
Recordkeeping and Office ProceduresSets guidelines for records retention, branch office management, and use of unlicensed assistants.No major changes for 2025State Section: Office Procedures

How to prepare for the exam?

Improving your pass rate depends on understanding exam details, using trusted resources, and following a targeted study plan.

Understanding Indiana Broker exam details

Indiana Real Estate exam structure and requirements is essential for effective preparation. Here is information you need to know:

Learning from preparation resources

Free practice test platforms

Other resources

Follow study strategy

A structured study plan improves content retention and builds confidence under real exam timing. You can begin with core topics, then refine your approach based on past performance. The table below is a sample of 8‑week study plan:

WeekFocusActivities
1 - 2Ownership & agencyRead outline, watch topic videos, flashcards
3 - 4Valuation, financing, contractsPractice questions + review wrong answers
5Disclosures & ethicsDeep dive into cases & laws
6Practice examsTimed mock tests
7Review weak areasRe-study low-scoring sections
8Final exam simulationFull test practice under timed conditions

Weak area analysis

Mastering Real Estate math

There will be 8math questions in the national section of the Indiana Real Estate Salesperson exam. These questions focus on practical real estate calculations such as loan-to-value ratios, down payments, and other common financial metrics relevant to property transactions.

Candidates are permitted to use the following standard conversion data during the exam, unless a specific question indicates otherwise:

For questions that involve prorated amounts, the exam will clearly state:

Since math questions can affect your result, focused practice is essential after reviewing the main topics. To prepare:

Frequently Asked Questions

How hard is the Indiana Real Estate exam?

The test is considered moderately difficult, with state law and math being challenging for many.

What’s the best way to study for the Indiana state section?

Focus on memorizing state laws, practice with sample questions, and review real exam scenarios.

Can I retake the Indiana exam if I fail?

Yes, you can retake the failed section. Check the score report for next steps and waiting periods.

How should I pace my exam approach?

Use a two-pass method: quickly answer confident questions, flag the rest, then review flagged items. Take your time to read carefully, eliminate wrong choices, and ensure math accuracy.

How do I overcome test anxiety and second-guessing?

Label questions based on confidence (A – sure, B – unsure, C – math), complete the A group first, skip B and C, then return for review. Look for clues in later questions, you may find hidden answers.