Terms Used In Indiana Code 25-34.1-10-6.5

  • agency relationship: means a relationship in which a licensee represents a client in a real estate transaction. See Indiana Code 25-34.1-10-0.5
  • broker: means an individual or entity issued a broker's real estate license by the Indiana real estate commission. See Indiana Code 25-34.1-10-1
   Sec. 6.5. As used in this chapter, “in-house agency relationship” means an agency relationship involving two (2) or more clients who are represented by different licensees within the same broker company.

As added by P.L.130-1999, SEC.7. Amended by P.L.116-2015, SEC.18.