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Real Estate Salesperson Exam — National Portion

Exemptions (IN): practice questions

Our Real Estate (National) bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Indiana

Which activity is exempt from Indiana's broker license requirement?

  1. Leasing others' farmland for a fee
  2. Selling interests in cemetery lots
  3. Managing rentals for several owners
  4. Negotiating commercial leases for pay
Show the answer

B. Selling interests in cemetery lots — IC 25-34.1-3-2(b)(11).

Question 2 · Indiana

An owner-manager is exempt if the regulated activity involves at most how many apartment units on one parcel or contiguous parcels?

  1. 4
  2. 8
  3. 12
  4. 100
Show the answer

C. 12 — IC 25-34.1-3-2(b)(6).

Question 3 · Indiana

A hotel or motel needs no license to rent rooms for periods of less than how many days?

  1. 30
  2. 60
  3. 90
  4. 180
Show the answer

A. 30 — IC 25-34.1-3-2(b)(4).

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