Plain English Breakdown
The bill summary does not provide details on how many attorneys will apply for the real estate broker license or if other states have similar laws.
Law for Attorneys to Get Real Estate Broker License
This law allows licensed attorneys in Indiana to become real estate brokers without taking the usual classes.
What This Bill Does
- Allows licensed attorneys to obtain a real estate broker license without completing an approved broker course of study.
Who It Names or Affects
- Licensed attorneys in Indiana
- Real estate broker licensing process
Terms To Know
- Attorney
- A lawyer who is licensed to practice law in a specific state or country.
- Broker course of study
- Special classes that people must take before they can get a real estate broker license.
Limits and Unknowns
- The bill does not specify how many attorneys will apply for the real estate broker license.
- It is unclear if other states have similar laws allowing attorneys to become brokers without additional training.