From whom may an Indiana licensed salesperson lawfully accept compensation?

Prepare for the Indiana Real Estate Broker Exam. Study with interactive quizzes featuring multiple choice questions, hints, and detailed explanations. Get exam ready today!

A licensed salesperson in Indiana is permitted to accept compensation exclusively from their principal broker. This relationship is foundational in real estate practice, as the principal broker is responsible for overseeing the actions of their salespersons and ensuring compliance with state laws and regulations.

Accepting compensation from clients directly would bypass the broker and is not allowed, as all financial transactions related to the brokerage must flow through the broker. Accepting compensation from any real estate agent or any broker, regardless of their affiliation with the salesperson's principal broker, is also not permissible under Indiana law. This structure is in place to maintain a clear chain of responsibility and protect all parties involved in real estate transactions.

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