Under Indiana law, what limit exists for unlicensed individuals regarding compensation in real estate?

In Indiana, the law is clear that unlicensed individuals may not receive any form of compensation for activities related to real estate transactions. This regulation is in place to protect consumers and ensure that all individuals involved in the buying and selling of real estate have the appropriate training and qualifications that licensing confers. By prohibiting compensation to unlicensed individuals, the law helps maintain industry standards and encourages transactions to be handled by professionals who understand the complexities of real estate law and finance.

Allowing unlicensed individuals to receive payment could lead to a lack of accountability, potential fraud, and diminished consumer protection. Thus, the stipulation that unlicensed individuals may not receive any compensation underscores the importance of licensing in maintaining a reputable and regulated real estate market.