Which is true regarding a person acting as a real property securities dealer in Indiana?

A person acting as a real property securities dealer in Indiana must register under both Indiana and federal laws. This requirement ensures that individuals engaging in the sale or management of real property securities adhere to specific regulatory standards, which are in place to protect investors and maintain market integrity. These laws are designed to ensure that all transactions are conducted fairly and transparently, and that individuals involved in such activities have met the necessary qualifications and understand their obligations to investors.

The registration process typically involves disclosing pertinent information about the individual’s qualifications, financial status, and business practices, which reflects the seriousness of managing securities. It is an essential step to ensure compliance with financial regulations and to foster trust in the securities market.

In contrast, the other options imply either exemptions from regulations or a lack of necessary oversight, which is not compatible with the legal framework surrounding real property securities in Indiana.