Which statement is true regarding advertising a property owned by an Indiana licensee?

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

The correct statement is that Henry must disclose the fact that he is indeed a real estate licensee. This requirement is in place to ensure transparency and protect consumers by informing them of any potential conflicts of interest. When a licensee advertises their own property, they hold a unique position where buyers may assume that the licensee has an advanced understanding of the real estate market, which could influence their decisions. By disclosing his licensee status, Henry is complying with ethical standards and legal obligations, helping to foster trust in the transaction.

This disclosure obligation is aimed at minimizing any misleading perceptions that may arise during the sale process. It's critical in maintaining the integrity of the real estate profession and protects consumers from potential exploitation.

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