Which statement is true regarding an Indiana real estate licensee who has been granted an inactive license?

A licensee in Indiana who holds an inactive license is not engaged in active real estate practice, which includes participating in real estate transactions or representing clients. Therefore, the idea that the licensee may still engage in real estate transactions or represent clients legally is incorrect.

Regarding continuing education requirements, an inactive licensee is exempt from these obligations since they are not actively practicing real estate. This means that while they will need to fulfill certain requirements when they decide to become active again, they do not have to complete continuing education courses during the time their license remains inactive.

Regarding the renewal of the license, an inactive license still requires renewal, but the statement about the licensee needing to renew it annually may not accurately reflect the specifics of Indiana's licensing requirements; it might vary based on different circumstances or changes in law governing renewals. Thus, it’s crucial to understand that while inactive, certain ongoing obligations, like continuing education, do defer or change.