Sec. 17. A licensee may not make an offer of subagency through a multiple listing service or other information source, or agree to appoint, cooperate with, compensate, or otherwise associate with a subagent in a real estate transaction. The elimination of subagency by this section is not intended to limit the rights of a licensee to cooperate with, compensate, or otherwise associate with another licensee who is not acting on behalf of a client.
Ind. Code § 25-34.1-10-17
Subagency prohibited
Known as the Real Estate Broker Licensing Act
The act spans §§ 25-34.1-10-0.5 to 25-34.1-9-9 (164 sections).
As added by P.L.130-1999, SEC.22.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.