Statutes, codes, and regulations
Indiana Administrative Code
Title 876 - INDIANA REAL ESTATE COMMISSIONArticle 8 - OPERATION OF BROKER COMPANIES AND OTHER PROVISIONS CONCERNING REAL ESTATE PRACTICE
Rule 876 IAC 8-1 - Operation of Broker Companies
Section 876 IAC 8-1-9 - Splitting commissions

876 Ind. Admin. Code 8-1-9

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Current through December 12, 2024
Section 876 IAC 8-1-9 - Splitting commissions

Authority: IC 25-34.1-2-5

Affected: IC 25-34.1-3-4.1

Sec. 9.

A listing broker may offer a portion of the broker's commission as an inducement to selling brokers to sell a particular property. Such commission must be paid to the selling broker, and in no case shall it be paid directly to a broker associated with the selling broker.

876 IAC 8-1-9

Filed 5/22/2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff 7/1/2014
Readopted filed 11/19/2020, 9:56 a.m.: 20201216-IR-876200513RFA
Readopted filed 3/21/2024, 4:07 p.m.: 20240417-IR-876230829RFA