Indiana law stuvia - Study guides, Class notes & Summaries

According to Indiana law, a claimant seeking relief from the Indiana Recovery Fund must be a resident of Indiana A. True B. False - ANSWERSFalse - Although a claimant must have cause due to an Indiana Real estate transaction, the claimant is not required to be a resident of Indiana What type of agent do you think a broker is in the managing broker - agent relationship? A. Universal B. Special C. General D. Limited - ANSWERSC - Agents are considered to be general agents to their mana...

Can a Notary practice law? -ANSWER A notary is specifically PROHIBITED from practicing law, unless he/she is already an attorney Are notaries commissioned for their specific county of residence? -ANSWER NO. Notaries are commissioned for the entire state of Ohio but should still apply through their county of residency. When must an applicant take their notary exam? -ANSWER Within 90 days of receiving test instructions. An applicant who fails to pass the exam may not file a new applica...

According to Indiana law, a claimant seeking relief from the Indiana Recovery Fund must be a resident of Indiana A. True B. False - ANSWERSFalse - Although a claimant must have cause due to an Indiana Real estate transaction, the claimant is not required to be a resident of Indiana What type of agent do you think a broker is in the managing broker - agent relationship? A. Universal B. Special C. General D. Limited - ANSWERSC - Agents are considered to be general agents to their mana...

According to Indiana law, a claimant seeking relief from the Indiana Recovery Fund must be a resident of Indiana A. True B. False - Answers False - Although a claimant must have cause due to an Indiana Real estate transaction, the claimant is not required to be a resident of Indiana What type of agent do you think a broker is in the managing broker - agent relationship? A. Universal B. Special C. General D. Limited - Answers C - Agents are considered to be general agents to their ma...

Law - ANSWERSa written law enacted by the legislature (congress or local municipalities, governor, president) ELECTED OFFICIALS) T/F LAWS GO THROUGH A PUBLIC COMMENT AND REVISION PROCESS - ANSWERSFALSE Where are federal laws found? - ANSWERSUnited States Code (USC) Where are Indiana laws found? - ANSWERSIndiana Code (IC) What is a Regulation/Rule? - ANSWERShaving the force of a law issued by an administrative agency- FDA, DEA, BOP (NON ELECTED ) Where are federal regulations publi...