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REAL ESTATE LICENCE ROUTE Β· INDIANA REC Β· ON-SITE EXEMPTION APPLIES Β· TRUST ACCOUNTING AUDITED

Indiana Property Manager License,
the Indiana REC Real Estate Route

Indiana issues no property manager licence. Managing real property for another owner for compensation is real estate activity, so the credential is a broker licence or managing broker licence from the Indiana Real Estate Commission, Professional Licensing Agency. Indiana funnels everything through a single broker licence: the state retired the old salesperson tier, so new entrants become brokers working under a managing broker, and property management for other owners sits inside that licence. This guide covers what triggers the requirement, who is exempt, what the examination and trust account rules involve, and how to verify an Indiana property manager's standing.

Updated July 2026

Written by the GlobalCybers Labor Market Research team Β· Reviewed by GlobalCybers Data Desk, Wage & careers data review. Compiled from Indiana REC rules and real Indiana placements.

Direct Answer

How do you get an Indiana property manager license (Indiana REC)?

Indiana issues no property manager licence. Managing real property for another owner for compensation is real estate activity, so the credential is a broker licence or managing broker licence from the Indiana Real Estate Commission, Professional Licensing Agency. The activity that triggers the requirement is doing it for someone else for a fee: advertising and showing units, negotiating leases, collecting rent and holding security deposits. Indiana funnels everything through a single broker licence: the state retired the old salesperson tier, so new entrants become brokers working under a managing broker, and property management for other owners sits inside that licence. An employee managing property for the owner who employs them is in a different position from a broker managing for third parties, and Indiana's line follows that logic. Education hours, examination content and fee schedules are set by the Indiana REC and change from year to year, so confirm the current requirements with the Indiana Real Estate Commission, Professional Licensing Agency before you apply.

  1. Check whether your role is exempt as on-site management for a single owner.
  2. Complete the Indiana pre-licensing education required for the broker licence.
  3. Pass the Indiana real estate examination and clear the background check.
  4. Affiliate with a sponsoring broker, or hold the managing broker licence to operate independently.
  5. Maintain trust accounting and renew with continuing education on the Indiana REC cycle.

Governing law: Indiana real estate professional licensing law (Indiana Code, Title 25, Article 34.1)

See the full property manager career guide β†’

Indiana: property manager license β€” Licensing body Indiana REC, First-year cost, Broker-Level Education, exam, fingerprinting and application fees, per the current Indiana REC schedule, Typical time to licence Commonly 4 to 12 weeks, depending on the Indiana REC education requirement. Simplified outline of Indiana, stylised and not to scale.
Simplified outline of Indiana β€” a stylised shape, not to scale. Indiana property management at a glance: a broker licence or managing broker licence from the Indiana REC, with on-site exemptions and audited trust accounting.

Indiana property manager license at a glance

Published Indiana REC figures for the broker-level route, last checked 2026-07-27.
Licensing bodyIndiana Real Estate Commission, Professional Licensing Agency
Licence tiers7 tiers, On-site residential manager through Professional designations
Route covered hereBroker-Level
First-year cost, broker-levelEducation, exam, fingerprinting and application fees, per the current Indiana REC schedule
Continuing educationContinuing education each Indiana REC renewal cycle
Typical time to licenceCommonly 4 to 12 weeks, depending on the Indiana REC education requirement
Exam providerIndiana Real Estate Commission, Professional Licensing Agency, through its contracted testing vendor
Passing scoreSet by the Indiana REC; confirm the current standard before booking
Reference materialClosed book
ReciprocityNo standing reciprocity list published
Governing lawIndiana real estate professional licensing law (Indiana Code, Title 25, Article 34.1)

This guide is general information about Indiana licensing, not legal advice. Indiana RECrules, fees and deadlines change β€” confirm your own position with the board, or with a licensed attorney, before you rely on anything here.

Indiana property manager license types: the full Indiana REC ladder

The tiers below reflect licence type and exemption rather than a progression of skill. In Indiana the ladder is a real estate ladder, and the property management specialism sits inside it.

Entry

On-site residential manager

Salaried staff managing a property for the owner who employs them. An employee managing property for the owner who employs them is in a different position from a broker managing for third parties, and Indiana's line follows that logic.

Individual

Indiana broker licence

The usual entry licence for managing property for others in Indiana: pre-licensing education, the state examination, a background check and, in most cases, affiliation with a sponsoring broker.

Individual

Indiana managing broker licence

The senior licence. Additional experience and examination, and the level at which you may operate a management company in Indiana and hold the trust account in your own right.

Business

Property management firm

The company itself is generally licensed or registered in Indiana alongside its individual licensees, and it carries the trust account, the record-keeping duty and the supervision obligation.

Specialty

Community association management

Indiana does not issue a separate community association manager licence, so association work is governed by the same licensing analysis as other management, plus the association's governing documents and state association statute.

Specialty

Trust account holder

Whoever holds rent, deposits and owner funds carries the Indiana REC record-keeping and reconciliation duties, which are audited and are the most frequently enforced part of Indiana property management practice.

Specialty

Professional designations

The Certified Property Manager, Accredited Residential Manager and similar credentials from the Institute of Real Estate Management are voluntary, well regarded, and carry no legal authority in any state.

Exact experience hours and fees vary by license type and can change, confirm current requirements on the Indiana REC Property Manager program page.

Broker licence vs Managing broker Property Manager in Indiana, what is the difference?

RequirementBroker licenceManaging broker
What it authorisesManagement under a brokerManagement plus brokerage, independently
Issued byIndiana RECIndiana REC
Sponsoring broker needed?Yes, in most casesNo
May hold the trust accountNo, the broker doesYes
May run a management firmNoYes
Continuing educationRequired at renewal (Indiana REC)Required at renewal (Indiana REC)
Association managementSame analysis appliesSame analysis applies

How do you get an Indiana Broker-Level Property Manager license?

  1. 1

    Establish whether you need a licence at all

    An employee managing property for the owner who employs them is in a different position from a broker managing for third parties, and Indiana's line follows that logic. The trigger everywhere is acting for another owner for compensation. If you manage only property owned by the company that employs you, you are in a different position from a firm managing scattered properties for outside owners. Confirm the exemption's exact wording with the Indiana Real Estate Commission, Professional Licensing Agency rather than relying on the general rule.

  2. 2

    Complete the required pre-licensing education

    Indiana sets the number of pre-licensing hours for the broker licence and approves the schools that deliver them. Pay particular attention to the agency, fair housing and trust-fund material: agency duties define what you owe an owner, and trust-fund rules are what you will apply every month when rent lands. The Indiana REC publishes the current hour requirement and the approved provider list.

  3. 3

    Pass the Indiana examination and clear the background check

    The examination has a national portion covering agency and fiduciary duty, contracts, property interests, fair housing, financing and trust funds, and an Indiana portion covering the state's licensing law, trust and escrow rules, landlord-tenant statute and disclosure requirements. Fingerprinting and a background check follow, and that is usually the slowest step in the process.

  4. 4

    Affiliate with a sponsoring broker, or step up to the managing broker licence

    In Indiana a broker licence is generally held under a broker who supervises the work and carries the trust account. To operate a management company in your own name, hold rent and deposits yourself and take the compliance responsibility, you need the managing broker licence, which requires additional experience and a further examination.

  5. 5

    Set up trust accounting, then keep the licence current

    Open a segregated trust or escrow account for rent, security deposits and owner funds, reconcile it monthly, and keep records for the retention period the Indiana REC requires. Then renew on the Indiana REC cycle with the required continuing education. Trust account failures, not licensing failures, are what most disciplinary cases in property management are about.

Does an Indiana property manager license transfer to other states?

Real estate licences reciprocate unevenly and the agreements change, so there is no dependable list to memorise. Some states have mutual recognition arrangements letting a licensee in good standing obtain a licence by sitting the state-law portion only; others require the full pre-licensing education and examination again. Because property management is regulated through real estate law in Indiana, that patchwork is what governs a property manager's mobility. Managing property in a state where you are not properly licensed is a serious violation even when your firm is licensed elsewhere. Confirm current terms with the Indiana Real Estate Commission, Professional Licensing Agency before taking on Indiana property.

Reciprocity agreements change, always confirm the current list and requirements on the Indiana REC Property Manager program page before applying.

How much does an Indiana property manager license cost, and how long does it take?

There is no reliable single figure to quote. Pre-licensing tuition, the examination fee, fingerprinting, the application fee and the renewal cycle are all set by the Indiana Real Estate Commission, Professional Licensing Agency and its contracted vendors, and they are revised periodically, so the current Indiana REC fee schedule is the only source worth relying on. What is predictable is the shape of the spend: education first, examination and background check next, then the application, then a recurring renewal with continuing education. Budget time rather than money as the real constraint, since the background check usually sets the pace.

Cost breakdown
Broker licence application + examPre-licensing education plus the Indiana examination fee (Indiana REC fee schedule)
Managing broker application + examAdditional education, experience and examination for the managing broker licence (Indiana REC fee schedule)
CE courses (per year)Continuing education each Indiana REC renewal cycle
First-year total (Broker-Level)Education, exam, fingerprinting and application fees, per the current Indiana REC schedule
Timeline after your hours
Application reviewWeeks, usually driven by the background check
Exam schedulingWidely available at testing centres
License processingDays to weeks after passing
Typical totalCommonly 4 to 12 weeks, depending on the Indiana REC education requirement

Indiana property management exam details and license lookup

What is on the Indiana REC examination?

The Indiana examination has two portions. The national portion covers agency and fiduciary duty, contracts, property ownership and interests, fair housing, financing and trust funds. The Indiana portion covers the state's licensing law, trust and escrow account rules, landlord-tenant statute and disclosure requirements, and for a property manager it is the more important half: trust-fund handling is what you apply every month and it is the area regulators examine most closely. The Indiana Real Estate Commission, Professional Licensing Agency publishes the current content outline, passing standard and testing vendor.

How to verify an Indiana property manager license

Verification runs through the Indiana Real Estate Commission, Professional Licensing Agency licensee lookup, which shows the licence type, its status, the sponsoring broker where the state uses one, and any disciplinary history. Verify in Indiana itself rather than in the state where a management company is headquartered, since it is the location of the property that determines which licence is needed. Owners should also ask to see evidence of a segregated trust account and its most recent reconciliation before handing over rent or deposits. GlobalCybers verifies every candidate's licence before they reach your portal.

Do property managers need a license in Indiana?

Usually yes, but not a property manager licence, a real estate one. Indiana issues no property manager licence. Managing real property for another owner for compensation is real estate activity, so the credential is a broker licence or managing broker licence from the Indiana Real Estate Commission, Professional Licensing Agency.

An employee managing property for the owner who employs them is in a different position from a broker managing for third parties, and Indiana's line follows that logic.

Does Indiana issue a property manager license?

No. There is no Indiana property manager licence to apply for. Managing property for other owners is treated as real estate activity, so the credential you obtain is the broker licence or the managing broker licence from the Indiana Real Estate Commission, Professional Licensing Agency.

A handful of states, Montana, Oregon, South Carolina and Nevada among them, do issue a dedicated property management credential; Indiana is not one of them.

Indiana Property Manager licenses, Frequently Asked Questions

Are on-site apartment managers exempt in Indiana?

An employee managing property for the owner who employs them is in a different position from a broker managing for third parties, and Indiana's line follows that logic. The general pattern across the country is that a salaried employee who manages a single owner's property, and is paid a wage rather than a commission or a share of rents, is outside the licensing requirement, which is why so many leasing offices operate with unlicensed staff under a licensed firm. The exemption is worded differently in every state and it usually disappears the moment you manage for other owners or are paid out of the transaction, so read the Indiana wording with the Indiana REC before relying on it.

What does the Indiana licensing examination cover?

Two portions. The national portion covers agency and fiduciary duty, contracts, property ownership and interests, fair housing, financing and trust funds. The Indiana portion covers the state's own licensing law, trust and escrow account rules, landlord-tenant statute and disclosure requirements. For a property manager the trust-fund material is the part that matters most in practice, because mishandling rent and deposits held for owners is the most common source of disciplinary action. The Indiana REC publishes the current content outline and passing standard.

How much does it cost, and how long does it take, to get licensed in Indiana?

Licensing is inexpensive relative to the responsibility it carries, but the exact figures move: pre-licensing tuition, the examination fee, the fingerprinting and background check, the application fee and the renewal cycle are all set by the Indiana Real Estate Commission, Professional Licensing Agency and its contracted vendors and are revised periodically. Rather than rely on a number quoted anywhere online, check the current fee schedule on the Indiana REC website. The timeline is usually driven by two things: how many pre-licensing education hours the state requires, and how long the background check takes.

Can I manage property in Indiana on a license from another state?

Not without dealing with Indiana licensing first. Real estate licences reciprocate unevenly: some states have mutual recognition agreements letting a licensee in good standing obtain a licence by taking the state-law portion only, others require the full education and examination again, and the agreements change. Because property management is regulated through real estate law in Indiana, that patchwork is what governs your mobility. Managing property in a state where you are not properly licensed is a serious violation even if your firm is licensed elsewhere, so confirm with the Indiana Real Estate Commission, Professional Licensing Agency before taking on property here.

Do I need a separate license to manage a homeowner or condominium association in Indiana?

Indiana does not issue a separate community association manager licence, so the analysis is the same one that applies to any other management work here: are you acting for another for compensation, and are you holding their funds. Several states, including Florida, Georgia, Illinois, Virginia, Connecticut and Nevada, do license association management separately, so never carry an assumption across a state line.

What are the trust account rules for Indiana property managers?

Where you hold rent, security deposits or owner funds, they belong in a segregated trust or escrow account, never in an operating account and never commingled with your own money. The Indiana Real Estate Commission, Professional Licensing Agency sets the record-keeping, reconciliation and retention requirements and audits against them. The managing broker licence holder is normally the person legally responsible for that account. This is the most frequently enforced area of property management practice in every state, and separately from licensing, Indiana security deposit law governs how tenant deposits are held, accounted for and returned.

How do I verify an Indiana property manager's license?

Use the Indiana Real Estate Commission, Professional Licensing Agency licensee lookup, which shows the licence type, its status, the sponsoring broker where applicable and any disciplinary history. Check the individual and the firm, and always verify in the state where the property is located rather than where the company is based. GlobalCybers verifies every candidate's licence before they reach your portal.

Sources & references

Indiana Real Estate Commission, Professional Licensing Agency Β· Association of Real Estate License Law Officials (ARELLO) Β· Institute of Real Estate Management (CPM designation) Β· BLS Occupational Outlook Handbook (Property, Real Estate and Community Association Managers) Β· U.S. Bureau of Labor Statistics, OEWS May 2025 (11-9141). Fees and rules can change, confirm current details at www.in.gov/pla/professions/real-estate-commission before applying.

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Indiana REC Key Facts
Issuing bodyIndiana REC
Dedicated PM licence?No, real estate licence
Usual credentialBroker licence
Senior credentialManaging broker
On-site exemptionCommonly available
Association managersNo separate licence
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