Indiana Code > Title 25 > Article 34.1 > Chapter 5 – Educational Courses
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Terms Used In Indiana Code > Title 25 > Article 34.1 > Chapter 5 - Educational Courses
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Broker: means a person who:
Indiana Code 25-34.1-1-2
- Commission: means the Indiana real estate commission. See Indiana Code 25-34.1-1-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Course approval: means approval of a broker course granted under this article which is not expired, suspended, or revoked. See Indiana Code 25-34.1-1-2
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- License: means a broker license issued under this article and which is not expired, suspended, or revoked. See Indiana Code 25-34.1-1-2
- Licensing agency: means the Indiana professional licensing agency established by IC 25-1-5-3. See Indiana Code 25-34.1-1-2
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- Person: means an individual, a partnership, a corporation, or a limited liability company. See Indiana Code 25-34.1-1-2
- Real estate: means any right, title, or interest in real property. See Indiana Code 25-34.1-1-2
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5