Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE68. PROFESSIONS AND OCCUPATIONS |
PART1450. REAL ESTATE LICENSE ACT OF 2000 |
SUBPARTB. LEASING AGENT LICENSING AND EDUCATION |
§1450.220. Application for Residential Leasing Agent License by Examination
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a) Each applicant for a residential leasing agent license shall submit to the Division:
1) A signed and completed application, in a format provided by the Division;
2) The required fee set forth in Section 1450.130;
3) Proof of successful completion of the examination authorized by the Division;
4) Proof of sponsorship if the applicant is seeking an active license (see Section 1450.110); and
5) A transcript, if applicable.
b) Within 30 days after receipt and approval of a change of sponsorship, required fees and other documentation, the Division shall issue a residential leasing agent license to the licensee or notify the applicant of the basis for denial.
c) An applicant shall have one year from the date of receipt of a passing examination score to submit an application to the Division and to meet the requirements for licensure.
(Source: Amended at 45 Ill. Reg. 2851, effective February 23, 2021)