Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE68. PROFESSIONS AND OCCUPATIONS |
PART1450. REAL ESTATE LICENSE ACT OF 2000 |
SUBPARTH. AGENCY RELATIONSHIPS |
§1450.820. Dual Agency Prohibition
Latest version.
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A licensee shall not serve as a dual agent in any transaction when the licensee, or an entity in which the licensee has or will have any ownership interest, directly or indirectly, is a party to the transaction.
(Source: Amended at 45 Ill. Reg. 2851, effective February 23, 2021)