TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VIII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS
PART 1450 REAL ESTATE LICENSE ACT OF 2000
SECTION 1450.145 RESTORATION


 

Section 1450.145  Restoration

 

a)         A person applying for restoration of a leasing agent license expired for more than 2 years but less than 5 years shall submit the following:

 

1)         A signed and completed leasing agent restoration application on forms provided by the Division;

 

2)         Proof of completion of the CE requirements set forth in Section 1450.250 for the most recent renewal period that ended immediately prior to the date of restoration application;

 

3)         Proof of successful completion of the 15 hour leasing agent pre-license course set forth in Section 5-10(a)(5) of the Act; and

 

4)         The required fee set forth in Section 1450.130.

 

b)         A person applying for restoration of a broker license expired for more than 2 years but less than 5 years shall submit the following:

 

1)         A signed and completed broker restoration application on forms provided by the Division;

 

2)         Proof of completion of the CE requirements set forth in Section 1450.450 for the most recent renewal period that ended immediately prior to the date of restoration application;

 

3)         Proof of successful completion of the 30 hour broker post-license courses set forth in Section 1450.1105(c); and

 

4)         The required fee set forth in Section 1450.130.

 

c)         A person applying for restoration of a managing broker license expired for more than 2 years but less than 5 years shall submit the following:

 

1)         A signed and completed managing broker restoration application on forms provided by the Division;

 

2)         Proof of completion of the CE requirements set forth in Section 1450.540 for the most recent renewal period that ended immediately prior to the date of restoration application;

 

3)         Proof of successful completion of the 45 hour managing broker pre-license courses set forth in Section 1450.1105(d); and

 

4)         The required fee set forth in Section 1450.130.

 

d)         A person with a license expired for more than 5 years shall submit a new application with the required fee for the applicable license to be reconsidered for licensure.

 

(Source:  Added at 40 Ill. Reg. 12588, effective September 2, 2016)