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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 1450.50 CONTINUING EDUCATION REQUIREMENT FOR LEASING AGENTS
Section 1450.50 Continuing Education Requirement for Leasing Agents
a) Beginning with the July 31, 2000 renewal of licenses for leasing agents, and for every renewal thereafter, each leasing agent licensee shall complete during the 24 month period prior to that renewal a minimum of six hours of continuing education (CE) that is relevant to leasing residential real property and is approved by the Advisory Council created by Section 30-10 of the Act. Approved courses shall, at a minimum, cover recent changes in the Act and other laws affecting the leasing of residential real estate and material regarding fair housing laws relating to the leasing of residential real property.
b) A renewal applicant is not required to comply with these requirements for the first renewal following the original issuance of the applicant's leasing agent license.
c) Continuing education schools, instructors, and courses must be approved by the Division as provided in Section 1450.285 of this Part.
d) Licensee compliance with CE requirements shall be certified pursuant to the following provisions:
1) Each renewal applicant shall certify, on the renewal application, full compliance with the CE requirements of this Section.
2) The Division may, in the context of compliance audits, require additional evidence demonstrating compliance with the CE requirements (e.g., a certificate of attendance). It is the responsibility of each renewal applicant to retain or otherwise produce evidence of compliance.
3) In the context of a compliance audit, the Division shall accept verification (e.g., original transcript, certificate of attendance) submitted directly from a school on behalf of a renewal applicant as proof of CE compliance.
4) When there appears to be a lack of compliance with CE requirements, a licensee shall be subject to discipline pursuant to this Part and the Act.
e) The Division shall conduct audits pursuant to Section 1450.245 to verify compliance with this Section.
(Source: Amended at 30 Ill. Reg. 11075, effective June 8, 2006) |