Section 1450.95  Fees

 

a)         License of a Leasing Agent

 

1)         The application fee for an initial leasing agent license shall be $75.

 

2)         The application fee to renew a leasing agent license shall be $50 per year.

 

3)         The late renewal fee for leasing agent licenses renewed after the expiration date of the license shall be $50.

 

4)         The fee for issuing a 120 day leasing agent permit shall be $25.

 

b)         License of Real Estate Salesperson

 

1)         The fee for an initial license as a salesperson is $125.  The fee must accompany the application to determine the applicant's fitness to receive a license.

 

2)         The fee for renewal of a salesperson's license which has not expired shall be calculated at the rate of $50 per year.

 

3)         The fee for the renewal of a salesperson's license which has been expired for not more than 2 years, as provided for in Section 5-55 of the Act, is the sum of all lapsed renewal fees plus $50.

 

c)         License of Broker

 

1)         The fee for an initial license as a broker is $125.  The fee must accompany the application to determine an applicant's fitness to receive a license.

 

2)         The fee for the renewal of a broker's license which has not expired shall be calculated at the rate of $75 per year.

 

3)         The fee for the renewal of a broker's license which has been expired for not more than 2 years, as provided for in Section 5-55 of the Act, is the sum of all lapsed renewal fees plus $50.

 

d)         License of Partnership, Limited Liability Company, or Corporation

 

1)         The fee for an initial license for a partnership, limited liability company, or corporation is $125.  The fee must accompany the application to determine an applicant's fitness to receive a license.

 

2)         The fee for the renewal of a license for a partnership, limited liability company, or corporation shall be calculated at the rate of $75 per year.

 

3)         The fee for the renewal of a license for a partnership, limited liability company or corporation which has been expired is the sum of all lapsed renewal fees plus $50.

 

e)         License for Branch Office

 

1)         The fee for an initial license for a branch office is $125.  The fee must accompany the application to determine an applicant's fitness to receive a license.

 

2)         The fee for the renewal of a branch office license shall be calculated at the rate of $75 per year.

 

3)         The fee for the renewal of a branch office license which has been expired is the sum of all lapsed renewal fees plus $50.

 

f)          Pre-License School, Instructor, and Course Fees

 

1)         The fee for an application for initial approval of a pre-license school is $1,025.  The fee must accompany the application to determine an applicant's fitness to receive a license.

 

2)         The fee for renewal of approval of a pre-license school shall be calculated at the rate of $525 per year.

 

3)         The fee for the renewal of approval of a pre-license school which has been expired is the sum of all lapsed renewal fees plus $50.

 

4)         The fee for an application for initial approval of a branch for a pre-license school is $175 per branch.  The fee must accompany the application to determine an applicant's fitness to receive approval.

 

5)         The fee for renewal of approval of a branch for a pre-license school shall be calculated at the rate of $125 per branch per year.

 

6)         The fee for the renewal of approval of a branch for a pre-license school which has been expired is the sum of all lapsed renewal fees plus $50.

 

7)         The fee for transferring a branch location shall be $25 per transfer.

 

8)         The fee for application for initial approval of a pre-license instructor is $125.  The fee must accompany the application to determine the applicant's fitness for approval.

 

9)         The fee for renewal of approval of a pre-license instructor shall be calculated at the rate of $125 per year.

 

10)         The fee for the renewal of approval of a pre-license instructor which has been expired is the sum of all lapsed renewal fees plus $50.

 

11)         The fee for application for initial approval of a pre-license course is $125.  The fee must accompany the application for approval.

 

12)         The fee for renewal of approval of a pre-license course shall be calculated at the rate of $50 per year.

 

13)         The fee for the renewal of approval of a pre-license course which has been expired is the sum of all lapsed renewal fees plus $50.

 

g)         Continuing Education School, Instructor, and Course Fees

 

1)         The fee for an application for initial approval as a continuing education (CE) school shall be $2,025.  The fee must accompany the application to determine an applicant's fitness for approval.

 

2)         The fee for renewal of approval as a CE school shall be $2,025 per year.

 

3)         The fee for renewal of approval as a CE school which has expired shall be all lapsed renewal fees plus $50.

 

4)         The fee for an application for initial approval as a CE instructor shall be $75.  The fee must accompany the application to determine an applicant's fitness to receive approval.

 

5)         The fee for renewal of approval as a CE instructor shall be $75 per year.

 

6)         The fee for the renewal of approval as a CE instructor which has been expired shall be all lapsed renewal fees plus $50.

 

7)         The fee for an application for initial approval of a CE course shall be $125.  The fee must accompany the application for approval.

 

8)         The fee for renewal of approval of a CE course shall be $50 per year.

 

9)         The fee for renewal of approval of a CE course which has expired shall be all lapsed renewal fees plus $50.

 

h)         General

 

1)         All fees paid pursuant to the Act and this Section are non-refundable.

 

2)         The fee for the issuance of a duplicate license or pocket card, for the issuance of a replacement license or pocket card for a license or pocket card which has been lost or destroyed, for the issuance of a license with a change of name or address other than during the renewal period, or for the issuance of a license with a change of location of business, is $25.

 

3)         The fee for a certification of a licensee's record for any purpose is $25.

 

4)         The fee for a wall license showing registration shall be the cost of producing the license.

 

5)         The fee for a roster of persons licensed under the Act or for a list of licensees sponsored by the sponsoring broker shall be the cost of producing the roster.

 

6)         Applicants for an examination as a leasing agent, broker, salesperson, or instructor shall be required to pay a fee covering the cost of providing the examination.  If a designated testing service is utilized for the examination, the fee shall be paid directly to the designated testing service.  Failure to appear for the examination on the scheduled date, at the time and place specified, after the applicant's application for examination has been received and acknowledged, shall result in the forfeiture of the examination fee.

 

7)         The fee for requesting a waiver of continuing education requirements pursuant to Section 5-70 of the Act shall be $25.

 

8)         The fee for processing a sponsor card other than at the time of original licensure is $25.

 

9)         The fee for a copy of a transcript of the proceedings under Section 20-60(h) of the Act shall be the cost of a copy of the transcript.  A copy of the balance of the record will be provided at the Division's cost for producing the record.

 

10)         The fee for certifying the record referred to in Section 20-75 of the Act is $1 per page of the record.

 

11)         The Division may charge an administrative fee not to exceed $500, as a part of a compliance agreement issued with an administrative warning letter pursuant to Section 1450.250(d)(2).

 

12)         Each university, college, community college or school supported by public funds shall be exempt from the school licensure fees provided each university, college, community college or school meets the following criteria:

 

            A)        the facility is supported by public funds;

 

B)        the instructors are considered full-time faculty and are supported by public funds or if the administrator of the real estate school/program/curricula is considered full-time with exclusive responsibility for the administration of the real estate school/program/curricula and is supported by public funds;

 

C)        the program, pre-license and/or continuing education, revenues are deposited into the general fund of the university, college, community college or school as are other appropriated public funds; and

 

D)        the program, pre-license and/or continuing education, is not a for-profit division of the university, college, community college or school.

 

(Source:  Amended at 30 Ill. Reg. 11075, effective June 8, 2006)