Section 1450.100  Nonresident Licensure by Reciprocity

a)         A nonresident broker's license shall be issued to a real estate broker licensed under the laws of his or her state of domicile under the following conditions:

1)         That the broker is the holder of an active broker's license in his or her state of domicile;

2)         The Division has a reciprocal agreement with the broker's state of domicile that includes the provisions of this Section;

3)         That the standards of that state for licensing as a real estate broker are substantially equivalent to or greater than the minimum standards in Illinois;

4)         That the broker maintains a definite place of business in his or her state of domicile and has been actively engaged in the real estate business as a broker during the immediately preceding 2 years; and

5)         The broker shall file an application, on forms furnished by the Division, along with the required fee and:

A)        a statement bearing the seal of the licensing authority from each state in which he or she is licensed, showing:

i)          that he or she has an active license as a broker in that state;

ii)         that the license is in good standing; and

iii)         that no complaints are pending against the broker;

B)        proof of passing an approved test on Illinois specific real estate brokerage laws;

C)        if the broker does not maintain a definite office or place of business within the State of Illinois, a written statement which:

i)          appoints the Director to act as the broker's agent upon whom all judicial and other process may be served;

ii)         acknowledges and agrees to abide by all of the provisions of the Act with respect to all of the broker's activities within and relating to the State of Illinois; and

iii)         assents to jurisdiction of the Division;

D)        properly completed 45 day sponsor card form.

b)         A nonresident salesperson's license may be issued to a real estate salesperson who is employed by or associated with a nonresident broker holding a broker license in this State under the following conditions:

1)         That the salesperson is the holder of an active license in his or her state of domicile;

2)         That the salesperson is domiciled in the same state as the broker with whom he or she is associated;

3)         The Division has a reciprocal agreement with the salesperson's state of domicile that includes the provisions of this Section;

4)         That the standards of that state for licensing as a salesperson are substantially equivalent to or greater than the minimum standards in Illinois; and

5)         The salesperson shall file an application on forms furnished by the Division, along with the required fee and:

A)        a properly completed 45 day sponsor card form;

B)        a statement bearing the seal of the licensing authority from each state in which he or she is licensed, showing:

i)          that he or she has an active license as a salesperson in that state;

ii)         that the license is in good standing; and

iii)         that no complaints are pending against the salesperson;

C)        proof of passing an approved test on Illinois specific real estate brokerage laws; and

D)        if the salesperson does not maintain a definite office or place of business within the State of Illinois, a written statement which:

i)          appoints the Director to act as the salesperson's agent upon whom all judicial and other process may be served;

ii)         acknowledges and agrees to abide by all of the provisions of the Act with respect to all of the salesperson's activities within and relating to the State of Illinois; and

iii)         assents to jurisdiction of the Division.

c)         Licenses previously granted under reciprocal agreements with other states shall remain in force so long as the Division has a reciprocal agreement with the state that includes the requirements of this Section, unless that license is suspended, revoked, or terminated by the Division for any reason provided for suspension, revocation, or termination of a resident licensee's license.  Licenses granted under reciprocal agreements may be renewed in the same manner as a resident's license. Any licensee who renews a license which was granted under a reciprocal agreement thereby assents to jurisdiction without regard to the location of the licensee's domicile or principal business location or office locations.

d)         Any person holding a valid nonresident license under this Section shall be eligible to obtain a broker's or salesperson's license of the type granted to residents without examination should that person change his/her state of domicile to Illinois and that person otherwise meets the qualifications for licensure under this Act.

e)         All requirements for nonresident licensure shall be met within 1 year after the date of original application or the application shall be denied and the fee forfeited. Thereafter, to be reconsidered for licensure, the applicant shall file a new application and fee.

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