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 1450.1120 ADMINISTRATION OF PROFICIENCY EXAMINATIONS AND ELIGIBILITY TO TAKE THE PROFICIENCY EXAM AND TRANSITION COURSES
Section 1450.1120 Administration of Proficiency Examinations and Eligibility to Take the Proficiency Exam and Transition Courses
a) Administration of Proficiency Examinations
1) The proficiency exams provided for in Sections 5-46 and 5-47 of the Act shall be prepared by the Department's real estate testing service and shall be administered and proctored by any approved pre-license school, either in electronic or paper format, acting in accordance with guidelines for delivery and security established by the testing service and the Department. The pre-license school shall indicate in its proficiency examination registration whether the proficiency examination will be provided electronically, or in paper format, or both.
2) The examination shall be administered at the school's address of record or at a licensed school branch location. Schools may also administer and proctor the proficiency examination at an unlicensed location that has been pre-approved by the Department. Schools must comply with any terms and conditions set by the Department.
3) Failure to comply with the requirements of subsections (a)(1) and (2) shall subject the school to discipline under the Act and this Part.
4) A licensee may only take one proficiency exam. The passing score for the proficiency exams shall be 75%.
b) Anyone licensed as a broker and eligible to be a managing broker on April 30, 2011 may, upon successful completion of the managing broker proficiency examination or the managing broker transition course, file an application to meet the requirements of Section 5-47 of the Act and this Part.
c) Proficiency exams shall be administered prior to March 16, 2012 in order to allow sufficient time for the exams to be scored and for results to be shared with licensees. Further, in the event that a licensee fails the exam, he or she will have the opportunity to complete the required coursework before the statutory deadline. After this date, transitioning licensees must take the applicable transition course required in Section 1450.1105.