REAL ESTATE-NONRESIDENT SALES
Synopsis of Bill as introduced:
Amends the Real Estate License Act of 1983. Makes technical
changes to the short title Section.
SENATE AMENDMENT NO. 1.
Deletes reference to:
225 ILCS 455/2
Adds reference to:
225 ILCS 454/5-60
225 ILCS 454/1-10
Replaces the title and everything after the enacting clause.
Amends the Real Estate License Act of 2000. Adds the condition that
the Office of Banks and Real Estate have a reciprocal agreement with
the other state to the list of conditions for issuance of a nonresi-
dent salesperson's license and a broker's license to a broker licensed
under the laws of another state. Makes a change in the definition of
"managing broker". Effective December 31, 1999.
Last action on Bill: PUBLIC ACT.............................. 91-0702
Last action date: 00-05-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status