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 1450.130 FEES


 

Section 1450.130  Fees

 

a)         Residential Leasing Agent License and Residential Leasing Agent Student

 

1)         The application fee for an initial residential leasing agent license is $75.

 

2)         The renewal fee for an unexpired residential leasing agent license is $50 per year.

 

3)         The late fee for a residential leasing agent license expired for no more than 2 years is $50.

 

4)         The application fee for a residential leasing agent permit is $25.

 

5)         The restoration fee for a residential leasing agent license expired for more than 2 years but less than 5 years is the sum of all lapsed renewal and late fees.

 

6)         A person receiving an initial license during the first renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

b)         Broker License

 

1)         The application fee for an initial broker license is $125.

 

2)         The renewal fee for an unexpired broker license is $75 per year.

 

3)         The late fee for a broker license expired for no more than 2 years is $50.

 

4)         The restoration fee for a broker license expired for more than 2 years but less than 5 years is the sum of all lapsed renewal and late fees.

 

5)         The fee to transfer from a managing broker license to a broker license is $125.

 

6)         A person receiving an initial license within the first renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

c)         Managing Broker License

 

1)         The application fee for an initial managing broker license is $150.

 

2)         The renewal fee for an unexpired managing broker license is $100 per year. 

 

3)         The late fee for a managing broker license expired for no more than 2 years is $50.

 

4)         The restoration fee for a managing broker license expired for more than 2 years but less than 5 years is the sum of all lapsed renewal and late fees.

 

5)         A person receiving an initial license during the first renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

d)         Real Estate Auction Certification

 

1)         The application fee for an initial real estate auction certification is $125.

 

2)         The renewal fee for an unexpired real estate auction certification is $150 per year.

 

3)         The late fee for a real estate auction certification expired for no more than 2 years is $50.

 

4)         A person receiving an initial certificate during the first renewal period shall not be required to pay the initial renewal fee and will be issued a certificate expiring on the second renewal deadline.

 

e)         Corporation, Limited Liability Company, Partnership, Limited Partnership or Limited Liability Partnership License

 

1)        The application fee for an initial corporation, limited liability company, partnership, limited partnership or limited liability partnership license is $125.

 

2)        The renewal fee for an unexpired corporation, limited liability company, partnership, limited partnership or limited liability partnership license is $75 per year.

 

3)        The late fee for a corporation, limited liability company, partnership, limited partnership or limited liability partnership license expired for no more than 2 years is $50.

 

4)        An entity receiving its initial license during the first renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

f)         Education Provider, Pre-license Instructor and Course License Fees

 

1)         The application fee for an initial education provider license is $1,025.

 

2)         The renewal fee for an unexpired education provider license is $525 per year.

 

3)         The late fee for an education provider license expired for no more than 2 years is $50.

 

4)         The application fee for an initial pre-license instructor license is $125.

 

5)         The renewal fee for an unexpired pre-license instructor license is $125 per year.

 

6)         The late fee for a pre-license instructor license expired for no more than 2 years is $50.

 

7)         The application fee for an initial pre-license course license is $125.

 

8)         The application fee for a revised format pre-license course license is $125.

 

9)         The renewal fee for an unexpired pre-license course license is $50 per year.

 

10)        The late fee for a pre-license course license expired for no more than 2 years is $50.  

 

11)        The application fee for an initial post-license course license is $125.

 

12)        The application fee for a revised format post-license course license is $125.

 

13)        The renewal fee for an unexpired post-license course license is $50 per year.

 

14)        The late fee for a post-license course license expired for no more than 2 years is $50.

 

15)        An education provider, pre-license instructor, pre-license course, or post-license course receiving an initial license during the renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

g)         Continuing Education, Instructor and Course License Fees

 

1)         The application fee for an initial CE instructor license is $75.

 

2)         The renewal fee for an unexpired CE instructor license is $75 per year.

 

3)         The late fee for a CE instructor license expired for no more than 2 years is $50.

 

4)         The application fee for an initial CE course license is $125.

 

5)         The application fee for a revised format CE course license is $125.

 

6)         The renewal fee for an unexpired CE course license is $50 per year.

 

7)         The late fee for a CE course license expired for no more than 2 years is $50.

 

8)         A CE instructor or CE course receiving an initial license during the renewal period shall not be required to pay the initial renewal fee and will be issued a license expiring on the second renewal deadline.

 

h)         General

 

1)         All fees paid pursuant to the Act and this Section shall be made payable to the Department of Financial and Professional Regulation and are non-refundable.

 

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

 

3)         Applicants for an examination as a residential leasing agent, broker, managing broker, instructor or real estate auction certification holder shall be required to pay the cost of taking 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.

 

4)         The fee for requesting credit for CE obtained while out-of-state (see Section 5-75 of the Act) is $25.

 

5)         The fee for processing a sponsorship transfer is $25.

 

6)         The fee for a copy of a transcript of the proceedings under Section 20-62 of the Act is the cost of a copy of the transcript.  A copy of the balance of the record will be provided at the Division's cost of producing the record.

 

7)         The fee for certifying the record referred to in Section 20-73 of the Act is $1 per page.

 

8)         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 20-20 of the Act.

 

9)         Each university, college, community college or school supported by public funds in the State of Illinois shall be exempt from the education provider and course licensure fees, provided that the institution meets the following criteria and certifies to the Division that:

 

A)        The facility is domiciled and supported by public funds in the State of Illinois;

 

B)        The instructors are approved and licensed by the Department;

 

C)        The courses are approved and licensed by the Department; and

 

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

 

(Source:  Amended at 45 Ill. Reg. 2851, effective February 23, 2021)