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 1450.820 DUAL AGENCY PROHIBITION


 

Section 1450.820  Dual Agency Prohibition

 

A licensee shall not serve as a dual agent in any transaction when the licensee, or an entity in which the licensee has or will have any ownership interest, directly or indirectly, is a party to the transaction.

 

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