91st General Assembly
Summary of SB0239
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Short description: 
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

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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