ADMINISTRATIVE CODE
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 1450.150 REQUIRED INFORMATION OF APPLICANT OR LICENSEE


 

Section 1450.150  Required Information of Applicant or Licensee  

 

a)         Address of Record and Email Address of Record

 

1)         Pursuant to Section 2105-7 of the Civil Administrative Code of Illinois [20 ILCS 2105], all applicants and licensees shall provide to the Division a valid address, which shall not be a post office box, and a valid email address, which shall serve as the address of record and email address of record, respectively, at the time of application for licensure or renewal of a license; and

 

2)         Pursuant to Section 5-41 an applicant or licensee shall inform the Division, in a format provided by the Division, of any change of address, email address, phone, or office location within 24 hours after such change.

 

3)         The Division may provide service of documents by email to an applicant's or licensee's email address of record in accordance with the Act, the Department of Professional Regulation Law [20 ILCS 2105], or Section 10-75 of the Illinois Administrative Procedure Act [5 ILCS 100].  Service by email shall be deemed complete on the day of transmission regardless of whether the documents are delivered to the applicant's or licensee's spam or junk email folder.

 

b)         Aliases, Diminutives, and Nicknames. Within 14 days after the change, each licensee shall notify the Division, in a format provided by the Division, of any name change.

 

1)         The licensee shall notify the Division if the licensee regularly practices under an alias, diminutive, or nickname of the licensee's name.

 

2)         If an individual licensee changes names by court order or due to marital status change, the licensee shall:

 

A)        Notify the Division of the name change;

 

B)        Provide the Division a copy of the marriage certificate or portions of the court order relating to the name change; and

 

C)        Indicate the name to be utilized for licensure. 

 

3)         The licensee shall ensure that all CE certificates are issued under the name of licensure.

 

c)         Office Location.  Each licensee shall provide the Division, in a format provided by the Division, all physical office locations, virtual office websites or digital platforms.  Each licensee shall notify the Division, in a format provided by the Division, of a change in any physical office location or virtual office website or digital platform, within 24 hours after the change in location.

 

d)         Each sponsoring broker shall, within 24 hours, notify the Division, in a format provided by the Division, of any change of business information.

 

1)         When a licensee acquires or transfers any interest in a licensed corporation, limited liability company, partnership, limited partnership, or limited liability partnership licensed under the Act.

 

2)         When a licensee becomes an officer, manager, member or partner of a corporation, limited liability company, partnership, limited partnership, or limited liability partnership, including any associated changes in designated managing brokers or office location.

 

3)         When the licensee operates under an assumed name, it shall comply with the applicable provisions of Section 1450.120.

 

(Source:  Amended at 49 Ill. Reg. 9512, effective July 7, 2025)