Section 1450.430  Application for Broker License by Examination

a)         Each applicant for a broker license shall submit to the Division:

1)         A signed and completed application in a format provided by the Division;

2)         The required fee set forth in Section 1450.130;

3)         Proof of successful completion of the examination authorized by the Division;

4)         Proof of sponsorship, if the applicant is seeking an active license (see Section 1450.110); and

5)         A transcript, if applicable.

b)         An applicant shall have one year from the date of receipt of a passing examination score to submit an application to the Division and to meet the requirements for licensure.

c)         If an applicant for a broker license currently holds a residential leasing agent license, the residential leasing agent license must be in good standing.

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