Section 1450.410  Broker Post-License Education Requirements

a)         Brokers shall be required to complete 45 hours of post-license education consisting of three 15-hour courses covering applied brokerage principles, risk management/discipline, and transactional issues, as required by the Act. This education must address the practical application of pre-license topics to the practice of real estate (see Section 1450.1105(c)). Brokers shall also pass an education provider administered 50-question examination for each course. The education and examinations shall be completed prior to the first renewal of the license.

b)         Brokers taking the 45-hour post-license education during their first license term shall not be required to complete any other CE during that license term.  The 45-hour post-license education must be completed within the 2 years immediately preceding the broker's first renewal.  However, those individuals who received their initial broker license within 180 days preceding the first broker renewal deadline must complete the 45-hour post-license education and pass each of the three 15-hour course final exams prior to the second broker renewal deadline.

c)         The Division shall conduct audits to verify compliance with this Section.

d)         The requirements of this Section do not apply to attorneys currently admitted to practice law by the Supreme Court of Illinois.

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