TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS PART 1455 REAL ESTATE APPRAISER LICENSING SECTION 1455.110 RENEWAL AND EXPIRATION OF LICENSURE
Section 1455.110 Renewal and Expiration of Licensure
a) Each applicant for renewal of a State Certified General Real Estate Appraiser License, State Certified Residential Real Estate Appraiser License, or Associate Real Estate Trainee Appraiser License shall submit to the Division:
1) An application, provided by the Division and signed by the applicant, on which all questions have been answered;
2) The fee required by Section 1455.320; and
3) Proof of successful completion of the continuing education requirements as provided by Subpart C.
b) A State Certified General Real Estate Appraiser, State Certified Residential Real Estate Appraiser, or Associate Real Estate Trainee whose license has expired may renew the license for a period of no more than two years following the expiration date of their license by submitting to the Division:
1) An application, in a manner prescribed by the Division and signed by the applicant, on which all questions have been answered;
2) The fee and late fee required by Section 1455.320; and
3) Proof of successful completion of the continuing education requirements as provided by Subpart C.
c) For the purposes of this Section, all licenses shall expire on September 30 of odd numbered years.
d) Any person or licensee who fails to renew pursuant to subsection (a) or (b) or place their license into inactive status pursuant to Section 1455.115, shall not be eligible to renew their license, and must meet the requirements of a new applicant as required by the Act and Section 1455.100.
e) License renewals will be processed and considered final when proof of successful completion of all continuing education for the applicable renewal periods are submitted and awarded credit by the Division.
f) Licensees, upon returning from active military duty, related military education, training, or employment, within two years after termination of service or employment, shall submit to the Division:
1) A complete application, provided by the Division, signed by the applicant, and which includes an affidavit of engagement of service;
2) A copy of their DD 214 Certificate of Release or Discharge from Active Duty;
3) The fee required by Section 1455.320; and
4) Proof of successful completion of the continuing education requirements as provided by Subpart C.
(Source: Amended at 48 Ill. Reg. 14553, effective September 24, 2024) |