Public Act 90-0318 of the 90th General Assembly

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Public Act 90-0318

SB595 Enrolled                                 LRB9003164LDdv

    AN ACT to amend the Real Estate License Act  of  1983  by
changing Sections 36.01, 36.10, 36.17 and 36.18.

    Be  it  enacted  by  the People of the State of Illinois,
represented in the General Assembly:

    Section 5.  The  Real  Estate  License  Act  of  1983  is
amended  by  changings  36.01,  36.10,  36.17  and  36.18  as
follows:

    (225 ILCS 455/36.01) (from Ch. 111, par. 5836.01)
    Sec.  36.01.   Statement  of purpose.  The intent of this
Article of the Real Estate License Act of 1983 is  to  enable
real  estate appraisers in this State to voluntarily obtain a
real estate appraiser's license or  real  estate  appraiser's
certificate   for   the   purpose  of  enabling  real  estate
appraisers to conduct appraisals which  are  required  to  be
performed  by  a  State licensed or State certified appraiser
under the provisions of Title XI  of  the  federal  Financial
Institutions  Reform,  Recovery, and Enforcement Act of 1989,
(12 U.S.C., Chapter 34A), and Title VIII of the Civil  Rights
Act  of  1968  (the Fair Housing Law), and the Illinois Human
Rights Act, as now or hereafter amended. It is the intent  of
the  General  Assembly that this Act shall be consistent with
the  provisions  of  Title  XI  of  the   federal   Financial
Institutions Reform, Recovery and Enforcement Act of 1989, as
now or hereafter amended.
    Nothing  in  this  Act shall preclude a person who is not
certified or licensed under this Article from appraising real
estate in this State for compensation.
(Source: P.A. 87-795.)

    (225 ILCS 455/36.10) (from Ch. 111, par. 5836.10)
    Sec. 36.10.  Examination prerequisites.
    (a)  Certified  general  real  estate  appraiser.   As  a
prerequisite to taking the examination for certification as a
State certified general real estate appraiser,  an  applicant
shall  present  evidence of having successfully completed a 4
year course of study in a high  school  or  secondary  school
approved  by  the  Illinois  State  Board  of Education or an
equivalent course of study as determined  by  an  examination
conducted  by  the  Illinois  State  Board of Education which
shall be verified under oath  by  the  applicant,  and  shall
present  evidence,  satisfactory  to  the Office of Banks and
Real Estate, that he or she has  successfully  completed  not
less  than 150 classroom hours or its equivalent, as provided
by rule, of courses  in  subjects  relating  to  real  estate
appraisal,  plus  15 classroom hours relating to standards of
professional practice and the provisions of this Article from
one or more of the following entities, approved by the Office
of Banks and Real Estate:
         (1)  a college or university;
         (2)  a community college or junior college;
         (3)  a real estate appraisal or real estate  related
    organization;
         (4)  a   trade   association  or  organization  that
    consists in whole or in part of members engaged  in  real
    estate appraising; or
         (5)  any  other  providers approved by the Office of
    Banks and Real Estate.
    (b)  Certified residential real estate appraiser.   As  a
prerequisite to taking the examination for certification as a
State   certified   residential  real  estate  appraiser,  an
applicant  shall  present  evidence  of  having  successfully
completed a 4 year course  of  study  in  a  high  school  or
secondary  school  approved  by  the  Illinois State Board of
Education or an equivalent course of study as  determined  by
an  examination  conducted  by  the  Illinois  State Board of
Education  which  shall  be  verified  under  oath   by   the
applicant,  and  shall  present evidence, satisfactory to the
Office  of  Banks  and  Real  Estate,  that  he  or  she  has
successfully completed not less than 90  classroom  hours  or
its  equivalent, as provided by rule, or that amount mandated
under Title XI of the federal Financial Institutions  Reform,
Recovery  and  Enforcement Act of 1989, whichever is greater,
of courses in subjects relating  to  real  estate  appraisal,
plus 15 classroom hours relating to standards of professional
practice  and the provisions of this Article from one or more
of the following entities, approved by the  Office  of  Banks
and Real Estate:
         (1)  a college or university;
         (2)  a community college or junior college;
         (3)  a  real estate appraisal or real estate related
    organization;
         (4)  a  trade  association  or   organization   that
    consists  in  whole or in part of members engaged in real
    estate appraising; or
         (5)  any other provider approved by  the  Office  of
    Banks and Real Estate.
    (c)  Licensed real estate appraiser. As a prerequisite to
taking  the  examination  for  obtaining a license as a State
licensed real estate appraiser, an  applicant  shall  present
evidence  of having successfully completed a 4 year course of
study in a high school or secondary school  approved  by  the
Illinois  State Board of Education or an equivalent course of
study as  determined  by  an  examination  conducted  by  the
Illinois  State  Board  of  Education which shall be verified
under oath by  the  applicant,  and  shall  present  evidence
satisfactory  to  the Office of Banks and Real Estate that he
or she has successfully completed not less than 60  classroom
hours  or  its equivalent, as provided by rule, of courses in
subjects relating to real estate appraisal, plus 15 classroom
hours relating to standards of professional practice and  the
provisions of this Article, from one or more of the following
entities, approved by the Office of Banks and Real Estate:
         (1)  a college or university;
         (2)  a community college or junior college;
         (3)  a  real estate appraisal or real estate related
    organization;
         (4)  a  trade  association  or   organization   that
    consists  in  whole or in part of members engaged in real
    estate appraising; or
         (5)  any other providers approved by the  Office  of
    Banks and Real Estate.
    The  Office  of  Banks  and  Real Estate shall provide by
rule, a requirement for  course  work  in  fair  housing/fair
lending  to  be  included  within  the  requirements  of this
Section.
(Source: P.A. 89-508, eff. 7-3-96.)

    (225 ILCS 455/36.17) (from Ch. 111, par. 5836.17)

    Sec. 36.17.  Continuing education.
    (a)  As a prerequisite to renewal  of  a  certificate  or
license, a State certified or licensed real estate  appraiser
shall  present  evidence  satisfactory to the Office of Banks
and Real Estate, as provided by rule, of having completed not
less than 10 hours per year of continuing education,  or  its
equivalent  as  provided  by  rule,  from  one or more of the
following entities approved by the Office of Banks  and  Real
Estate:
         (1)  a college or university;
         (2)  a community college or junior college;
         (3)  a  real estate appraisal or real estate related
    organization;
         (4)  a  trade  association  or   organization   that
    consists  in  whole or in part of members engaged in real
    estate appraising; or
         (5)  such other providers approved by the Office  of
    Banks and Real Estate.
    The  Office  of  Banks  and  Real Estate shall provide by
rule, a requirement for  course  work  in  fair  housing/fair
lending  to  be  included  within  the  requirements  of this
Section.
    The Office of Banks and Real Estate may provide  by  rule
for   the  temporary  waiver  of  such  continuing  education
requirement for good cause.
    (b)  In lieu of meeting the  requirements  of  subsection
(a) of this Section an applicant for renewal of a certificate
or  license  may  satisfy  all or part of the requirements by
presenting evidence of the following:
         (1)  Completion of an educational program  of  study
    determined  by  rule  to  be  equivalent,  for continuing
    education  purposes,  to  courses  approved  pursuant  to
    subsection (a); or
         (2)  Participation, other  than  as  a  student,  in
    educational  processes  and programs approved pursuant to
    subsection (a) which relate to  real  property  appraisal
    theory,  practices  or  techniques,  including,  but  not
    limited to, teaching, program development and preparation
    of    textbooks,    monographs,   articles,   and   other
    instructional materials.
    (c)  The Office of Banks and Real Estate,  by  rule,  may
require  periodic  testing of a registrant's understanding of
Article 2 of this Act.   Continuing  education  credit  hours
shall  be  awarded  for successful completion of the periodic
examination.
(Source: P.A. 89-23, eff. 7-1-95; 89-508, eff. 7-3-96.)

    (225 ILCS 455/36.18) (from Ch. 111, par. 5836.18)
    Sec. 36.18.  Disciplinary proceedings.
    (a)  Pursuant to the action and report in writing of  the
Committee,  the  Office of Banks and Real Estate may suspend,
revoke, place on probation, or reprimand the  certificate  or
license  of  any  State  certified  or  licensed  real estate
appraiser, or may refuse to issue or renew a  certificate  or
license,  or may impose a civil penalty not to exceed $10,000
upon the holder of a certificate or license, or the holder of
a certificate or license may be otherwise disciplined for any
of the following acts or omissions:
         (1)  Procuring   or   attempting   to   procure    a
    certificate  or  license  by  knowingly  making  a  false
    statement,  submitting  false  information,  refusing  to
    provide complete information in response to a question in
    an  application for certification or licensure or through
    any form of fraud or misrepresentation.
         (2)  Failing to meet the minimum qualifications  for
    certification or licensure as an appraiser established by
    this Article.
         (3)  Paying  money, other than for the fees provided
    for by this Article, to any member  or  employee  of  the
    Committee or Office of Banks and Real Estate to procure a
    certificate or license under this Article.
         (4)  A conviction, including conviction based upon a
    plea  of  guilty  or nolo contendere, of a crime which is
    substantially related to the  qualifications,  functions,
    and  duties of a person developing real estate appraisals
    and communicating real estate appraisals to others.
         (5)  An act or omission involving dishonesty,  fraud
    or  misrepresentation  with  the  intent to substantially
    benefit the certificate  or  license  holder  or  another
    person,  or  with  intent to substantially injure another
    person.
         (6)  Violation of  any  of  the  standards  for  the
    development or communication of real estate appraisals as
    provided in Section 36.21 of this Act.
         (7)  Failure   or  refusal  without  good  cause  to
    exercise reasonable diligence in developing an appraisal,
    preparing  an  appraisal  report  or   communicating   an
    appraisal.
         (8)  Negligence  or  incompetence  in  developing an
    appraisal,  in  preparing  an  appraisal  report,  or  in
    communicating an appraisal.
         (9)  Willfully disregarding or violating any of  the
    provisions  of  this  Article or the rules or regulations
    promulgated for the  administration  and  enforcement  of
    this Article.
         (10)  Accepting    an   appraisal   assignment   for
    valuation  when the employment itself is contingent  upon
    the   appraiser   reporting   a  predetermined  estimate,
    analysis or opinion, or where  the  fee  to  be  paid  is
    contingent  upon  the  opinion,  conclusion, or valuation
    reached, or upon  the  consequences  resulting  from  the
    appraisal assignment.
         (11)  Violation   of   the  confidential  nature  of
    governmental records to which he  or  she  gained  access
    through  employment  or  engagement  as an appraiser by a
    governmental agency.
         (11.5)  Developing valuation  conclusions  based  on
    the   race,   color,   religion,  sex,  national  origin,
    ancestry, age, marital status, familial status,  physical
    or mental handicap, or unfavorable military discharge (as
    defined  by the Illinois Human Rights Act) of prospective
    or present  owners  or  occupants  of  the  area  of  the
    property being appraised.
         (12)  Adjudication   of   liability   in   a   civil
    proceeding on grounds of fraud, misrepresentation, a fair
    housing   violation  or  deceit  in  the  making  of  any
    appraisal of real property.  In a disciplinary proceeding
    based upon a finding of such civil liability,  the  State
    certified  or  licensed  real  estate  appraiser shall be
    afforded  an  opportunity  to  present   mitigating   and
    extenuating   circumstances,  but  may  not  collaterally
    attack the civil adjudication.
         (13)  Engaging   in   misleading    or    untruthful
    advertising,  or  using  any  trade  name  or insignia of
    membership in any real estate appraisal  or  real  estate
    related  organization of which the certificate or license
    holder is not a member.
    (b)  Pursuant to the action and report in writing of  the
Committee,  the  Office of Banks and Real Estate may, in lieu
of other  discipline,  offer  administrative  supervision  to
first  time  offenders,  under which the offender is given an
administrative warning with conditions that may include,  but
need  not  be  limited  to,  the  respondent's attendance and
successful completion of appraisal courses, payment  of  part
or  all of the investigation and prosecution costs associated
with the complaint, and payment of restitution to the injured
parties.
    (c)  Civil penalties and costs collected pursuant to this
Section are to be deposited into the Appraisal Administration
Fund.
(Source: P.A. 89-23, eff. 7-1-95; 89-508, eff. 7-3-96.)

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