Real Estate Articles tagged with: the illinois managing broker classification
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On December 31 2009 Illinois Governor Quinn signed into law amendments to the Real Estate License Act of 2000. The new focus of the amendments was consumer protection and increased professional competence of Real Estate licensees. Moving forward Illinois will have new license classification and education requirements for both new and existing licensees.
The key date is May 1, 2012, as of that date there will be three classifications of licensure in the State of Illinois. The Illinois Residential Lease Agent, this classification will in essence be the same as the …