Illinois License Law
A broker whose Illinois license has lapsed for more than two years must:
ASimply pay the renewal fee
BRetake only the state portion of the exam
CMeet current education requirements and retake the full licensing exam✓ Correct
DSubmit a letter of good standing from a managing broker
Explanation
If an Illinois real estate license has been lapsed for more than two years, the licensee must meet current pre-license education requirements and retake the licensing examination before being reinstated, as if applying for a new license.
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