Illinois License Law
Which of the following activities requires a real estate license in Illinois?
AAn attorney handling a real estate closing for a client
BA property owner selling their own home
CA licensed auctioneer selling real estate at auction for a fee✓ Correct
DA trustee selling trust property per court order
Explanation
A licensed auctioneer selling real estate for compensation on behalf of another person is performing a real estate brokerage activity and generally requires a real estate license, unless an exemption applies. Attorneys, property owners selling their own property, and trustees acting under court orders are typically exempt.
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