Illinois License Law
An Illinois broker who wishes to advertise under a name other than their licensed name must:
AObtain approval from the local MLS
BRegister the trade name with IDFPR and ensure it does not mislead the public✓ Correct
CFile a DBA (doing business as) only with the county clerk
DNo approval is needed for trade name advertising
Explanation
If an Illinois real estate brokerage wishes to advertise under a trade name, the name must be registered with IDFPR. The name must not be misleading or imply the business is something it is not. All advertising must still identify the licensed brokerage.
Related Illinois Illinois License Law Questions
- Illinois real estate licenses must be renewed every:
- What is the 'Illinois Association of Realtors' (IAR) and how does it relate to IDFPR?
- What is the Illinois 'Residential Real Property Disclosure Act' and who must comply?
- An Illinois broker who changes their sponsoring managing broker must update their information with IDFPR:
- The Illinois Real Estate License Act requires that real estate teams operating within a brokerage:
- An Illinois real estate broker who is also an attorney licensed in Illinois:
- Under the Illinois Real Estate License Act, what constitutes 'acting in the capacity of a real estate broker'?
- In Illinois, what is the penalty for practicing real estate without a license?
Practice More Illinois Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Illinois Quiz →