Illinois License Law
An Illinois real estate broker who operates as an independent contractor is still subject to:
ANo IDFPR oversight since independent contractors are self-employed
BOnly federal real estate laws, not Illinois state regulations
CAll IDFPR rules, regulations, and the Illinois Real Estate License Act✓ Correct
DOnly the managing broker's internal office policies
Explanation
Regardless of employment status (employee or independent contractor), all Illinois-licensed real estate brokers are subject to IDFPR oversight and the Illinois Real Estate License Act. The independent contractor designation affects tax treatment and certain employment rights, not licensing obligations.
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