Illinois License Law
In Illinois, a real estate licensee who is convicted of a felony:
AMay keep their license if the felony is unrelated to real estate
BMust surrender their license immediately upon conviction
CMay be subject to IDFPR disciplinary action including revocation✓ Correct
DMust only disclose the conviction at the next renewal
Explanation
A felony conviction is grounds for IDFPR disciplinary action in Illinois, including suspension or revocation of the real estate license. The IDFPR considers the nature of the crime and its relationship to real estate practice when determining disciplinary action.
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