Illinois License Law
What is the license renewal period for an Illinois real estate broker, and how many continuing education hours are required?
AAnnual renewal with 12 hours of CE
BTwo-year renewal with 24 hours of CE (including 12 hours of core topics)✓ Correct
CThree-year renewal with 36 hours of CE
DAnnual renewal with 6 hours of CE
Explanation
Illinois real estate broker licenses renew on a two-year cycle. Brokers must complete 24 hours of continuing education (CE) per renewal period, including 12 hours of mandatory core topics designated by the IDFPR and 12 hours of elective CE. New licensees in their first renewal period have different requirements. Failure to complete CE requirements before renewal results in license expiration.
Related Illinois Illinois License Law Questions
- An Illinois broker who changes their sponsoring managing broker must update their information with IDFPR:
- Under the Illinois Residential Real Property Disclosure Act, when must the seller provide the disclosure document to the buyer?
- An Illinois broker who pays their own license renewal fee late may:
- The Illinois Real Estate License Act requires that all licensed real estate activity be conducted under the supervision of a:
- An Illinois managing broker's responsibilities include all of the following EXCEPT:
- The Real Estate Recovery Fund in Illinois is designed to:
- Which Illinois agency regulates real estate licenses?
- Which of the following would be considered 'aiding and abetting' unlicensed real estate activity in Illinois?
Practice More Illinois Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Illinois Quiz →