Illinois License Law
What happens to an Illinois broker's license when the sponsoring managing broker terminates the relationship?
AThe license is automatically revoked
BThe license becomes inactive until a new managing broker sponsors the broker✓ Correct
CThe broker may continue operating independently for 30 days
DThe license converts to a managing broker license automatically
Explanation
When a sponsoring managing broker terminates the relationship, the broker's license becomes inactive. The broker cannot practice real estate until a new managing broker sponsors them and the status is updated with IDFPR.
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