reglab/housing_qa huggingface dataset:
225 ILCS 454/1-5
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 1 - General Provisions

(Section scheduled to be repealed on January 1, 2030)Sec. 1-5. Legislative intent. The intent of the General Assembly in enacting this statute is to evaluate the  competency of persons  engaged in the real estate profession and to regulate their activities for the  protection of the public.  (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/Art. 5 heading
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

 ARTICLE 5.      LICENSING AND EDUCATION
225 ILCS 454/5-6
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-6. Social Security Number or Tax Identification Number on license application.      In addition to any other information required to be contained in the application, every application for an original license under this Act shall include the applicant's Social Security Number or Tax Identification Number, which shall be retained in the agency's records pertaining to the license. As soon as practical, the Department shall assign a separate and distinct identification number to each applicant for a license.Every application for a renewal or restored license shall require the applicant's identification number.   (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-7
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-7. Application for residential leasing agent license.   Every person who desires to obtain a residential leasing agent license shall apply to the Department in a manner prescribed by the Department which application shall be accompanied by the required non-refundable fee.  Any such application shall require such information as in the judgment of the Department will enable the Department to pass on the qualifications of the applicant for licensure.  (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-26
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

Sec. 5-26. (Repealed).   (Source: P.A. 99-227, eff. 8-3-15. Repealed by P.A. 100-188, eff. 1-1-18.)
225 ILCS 454/5-27
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-27. Requirements for licensure as a broker.(a) Every applicant for licensure as a broker must meet the following qualifications:(1) Be at least 18 years of age;(2) Be of good moral character;(3) Successfully complete a 4-year course of study in     a high school or secondary school approved by the state in which the school is located, or possess a high school equivalency certificate, which shall be verified under oath by the applicant;(4) (Blank);(5) Provide satisfactory evidence of having completed     75 hours of instruction in real estate courses approved by the Department, 15 hours of which must consist of situational and case studies presented in the classroom or by live, interactive webinar or online distance education courses;(6) Personally take and pass a written examination     authorized by the Department;(7) Present a valid application for issuance of a     license accompanied by the fees specified by rule.(b) The requirements specified in items (3) and (5) of subsection (a) of this Section do not apply to applicants who are currently admitted to practice law by the Supreme Court of Illinois and are currently in active standing.(c) No applicant shall engage in any of the activities covered by this Act until a valid sponsorship has been registered with the Department.(d) All licenses should be readily available to the public at the licensee's place of business.(e) An individual holding an active license as a managing broker may, upon written request to the Department, permanently and irrevocably place his or her managing broker license on inactive status and shall be issued a broker's license in exchange. Any individual obtaining a broker's license under this subsection (e) shall be considered as having obtained a broker's license by education and passing the required test and shall be treated as such in determining compliance with this Act. (Source: P.A. 100-188, eff. 1-1-18; 101-357, eff. 8-9-19.)
225 ILCS 454/5-28
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-28. Requirements for licensure as a managing broker.(a) Every applicant for licensure as a managing broker must meet the following qualifications:(1) be at least 20 years of age;(2) be of good moral character;(3) have been licensed at least 2 consecutive years     out of the preceding 3 years as a broker;(4) successfully complete a 4-year course of study in     high school or secondary school approved by the state in which the school is located, or a high school equivalency certificate, which shall be verified under oath by the applicant;(5) provide satisfactory evidence of having completed     at least 165 hours, 120 of which shall be those hours required pre-licensure and post-licensure to obtain a broker's license, and 45 additional hours completed within the year immediately preceding the filing of an application for a managing broker's license, which hours shall focus on brokerage administration and management and residential leasing agent management and include at least 15 hours in the classroom or by live, interactive webinar or online distance education courses;(6) personally take and pass a written examination     authorized by the Department; and(7) submit a valid application for issuance of a     license accompanied by the fees specified by rule.(b) The requirements specified in item (5) of subsection (a) of this Section do not apply to applicants who are currently admitted to practice law by the Supreme Court of Illinois and are currently in active standing.   (Source: P.A. 100-188, eff. 1-1-18; 101-357, eff. 8-9-19.)
225 ILCS 454/5-29
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-29. Temporary practice as a designated managing broker. Upon the loss of a designated managing broker who is not replaced by the sponsoring broker or in the event of the death or adjudicated disability of the sole proprietor of an office, a written request for authorization allowing the continued operation of the office may be submitted to the Department within 15 days of the loss. The Department may issue a written authorization allowing the continued operation, provided that a licensed managing broker or, in the case of the death or adjudicated disability of a sole proprietor, the representative of the estate, assumes responsibility, in writing, for the operation of the office and agrees to personally supervise the operation of the office.  No such written authorization shall be valid for more than 60 days unless extended by the Department for good cause shown and upon written request by the broker or representative.  (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-30
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

Sec. 5-30. (Repealed).        (Source: P.A. 93-957, eff. 8-19-04. Repealed by P.A. 96-856, eff. 12-31-09.)
225 ILCS 454/5-32
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-32. Real estate auction certification.(a)  An auctioneer licensed under the Auction License Act who does not possess a valid and active broker's or managing broker's license under this Act, or who is not otherwise exempt from licensure, may not engage in the practice of auctioning real estate, except as provided in this Section.(b)  The Department shall issue a real estate auction certification to applicants who:(1)  possess a valid auctioneer's license under the     Auction License Act;(2)  successfully complete a real estate auction     course of at least 30 hours approved by the Department, which shall cover the scope of activities that may be engaged in by a person holding a real estate auction certification and the activities for which a person must hold a real estate license, as well as other material as provided by the Department;(3)  provide documentation of the completion of the     real estate auction course; and(4) successfully complete any  other reasonable     requirements as provided by rule.(c) The auctioneer's role shall be limited to establishing the time, place, and method of the real estate auction, placing advertisements regarding the auction, and crying or calling the auction; any other real estate brokerage activities must be performed by a person holding a valid and active broker's or managing broker's license under the provisions of this Act or by a person who is exempt from holding a license under paragraph (13) of Section 5-20 who has a certificate under this Section.(d) An auctioneer who conducts any real estate auction activities in violation of this Section is guilty of unlicensed practice under Section 20-10 of this Act.(e) The Department may revoke, suspend, or otherwise discipline the real estate auction certification of an auctioneer who is adjudicated to be in violation of the provisions of this Section or Section 20-15 of the Auction License Act.(f) Advertising for the real estate auction must contain the name and address of the licensed broker, managing broker, or a licensed auctioneer under paragraph (13) of Section 5-20 of this Act who is providing brokerage services for the transaction.(g)   The requirement to hold a real estate auction certification shall not apply to a person exempt from this Act under the provisions of paragraph (13) of Section 5-20 of this Act, unless that person is performing licensed activities in a transaction in which a licensed auctioneer with a real estate certification is providing the limited services provided for in subsection (c) of this Section.(h)   Nothing in this Section shall require a person licensed under this Act as a broker or managing broker to obtain a real estate auction certification in order to auction real estate.(i)   The Department may adopt rules to implement this Section.   (Source: P.A. 98-553, eff. 1-1-14; 98-756, eff. 7-16-14; 99-227, eff. 8-3-15.)
225 ILCS 454/5-35
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-35. Examination; managing broker, broker, or residential leasing agent.(a) The Department shall authorize examinations at such  times and places as it may designate.  The examination shall be of a character to give a fair test of the qualifications of the applicant to practice as a managing broker, broker, or residential leasing agent.   Applicants for examination as a managing broker, broker, or residential leasing agent shall be required to pay, either to the Department or the designated testing service, a  fee covering the cost of providing the examination.  Failure to appear for the examination on the scheduled date, at the time and place specified, after the applicant's application for examination has been received and acknowledged by the Department or its designated testing service, shall result in the forfeiture of the examination fee.    An applicant shall be eligible to take the  examination only after  successfully completing the education requirements  and  attaining the  minimum age provided for in Article 5 of this Act.  Each applicant shall be required to  establish compliance with  the eligibility requirements in the manner provided by the rules  promulgated for  the administration of this Act.(b) If a person who has received a passing score on the written examination  described in this Section fails to submit an application and meet all  requirements for a license  under this Act within  one year after receiving a passing score on the examination, credit for the  examination shall  terminate.  The person thereafter may make a new application for examination.(c) If an applicant has failed an examination 4 consecutive times, the applicant must  repeat the pre-license  education required to sit for that examination.  For the purposes of this  Section, the fifth attempt  shall be the same as the first.  Approved education, as prescribed by this Act  for licensure as a  managing broker, broker, or residential leasing agent, shall be valid for 2   years after the date of satisfactory completion of the education.(d) The Department may employ consultants for the purposes of preparing and conducting examinations. (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-40
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-40. Sponsorship; establishing and terminating sponsorship.(a) The sponsoring broker shall notify the Department, in a manner prescribed by the Department, of each licensee employed by or associated with the sponsoring broker within 24 hours after establishing a sponsorship.(b) When a licensee terminates his or her employment or association with a  sponsoring broker  or the employment is terminated by the sponsoring broker, the person or entity initiating the termination shall notify the Department, in a manner prescribed by the Department, of the termination within 24 hours.  Failure to timely notify the Department of the termination shall subject the person or entity initiating the termination to discipline under Section 20-20 of this Act.  The  license of any licensee  whose association with a sponsoring broker is terminated shall automatically  become inactive   immediately upon the termination, and the licensee shall not be authorized to practice until a new valid sponsorship is registered with the Department.    (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-41
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-41. Licensee contact information. An applicant or licensee shall inform the Department of any change of address, email address, telephone number, or office location within 24 hours after any such change.  A licensee shall notify the Department of any such change either through the Department's website or by other means prescribed by the Department.  (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/5-46
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

Sec. 5-46. (Repealed).        (Source: P.A. 97-333, eff. 8-12-11. Repealed by P.A. 99-227, eff. 8-3-15.)
225 ILCS 454/5-47
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

Sec. 5-47. (Repealed).        (Source: P.A. 96-856, eff. 12-31-09. Repealed by P.A. 99-227, eff. 8-3-15.)
225 ILCS 454/5-55
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

Sec. 5-55. (Repealed).        (Source: P.A. 91-245, eff. 12-31-99. Repealed by P.A. 96-856, eff. 12-31-09.)
225 ILCS 454/5-65
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-65. Fees. The Department shall provide by rule for fees to be paid by applicants and licensees to  cover the reasonable  costs of the Department in administering and enforcing the provisions of this Act.  The Department   may also provide  by rule for general fees to cover the reasonable expenses of carrying out other  functions and  responsibilities under this Act.   (Source: P.A. 96-856, eff. 12-31-09.)
225 ILCS 454/5-75
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-75. Out-of-state continuing education credit. If a renewal applicant has earned continuing education hours in another state  or territory for which  he or she is claiming credit toward full compliance in Illinois, the Department may   approve those hours based upon whether the course is one that  would be approved  under Section 5-70 of this Act, whether the course meets the basic requirements  for  continuing education under  this Act, and any other criteria that are provided by statute or rule.  (Source: P.A. 100-188, eff. 1-1-18; 101-357, eff. 8-9-19.)
225 ILCS 454/5-80
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(Section scheduled to be repealed on January 1, 2030)Sec. 5-80. Evidence of compliance with continuing education requirements.(a) Each renewal applicant shall certify, on his or her renewal application,  full compliance with  continuing education requirements set forth in Section 5-70.  The   education provider shall  retain and submit to the Department after the completion of each course evidence of those  successfully  completing the course as provided by rule.(b) The Department may require additional evidence demonstrating compliance with the  continuing  education requirements.  The renewal applicant shall retain and produce the  evidence of  compliance upon request of the Department.  (Source: P.A. 100-188, eff. 1-1-18.)
225 ILCS 454/5-85
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 5 - Licensing And Education

(225 ILCS 454/5-85)Sec. 5-85. (Repealed).   (Source: P.A. 96-856, eff. 12-31-09. Repealed by P.A. 100-188, eff. 1-1-18.)
225 ILCS 454/Art. 10 heading
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 10 - Compensation And Business Practices

 ARTICLE 10.      COMPENSATION AND BUSINESS PRACTICES
225 ILCS 454/10-5
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 10 - Compensation And Business Practices

(Section scheduled to be repealed on January 1, 2030)Sec. 10-5. Payment of compensation.(a) No licensee shall pay compensation directly to a licensee sponsored by  another sponsoring broker for  the performance of licensed activities.  No licensee sponsored by a broker may  pay compensation to  any licensee other than his or her sponsoring broker for the performance of  licensed activities  unless the licensee paying the compensation is a principal to the transaction.  However, a non-sponsoring broker may pay compensation directly to a licensee  sponsored by  another or a person  who is not sponsored by a broker if the payments are made pursuant to terms of  an employment  agreement that was previously in place between a licensee and the  non-sponsoring broker, and the  payments are for licensed activity performed by that person while previously  sponsored by the now  non-sponsoring broker.(b) No licensee sponsored by a broker shall accept compensation for the  performance of  activities under this Act except from the broker by whom the licensee is  sponsored, except as  provided in this Section.(c) (Blank).(d) One sponsoring broker may pay compensation directly to another  sponsoring broker for the  performance of licensed activities.(e) Notwithstanding any other provision of this Act, a sponsoring broker may pay compensation to a person currently licensed under the Auction License Act who is in compliance with and providing services under Section 5-32 of this Act. (Source: P.A. 101-357, eff. 8-9-19.)
225 ILCS 454/10-10
2021 Illinois Compiled Statutes|Chapter 225 - PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS|225 ILCS 454/ - Real Estate License Act of 2000.|Article 10 - Compensation And Business Practices

(Section scheduled to be repealed on January 1, 2030)Sec. 10-10. Disclosure of compensation.(a) A licensee must disclose to a client the sponsoring broker's  compensation and policy with  regard to cooperating with brokers who represent other parties in a  transaction.(b) A licensee must disclose to a client all sources of compensation related  to the transaction  received by the licensee from a third party.(c) If a licensee refers a client to a third party in which the licensee has  greater than a 1% ownership interest  or from which the licensee receives or may receive dividends or other profit  sharing distributions, other than a  publicly held or traded company, for the purpose of the client obtaining  services related to the transaction, then the  licensee shall disclose that fact to the client at the time of making the  referral.(d) If in any one transaction a sponsoring broker receives compensation from  both the buyer  and seller or lessee and lessor of real estate, the sponsoring broker shall  disclose in writing to a  client the fact that the compensation is being paid by both buyer and seller or  lessee and lessor.(e) Nothing in the Act shall prohibit the cooperation with or a payment of  compensation to an individual domiciled in any other state or country who is licensed as a broker in  his or her state or country of domicile or to a resident of a country  that does not require a person to be licensed to act as a broker if  the person complies with the laws of the country in which that person resides  and practices there as a broker.  (Source: P.A. 101-357, eff. 8-9-19.)