Illinois Administrative Code › Title 68 - PROFESSIONS AND OCCUPATIONS › Part 1445 - COMMUNITY ASSOCIATION MANAGER LICENSING AND DISCIPLINARY ACT › Section 1445.10 - Definitions

Current through Register Vol. 48, No. 28, July 12, 2024
"Act" means the Community Association Manager Licensing and
				Disciplinary Act [225 ILCS 427 ].
"Address of record" means the designated street
				address, which may not be a post office box, recorded by the Department in the
				applicant's or licensee's application file or license file maintained by the
				Department.
[225 ILCS 427/10 ]
"Affiliation agreement" is any binding agreement between a
				community association management firm or an unaffiliated community association
				manager and an entity under common ownership pursuant to which the firm or
				unaffiliated community association manager receives some form of compensation
				or benefit in exchange for the affiliate offering or providing goods or
				services to a community association managed by the community association
				management firm or an unaffiliated community association manager.
"Board" means the Community Association Manager
				Licensing and Disciplinary Board.
[225 ILCS
				427/10 ]
"CE" is an abbreviation for continuing education.
"Community association management firm" means a
				company, corporation, limited liability company, partnership or other entity
				that engages in community association management.
[225 ILCS
				427/10 ]
"Community association manager" means an individual
				who:
has an ownership interest in or is employed by a
				community association management firm, or is directly employed by or provides
				services as an independent contractor to a community association;
				and
administers for remuneration the financial,
				administrative, maintenance, or other duties for the community association,
				including the following services:
collecting, controlling or disbursing funds of the
				community association or having the authority to do so;
preparing budgets or other financial documents for the
				community association;
assisting in the conduct of community association
				meetings;
maintaining association records;
administering association contracts or procuring goods
				and services in accordance with the declaration, bylaws, proprietary lease,
				declaration of covenants, or other governing document of the community
				association or at the direction of the board of managers; and
coordinating financial, administrative, maintenance, or
				other duties called for in the management contact, including individuals who
				are direct employees of the community association.
[225 ILCS
				427/10 ]
"Credit Hour" means a minimum of 50 minutes of instruction
				through a course approved by the Division in a classroom, by interactive
				webinar, online distance education, correspondence, or a home study
				course.
"Department" means the Department of Financial and Professional
				Regulation.
"Designated community association manager" means a
				licensed community association manager who:
has an ownership interest in or is employed by a
				community association management firm to act as a controlling
				person;
is the authorized signatory or has delegated signing
				authority for the firm on community association accounts; and
supervises, manages, and is responsible for the firm's
				community association manager activities.
[225 ILCS
				427/10 ]
"Director" means the Director of the Department of Financial
				and Professional Regulation-Division of Real Estate.
"Division" means the Department of Financial and Professional
				Regulation-Division of Real Estate with the authority delegated by the
				Secretary.
"Education Sponsor" means an entity approved by the Department
				offering courses in pre-license or continuing education.
"Email address of record" means the designated email
				address recorded by the Department in the applicant's application file or the
				licensee's license file, as maintained by the Department.
[225 ILCS
				427/10 ]
"Interactive Delivery Method" means delivery of a course
				approved by the Department through a medium allowing for interaction with the
				student.
"Interactive Webinar" means delivery of a course by a licensed
				instructor through a medium allowing for live 2-way communication between the
				licensed instructor and student in which either can initiate or respond to
				questions, including live instruction and real-time discussion via satellite,
				video or webcam that allows for student participation and comprehension.
"Learning Management System" means a software application used
				for the administration, documentation, tracking, reporting, and delivery of
				educational courses or training programs.
"Licensee" means a person who holds a license to act as a
				community association manager under the Act or other authority to practice
				issued under the Act.
"Online Distance Education" means education courses that are
				interactive, but not in real time, in which students independently learn and
				review material online, and, for verification of the student's participation
				and comprehension, interact with an Illinois licensed instructor or Learning
				Management System.
"Person" means and includes individuals, entities,
				corporations, limited liability companies, registered limited liability
				partnerships, foreign and domestic partnerships, and other business entities,
				except that when the context otherwise requires, the term may refer to a single
				individual or other describe entity.
"Pre-licensing Hours" means participation in an actual
				classroom setting, or its equivalent, or via an interactive delivery method or
				an interactive webinar.
"Secretary" means the Secretary of the Department of Financial
				and Professional Regulation or the Secretary's designee.
"Unaffiliated Community Association Manager" means a community
				association manager who is not associated with a community association
				management firm by virtue of direct employment, an independent contractor
				agreement, or otherwise.