Illinois Compiled Statutes 225 ILCS 454 Real Estate License Act of 2000. Section 15-30

    (225 ILCS 454/15-30)

    (Section scheduled to be repealed on January 1, 2020)

    Sec. 15-30. Duties after termination of brokerage agreement. Except as may be provided in a written agreement between the broker and the client, neither a sponsoring broker nor any licensee affiliated with the sponsoring broker owes any further duties to the client after termination, expiration, or completion of performance of the brokerage agreement, except:

        (1) to account for all moneys and property relating

    to the transaction; and

        (2) to keep confidential all confidential information

    received during the course of the brokerage agreement.

(Source: P.A. 91-245, eff. 12-31-99.)

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Last modified: February 18, 2015