(225 ILCS 454/5-26)
(Section scheduled to be repealed on January 1, 2020)
Sec. 5-26. Requirements for license as a salesperson.
(a) Every applicant for licensure as a salesperson must meet the following qualifications:
(1) Be at least 21 years of age. The minimum age of
21 years shall be waived for any person seeking a license as a real estate salesperson who has attained the age of 18 and can provide evidence of the successful completion of at least 4 semesters of post-secondary school study as a full-time student or the equivalent, with major emphasis on real estate courses, in a school approved by the Department;
(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 Illinois State Board of Education or an equivalent course of study as determined by an examination conducted by the Illinois State Board of Education, which shall be verified under oath by the applicant;
(4) Provide satisfactory evidence of having completed
at least 45 hours of instruction in real estate courses approved by the Advisory Council, except applicants who are currently admitted to practice law by the Supreme Court of Illinois and are currently in active standing;
(5) Personally take and pass a written examination
authorized by the Department; and
(6) Present a valid application for issuance of a
license accompanied by a sponsor card and the fees specified by rule.
(b) No applicant shall engage in any of the activities covered by this Act until a valid sponsor card has been issued to the applicant. The sponsor card shall be valid for a maximum period of 45 days after the date of issuance unless extended for good cause as provided by rule.
(c) All licenses should be readily available to the public at their sponsoring place of business.
(d) No new salesperson licenses shall be issued after April 30, 2011 and all existing salesperson licenses shall terminate on May 1, 2012.
(Source: P.A. 96-856, eff. 12-31-09; 97-333, eff. 8-12-11.)
Sections: Previous 5-5 5-6 5-7 5-10 5-15 5-20 5-25 5-26 5-27 5-28 5-30 5-32 5-35 5-40 5-41 Next
Last modified: February 18, 2015