(225 ILCS 427/20)
(Section scheduled to be repealed on January 1, 2020)
Sec. 20. Exemptions.
(a) The requirement for holding a license under this Act shall not apply to any of the following:
(1) Any director, officer, or member of a community
association providing one or more of the services of a community association manager to a community association without compensation for such services to the association.
(2) Any person, corporation, partnership, or limited
liability company providing one or more of the services of a community association manager to a community association of 10 units or less.
(3) A licensed attorney acting solely as an incident
to the practice of law.
(4) A person acting as a receiver, trustee in
bankruptcy, administrator, executor, or guardian acting under a court order or under the authority of a will or of a trust instrument.
(5) A person licensed in this State under any other
Act from engaging the practice for which he or she is licensed.
(b) A licensed community association manager may not perform or engage in any activities for which a real estate managing broker or real estate broker's license is required under the Real Estate License Act of 2000, unless he or she also possesses a current and valid license under the Real Estate License Act of 2000 and is providing those services as provided for in the Real Estate License Act of 2000 and the applicable rules.
(c) A person may temporarily act as, or provide services as, a community association manager without being licensed under this Act if the person (i) is a community association manager regulated under the laws of another state or territory of the United States or another country and (ii) has applied in writing to the Department, on forms prepared and furnished by the Department, for licensure under this Act. This temporary right to act as a community association manager shall expire 6 months after the filing of his or her written application to the Department; upon the withdrawal of the application for licensure under this Act; or upon delivery of a notice of intent to deny the application from the Department; or upon the denial of the application by the Department, whichever occurs first.
(Source: P.A. 98-365, eff. 1-1-14.)
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Last modified: February 18, 2015