Illinois Compiled Statutes 225 ILCS 458 Real Estate Appraiser Licensing Act of 2002. Section 20-5

    (225 ILCS 458/20-5)

    (Section scheduled to be repealed on January 1, 2022)

    Sec. 20-5. Education providers.

    (a) Beginning July 1, 2002, only education providers licensed or otherwise approved by the Department may provide the qualifying and continuing education courses required for licensure under this Act.

    (b) A person or entity seeking to be licensed as an education provider under this Act shall provide satisfactory evidence of the following:

        (1) a sound financial base for establishing,

    promoting, and delivering the necessary courses;

        (2) a sufficient number of qualified instructors;

        (3) adequate support personnel to assist with

    administrative matters and technical assistance;

        (4) a written policy dealing with procedures for

    management of grievances and fee refunds;

        (5) a qualified administrator, who is responsible for

    the administration of the education provider, courses, and the actions of the instructors; and

        (6) any other requirements as provided by rule.

    (c) All applicants for an education provider's license shall make initial application to the Department on forms provided by the Department and pay the appropriate fee as provided by rule. The term, expiration date, and renewal of an education provider's license shall be established by rule.

    (d) An education provider shall provide each successful course participant with a certificate of completion signed by the school administrator. The format and content of the certificate shall be specified by rule.

    (e) All education providers shall provide to the Department a monthly roster of all successful course participants as provided by rule.

(Source: P.A. 98-1109, eff. 1-1-15.)

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Last modified: February 18, 2015