Illinois Administrative Code
Title 68 - PROFESSIONS AND OCCUPATIONS
Part 1450 - REAL ESTATE LICENSE ACT OF 2000
Subpart A - GENERAL
Section 1450.130 - Fees
Universal Citation: 68 IL Admin Code ยง 1450.130
Current through Register Vol. 48, No. 38, September 20, 2024
a) Residential Leasing Agent License and Residential Leasing Agent Student
1) The application fee for an initial
residential leasing agent license is $100.
2) The renewal fee for an unexpired
residential leasing agent license is $150 per renewal.
3) The late fee for a residential leasing
agent license expired for no more than 2 years is $75.
4) The application fee for a residential
leasing agent permit is $50.
5) The
restoration fee for a residential leasing agent license expired for more than 2
years but less than 5 years is the sum of all lapsed renewal and late
fees.
6) A person receiving an
initial license during the first renewal period shall not be required to pay
the initial renewal fee and will be issued a license expiring on the second
renewal deadline.
b) Broker License
1) The application fee for an
initial broker license is $150.
2)
The renewal fee for an unexpired broker license is $200 per renewal.
3) The late fee for a broker license expired
for no more than 2 years is $75.
4)
The restoration fee for a broker license expired for more than 2 years but less
than 5 years is the sum of all lapsed renewal and late fees.
5) The fee to transfer from a managing broker
license to a broker license is $150.
6) A person receiving an initial license
within the first renewal period shall not be required to pay the initial
renewal fee and will be issued a license expiring on the second renewal
deadline.
c) Managing Broker License
1) The application fee for an
initial managing broker license is $175.
2) The renewal fee for an unexpired managing
broker license is $250 per renewal.
3) The late fee for a managing broker license
expired for no more than 2 years is $75.
4) The restoration fee for a managing broker
license expired for more than 2 years but less than 5 years is the sum of all
lapsed renewal and late fees.
5) A
person receiving an initial license during the first renewal period shall not
be required to pay the initial renewal fee and will be issued a license
expiring on the second renewal deadline.
d) Real Estate Auction Certification
1) The application fee for an initial real
estate auction certification is $125.
2) The renewal fee for an unexpired real
estate auction certification is $300 per renewal.
3) The late fee for a real estate auction
certification expired for no more than 2 years is $75.
4) A person receiving an initial certificate
during the first renewal period shall not be required to pay the initial
renewal fee and will be issued a certificate expiring on the second renewal
deadline.
e) Corporation, Limited Liability Company, Partnership, Limited Partnership or Limited Liability Partnership License
1) The
application fee for an initial corporation, limited liability company,
partnership, limited partnership or limited liability partnership license is
$250.
2) The renewal fee for an
unexpired corporation, limited liability company, partnership, limited
partnership or limited liability partnership license is $300 per
renewal.
3) The late fee for a
corporation, limited liability company, partnership, limited partnership or
limited liability partnership license expired for no more than 2 years is
$75.
4) An entity receiving its
initial license during the first renewal period shall not be required to pay
the initial renewal fee and will be issued a license expiring on the second
renewal deadline.
f) Education Provider, Pre-license Instructor and Course License Fees
1) The application fee for an initial
education provider license is $1,050.
2) The renewal fee for an unexpired education
provider license is $1,100 per renewal.
3) The late fee for an education provider
license expired for no more than 2 years is $75.
4) The application fee for an initial
pre-license instructor license is $150.
5) The renewal fee for an unexpired
pre-license instructor license is $300 per renewal.
6) The late fee for a pre-license instructor
license expired for no more than 2 years is $75.
7) The application fee for an initial
pre-license course license is $150.
8) The application fee for a revised format
pre-license course license is $150.
9) The renewal fee for an unexpired
pre-license course license is $150 per renewal.
10) The late fee for a pre-license course
license expired for no more than 2 years is $75.
11) The application fee for an initial
post-license course license is $150.
12) The application fee for a revised format
post-license course license is $150.
13) The renewal fee for an unexpired
post-license course license is $150 per renewal.
14) The late fee for a post-license course
license expired for no more than 2 years is $75.
15) An education provider, pre-license
instructor, pre-license course, or post-license course receiving an initial
license during the renewal period shall not be required to pay the initial
renewal fee and will be issued a license expiring on the second renewal
deadline.
g) Continuing Education, Instructor and Course License Fees
1) The application fee for an initial CE
instructor license is $100.
2) The
renewal fee for an unexpired CE instructor license is $200 per
renewal.
3) The late fee for a CE
instructor license expired for no more than 2 years is $75.
4) The application fee for an initial CE
course license is $150.
5) The
application fee for a revised format CE course license is $150.
6) The renewal fee for an unexpired CE course
license is $150 per renewal.
7) The
late fee for a CE course license expired for no more than 2 years is
$75.
8) A CE instructor or CE
course receiving an initial license during the renewal period shall not be
required to pay the initial renewal fee and will be issued a license expiring
on the second renewal deadline.
h) General
1) All fees paid pursuant to the Act and this
Section shall be made payable to the Department of Financial and Professional
Regulation and are non-refundable.
2) The fee for a certification of a
licensee's record for any purpose is $35.
3) Applicants for an examination as a
residential leasing agent, broker, managing broker, instructor or real estate
auction certification holder shall be required to pay the cost of taking the
examination. If a designated testing service is utilized for the examination,
the fee shall be paid directly to the designated testing service. Failure to
appear for the examination on the scheduled date, at the time and place
specified, after the applicant's application for examination has been received
and acknowledged, shall result in the forfeiture of the examination
fee.
4) The fee for requesting
credit for CE obtained while out-of-state (see Section 5-75 of the Act) is $50
per course.
5) The fee for
processing a sponsorship transfer is $35.
6) The fee for a copy of a transcript of the
proceedings under Section 20-62 of the Act is the cost of a copy of the
transcript. A copy of the balance of the record will be provided at the
Division's cost of producing the record.
7) The fee for certifying the record referred
to in Section 20-73 of the Act is $1 per page.
8) Each university, college, community
college or school supported by public funds in the State of Illinois shall be
exempt from the education provider and course licensure fees, provided that the
institution meets the following criteria and certifies to the Division that:
A) The facility is domiciled and supported by
public funds in the State of Illinois;
B) The instructors are approved and licensed
by the Department;
C) The courses
are approved and licensed by the Department; and
D) The program, pre-license and/or CE is not
a for-profit division of the university, college, community college or
school.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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