Illinois Administrative Code
Title 68 - PROFESSIONS AND OCCUPATIONS
Part 1450 - REAL ESTATE LICENSE ACT OF 2000
Subpart M - REAL ESTATE AUCTION CERTIFICATION
Section 1450.1300 - Real Estate Auction Pre-Certification Education

Universal Citation: 68 IL Admin Code ยง 1450.1300

Current through Register Vol. 48, No. 38, September 20, 2024

a) The 30-hour real estate certification course set forth in Section 5-32 of the Act shall include the following:

1) 18 hours relating to real estate including the following topics:
A) Illinois and federal statutes and rules governing real estate;

B) Agency;

C) Real estate advertising; and

D) Any other subject matter recommended by the Division.

2) 12 hours relating to auctions including the following topics:
A) Illinois and federal statutes and rules governing auctions;

B) Auction advertising; and

C) Any other subject matter recommended by the Division.

b) The 30-hour real estate auction certification course may be completed in a classroom, by interactive webinar, or by an online distance education course.

c) The Division may consider the recommendation of the Board regarding the 30-hour real estate auction certification course curriculum.

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