Bill Title: Amends the Real Estate License Act of 2000. Beginning on May 1, 2012, provides that a managing broker, broker, or leasing agent whose license has been expired for more than 2 years but less than 5 years may have it restored by (i) applying to the Department, (ii) paying the required fee, (iii) completing the continuing education requirements for the current pre-renewal period, and (iv) filing acceptable proof of fitness to have his or her license restored, as set by rule. Provides that a managing broker, broker, salesperson, or leasing agent whose license has been expired for more than 5 years shall be required to meet the requirements for a new license (now, 2 years). Also makes technical changes.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-07-02 - Public Act . . . . . . . . . 96-0989 [SB3018 Detail]

Text: Latest bill text (Enrolled) [HTML]

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