Ill. Admin. Code tit. 68 § 1450.145

Current through Register Vol. 48, No. 24, June 14, 2024

Section 1450.145 - Restoration

a) A person applying for restoration of a residential leasing agent license expired for more than 2 years but less than 5 years shall submit the following:

1) A signed and completed residential leasing agent restoration application, in a format provided by the Division;

2) Proof of completion of the CE requirements set forth in Section 1450.250 for the license term that ended immediately prior to the date of the restoration application; and

3) The required fee set forth in Section 1450.130.

b) A person applying for restoration of a broker license expired for more than 2 years but less than 5 years shall submit the following:

1) A signed and completed broker restoration application, in a format provided by the Division;

2) Proof of completion of:

A) The CE requirements set forth in Section 1450.450 for the license term that ended immediately prior to the date of restoration application; or

B) The broker post-license curriculum in effect at the time of licensure or, if the licensee has not previously completed post-license education, the post-license curriculum in effect at the time of restoration; and

3) The required fee set forth in Section 1450.130.

c) A person applying for restoration of a managing broker license expired for more than 2 years but less than 5 years shall submit the following:

1) A signed and completed managing broker restoration application, in a format provided by the Division;

2) Proof of completion of the CE requirements set forth in Section 1450.540 for the license term that ended immediately prior to the date of restoration application; and

3) The required fee set forth in Section 1450.130.

d) A person with a license expired for more than 5 years shall comply with the fees and requirements for a new applicant.

e) A person may apply for restoration of a suspended or revoked license at any time after the successful completion of a term of suspension or revocation of a license by filing a Petition to Restore in a format provided by the Department pursuant to its Rules of Practice in Administrative Hearings (68 Ill. Adm. Code 1110.30). The Department may restore the license as set forth in Section 20-69 of the Act and the requirements in this Section.

Ill. Admin. Code tit. 68, § 1450.145

Added at 40 Ill. Reg. 12588, effective 9/2/2016

Amended at 45 Ill. Reg. 2851, effective 2/23/2021