Illinois Real Estate Exam and 100% correct answers 2026

Illinois Real Estate Exam and 100% correct answers 2026 In Illinois, the real estate license law is administered by the...? IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? Real Estate License Act of 2000 After May 1, 2011, the new license categories are: Managing Broker and Broker After April 30, 2012, as an alternative to passing the proficiency exam given by AMP, what are the requirements for converting a salesperson's license to a broker license? 30 hours of post-licensure education, as defined by administrative rule. In Illinois, sponsor cards are good for: 45 days What are the requirements for a newly licensed broker effective May 1, 2011? 90 hours of pre-license coursework including 15 hours of situational offerings After May 1, 2011, what must a broker do to convert a managing broker license? Complete 45 hours of post-license education When do real estate brokers' licenses expire in Illinois? April 30 of every odd-numbered year To renew a license in Illinois, brokers must..? Have completed 12 hours of continuing education in the last two years and pay the current fee. Licensees who allow their licenses to expire have how long to reinstate their licenses? Up to two years; then licensees must start over What procedures must be followed to obtain a license that has been expired for more than two years?