Illinois Continuing Education COURSE
Illinois Core (2020/2021 Renewal)
As consumer needs change, the Illinois Real Estate License Act of 2000 evolves in order to accommodate those changes. It's important to stay abreast of the latest amendments to the legislation, as well as the actions that are deemed unprofessional, the grounds for disciplinary action, and the proper handling of escrow funds.
Agency relationships, brokerage agreements, and required disclosures can be confusing to consumers, so this course helps prepare licensees to explain them to better serve the public.
A review of fair housing ensures that licensees approach consumers fairly and are equipped to avoid fair housing violations.
The course meets the Illinois mandatory requirement for the Core Course for brokers.
Course highlights include:
- Changes to the Real Estate License Act of 2000
- How the act defines unprofessional conduct warranting disciplinary action
- A review of agency law (including leasing agent law), agency relationships, and required disclosures
- Types of agency agreements allowed in Illinois, and the minimum services required of each
- Required property, environmental, compensation and business-related disclosures
- How escrow funds must be handled, and appropriate practices if funds are disputed
- Protected classes in fair housing at the federal, state, and local levels
- Advertising requirements across various media