UPDATE 3/26/21: The final draft of the rules have been confirmed and are now live to view here. On Tuesday, February 23, the proposed rules to the Illinois Real Estate License Act (RELA) were approved and adopted by the Illinois…
Read more ›
UPDATE 3/26/21: The final draft of the rules have been confirmed and are now live to view here. On Tuesday, February 23, the proposed rules to the Illinois Real Estate License Act (RELA) were approved and adopted by the Illinois…
On August 9, 2019, Governor JB Pritzker signed Public Act 101-0357 into law. This updated the Real Estate License Act of 2000, extending it until January 1, 2030. The main purpose for this update was to overhaul the existing Act…
This year, the Real Estate License Law (RELA) received its long-awaited rewrite. These updates can be hard to keep up with, and to help with that, the Illinois Department of Financial and Professional Regulation’s Real Estate Division recently released “Looking…
The Real Estate License Act has been signed into law. Some provisions pertaining to education must go through a rule-making process that can take months. The signing marks the end of months of legislative work by Illinois REALTORS® and the…