Following are recent disciplinary actions taken by the Real Estate Division of the Illinois Department of Financial and Professional Regulation. Visit their website for more details and the most current disciplinary action. Real estate managing broker license indefinitely suspended for a [...]
On Aug. 13, 2019, NAR General Counsel and Chief Member Experience Officer Katie Johnson shared that NAR had put out a new press release on the status of the antitrust lawsuits and shared talking points on the topic with REALTOR® [...]
The latest RELA update, as of Aug. 12, 2019 As you may already be aware, the Illinois Real Estate License Act of 2000 (RELA or the Act) was due to “sunset” at the end of 2019. This is a regular [...]
The Illinois Real Estate License Act is expected to be signed into law this month. Because there are a number of important changes Illinois REALTORS® has set up a webpage with the latest updates and resources. RELA is updated every [...]
Illinois REALTORS® legal team has combed through the Real Estate License Act and has a new report which outlines changes practitioners need to be aware of, consolidating all the updates and resources for members on the act. RELA was overwhelmingly [...]
Faced with a real estate dilemma? Sometimes, the answer might be right in front of you in the form of your managing broker. The Legal Hotline receives a lot of calls from brokers who are seeking educated suggestions on how [...]
The July edition of the Illinois REALTORS® podcast catches up with Jeffrey T. Baker, the association's newly appointed deputy CEO about his journey into the legal and public policy field. Baker is in line to become only the fourth CEO [...]
A bill which enhances professionalism and training in the real estate industry easily passed the Illinois Senate on Friday and now heads to the governor's desk. SB 1872's passage marked the end of months of work by Illinois REALTORS® and [...]
