This just in, Illinois REALTORS® can now share new resources available through the Illinois Department of Professional Regulation’s (IDFPR) Division of Real Estate, that help explain recent changes to the Illinois Real Estate License Act (RELA). RELA amendments became effective [...]
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 broker license reprimanded, fined $1,000 and required [...]
REALTORS® can better protect their businesses and their clients’ confidential information by using safeguards like the 10 suggested by Illinois REALTORS® during the National Cyber Security Awareness Month campaign. Illinois REALTORS® Vice President of Information Technology Matt Brewer and Systems [...]
REALTOR® Safety Month ended Monday. But since safety is really a year-round focus for practitioners, now is a good time to recap the many resources our members have to keep themselves, their colleagues and clients safe. NAR has an extensive [...]
IDFPR intends to issue guidance in the next few weeks to new broker licensees doing their first renewal relating to education they will need in order to renew their initial license on or before April 30, 2020, Illinois REALTORS® has [...]
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 [...]
Attorney referrals, service and emotional support animals, and exclusive buyer’s agreements Attorney referrals The Illinois REALTORS® Legal Hotline has recently received a lot of inquiries about the steps necessary to combine brokerages, create referral relationships, and work [...]
Legal case studies this issue: U.S. Supreme Court takes extraordinary action in overruling a 1985 takings case that limited property owner’s right to sue in federal court. Subsequent purchasers of lots in unfinished development could be liable to finish [...]
