Ill. Admin. Code tit. 68 § 1450.1300

Current through Register Vol. 48, No. 49, December 6, 2024

Section 1450.1300 - Real Estate Auction Pre-Certification Education

a) The 30-hour real estate certification course set forth in Section 5-32 of the Act shall include the following:

1) 18 hours relating to real estate including the following topics:

A) Illinois and federal statutes and rules governing real estate;

B) Agency;

C) Real estate advertising; and

D) Any other subject matter recommended by the Division.

2) 12 hours relating to auctions including the following topics:

A) Illinois and federal statutes and rules governing auctions;

B) Auction advertising; and

C) Any other subject matter recommended by the Division.

b) The 30-hour real estate auction certification course may be completed in a classroom, by interactive webinar, or by an online distance education course.

c) The Division may consider the recommendation of the Board regarding the 30-hour real estate auction certification course curriculum.

Ill. Admin. Code tit. 68, § 1450.1300

Added at 40 Ill. Reg. 12588, effective 9/2/2016

Amended at 41 Ill. Reg. 12561, effective 10/6/2017

Amended at 43 Ill. Reg. 1975, effective 1/25/2019

Amended at 45 Ill. Reg. 2851, effective 2/23/2021