- a) Brokers shall be required to complete 45 hours of post-license education consisting of three 15-hour courses covering applied brokerage principles, risk management/discipline, and transactional issues, as required by the Act. This education must address the practical application of pre-license topics to the practice of real estate (see Section 1450.1105(c)). Brokers shall also pass an education provider administered 50-question examination for each course. The education and examinations shall be completed prior to the first renewal of the license.
- b) Brokers taking the 45-hour post-license education during their first license term shall not be required to complete any other CE during that license term. The 45-hour post-license education must be completed within the 2 years immediately preceding the broker's first renewal. However, those individuals who received their initial broker license within 180 days preceding the first broker renewal deadline must complete the 45-hour post-license education and pass each of the three 15-hour course final exams prior to the second broker renewal deadline.
- c) The Division shall conduct audits to verify compliance with this Section.
- d) The requirements of this Section do not apply to attorneys currently admitted to practice law by the Supreme Court of Illinois.
(Source: Amended at 45 Ill. Reg. 2851, effective February 23, 2021)