New Rules Pertaining to Discipline of Licensees and Applicants

Discipline may be imposed for the following acts: 

Cheating – for cheating on continuing education courses or examinations. 225 ILCS 454 Section 20-20(a)(7) 

Compensation – if a licensee pays compensation to an unlicensed person who is not a party to a transaction in exchange for a referral. 225 ILCS 454 Section 10-15(e) 

Credit Card Payments – for submitting a credit or debit card payment using a card that is invalid, expired, or declined. 225 ILCS 454 Section 20-25 

Criminal Convictions – for failing to notify the Department of any criminal conviction that occurs during the licensure term within 30 days after the conviction. 225 ILCS 454 Section 20-20(a)(45) 

Licensee Status – if disclosure of licensee status is not indicated on any property data form accessible to the consumer. 225 ILCS 454 Section 10-30(c)(1) 

Good Moral Character – if an applicant makes a false statement of material fact on their application. The Act also enumerates aggravating or extenuating circumstances that the Department shall consider when an applicant for a license has previously had their license revoked, has a history of certain criminal convictions, or guilty pleas, or has committed any of the practices that provide grounds for discipline under the Act. 225 ILCS 454 Section 5-25 

Guaranteed Sales Plan – on licensed and unlicensed individuals offering a guaranteed sales plan which does not comply with the Act. 225 ILCS 454 Section 20-20(a)(29) 

Proof of Sponsorship – if a sponsoring broker or licensee fails to timely provide sponsorship or termination of sponsorship information to the Department. 225 ILCS 454 Section 20- 20(a)(20) 

Unlicensed Practice – for engaging in the practice of real estate brokerage without a license, with an expired license, or while the license was inactive, revoked or suspended. 225 ILCS 454 Section 20-20(a)(6)

IBA is an Illinois Licensed Education Provider

IBA Courses are Supervised by Our Lead Instructor, who is also an attorney and a CPA
All Courses Include Access to the Student Portal.
Courses Include Textbook, Over 20 Hours of Videos, and Online Quizzes
Access to Instructor via email and phone
Ability to take the proctored exam at a location of your choice