Illinois License Law & Regulator Quick Sheet

Illinois · State License Law — free cheat sheet for the real estate licensing exam.

🏛️ State License Law 📍 Illinois

📋 The 1-minute cheat sheet

Regulator: IDFPR — Illinois Department of Financial and Professional Regulation, Division of Real Estate.
Governing law: Real Estate License Act of 2000 (RELA).
Entry-level license = BROKER (the salesperson license was eliminated in 2011).
Supervisor/firm sponsor license = MANAGING BROKER.
Pre-license education for the Broker license: 75 hours.
All licensees must be sponsored by a licensed sponsoring broker/firm to practice.
A managing broker is required to supervise a sponsoring brokerage office.
Disciplinary authority (investigation, fines, suspension, revocation) rests with IDFPR/Division of Real Estate.

Practice this topic free in the Cinna RE app →

More Illinois cheat sheets

Illinois Agency Model Cheat SheetIllinois Illinois Disclosures, Escrow & Key Numbers Cheat SheetIllinois How Illinois Licenses Real Estate AgentsIllinois Illinois's Designated Agency Representation ModelIllinois Illinois Seller and Licensee Disclosure DutiesIllinois Illinois Escrow Funds and License Renewal RulesIllinois

Related in State License Law

How Arizona Licenses Real Estate SalespersonsArizona Arizona's Agency and Representation ModelArizona Disclosures Arizona Sellers and Licensees Must MakeArizona Arizona Trust Funds and License Renewal RequirementsArizona Arizona Licensing & Continuing-Education Quick SheetArizona Arizona License Discipline, Penalties & Recovery FundArizona Arizona Agency Model Quick ReferenceArizona Arizona Required Disclosures & Escrow/Trust TimeframesArizona

Questions students ask

Is Illinois License Law & Regulator Quick Sheet on the real estate exam?

Yes. State License Law is a scored domain on the Illinois real estate licensing exam, and this topic appears in the state license-law portion.

Is this cheat sheet free?

Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

Does Illinois test this differently?

Illinois applies its own license law on top of the national portion. This page covers the Illinois rules specifically, which is what the state section of your exam tests.

Browse by topic

🏘️ Ownership 🤝 Agency 📐 Valuation 🏦 Financing 📄 Contracts ⚠️ Disclosures 💼 Practice 🧮 Math 🔑 Leasing ⚖️ Fair Housing