IL Real Estate Continuing Education - License Restoration

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When a real estate license expires, the Illinois Department of Financial and Professional Regulation (IDFPR) gives the licensee a 5-year grace period to get their license back. Restoration occurs when a licensee misses 2 or more renewals. Restoration forms and information on the education requirements are available on the IDFPR website here.

Residential Leasing Agent Restoration

The license fee will depend on the number of renewal periods missed.  The fee will be a $75 late fee plus the sum of all lapsed renewal fees (plus a $35 change of sponsor fee, if needed). After the required education is completed, this fee is sent to the IDFPR, the restoration form, and all the proof of continuing education course completion (must be mailed).

Once the 5-year grace period is over, the licensee cannot restore their license and must start over with the requirements in getting a new license. Information on our Residential Leasing Agent Pre-License options is available here.

Broker Restoration

The license fee will depend on the number of renewal periods missed.  The fee will be a $75 late fee plus the sum of all lapsed renewal fees (plus a $35 change of sponsor fee, if needed). After the required education is completed, this fee is sent to the IDFPR, the restoration form, and all the proof of continuing education course completion (must be mailed).

Once the 5-year grace period is over, the licensee cannot restore their license and must start over with the requirements in getting a new license. Information on our Broker Pre-License options is available here.

Managing Broker Restoration

The license fee will depend on the number of renewal periods missed.  The fee will be a $75 late fee plus the sum of all lapsed renewal fees (plus a $35 change of sponsor fee, if needed). After the required education is completed, this fee is sent to the IDFPR, the restoration form, and all the proof of continuing education course completion (must be mailed).

Once the 5-year grace period is over, the licensee cannot restore their license and must start over with the requirements in getting a new license. With Managing Broker, they must start over with getting a Broker license and having that license active for two years before getting the Managing Broker license. Information on obtaining a Broker Pre-License license is available here.

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