| ||||
| Public Act 100-0832 | ||||
| ||||
| ||||
AN ACT concerning regulation.
| ||||
Be it enacted by the People of the State of Illinois,
| ||||
represented in the General Assembly:
| ||||
Section 5. The Real Estate Appraiser Licensing Act of 2002 | ||||
is amended by changing Sections 5-20 and 5-25 and by adding | ||||
Section 25-16 as follows:
| ||||
(225 ILCS 458/5-20)
| ||||
(Section scheduled to be repealed on January 1, 2022)
| ||||
Sec. 5-20. Application for associate real estate trainee
| ||||
appraiser. Every person who desires to obtain an associate real | ||||
estate trainee appraiser
license shall:
| ||||
(1) apply to the Department
on forms provided by the | ||||
Department
accompanied by the required
fee;
| ||||
(2) be at least 18 years of age;
| ||||
(3) provide evidence of having attained a high school | ||||
diploma or completed
an
equivalent course of
study as | ||||
determined by an examination conducted
or accepted
by the | ||||
Illinois State Board of
Education;
| ||||
(4) (blank); and personally take and pass an | ||||
examination authorized by the Department; and
| ||||
(5) prior to taking the examination, provide evidence
| ||||
to the Department
that he or she has successfully
completed
| ||||
the prerequisite qualifying and any conditional education | ||||
requirements as established by
rule.
| ||
(Source: P.A. 98-1109, eff. 1-1-15.)
| ||
(225 ILCS 458/5-25)
| ||
(Section scheduled to be repealed on January 1, 2022)
| ||
Sec. 5-25. Renewal of license.
| ||
(a) The expiration date and renewal period
for a State | ||
certified general
real estate appraiser license
or a State | ||
certified residential
real estate appraiser license issued | ||
under
this Act shall be set by rule.
Except as otherwise | ||
provided in subsections (b) and (f) of this Section, the
holder | ||
of a license may renew
the license within 90 days preceding the | ||
expiration date by:
| ||
(1) completing and submitting to the Department
a | ||
renewal application form as
provided by
the Department;
| ||
(2) paying the required fees; and
| ||
(3) providing evidence of successful completion of the | ||
continuing
education requirements through courses approved | ||
by the Department
from
education providers licensed by the | ||
Department, as established by the AQB
and by rule.
| ||
(b) A State certified general real estate appraiser
or | ||
State certified
residential real estate
appraiser whose | ||
license under this Act has expired may renew
the license for a | ||
period of
2 years following the expiration date by complying | ||
with the requirements of
paragraphs (1), (2),
and (3) of | ||
subsection (a)
of this Section and paying any late penalties | ||
established by rule.
| ||
(c) (Blank).
| ||
(d) The expiration date and renewal period for an associate | ||
real estate
trainee appraiser license issued under this
Act | ||
shall be set by rule. Except as otherwise provided in | ||
subsections (e) and
(f) of this Section, the holder
of an | ||
associate real estate appraiser license may renew the license | ||
within 90
days preceding the expiration date by:
| ||
(1) completing and submitting to the Department
a | ||
renewal application form as
provided by the Department;
| ||
(2) paying the required fees; and
| ||
(3) providing evidence of successful completion of the | ||
continuing
education requirements through
courses approved | ||
by the Department
from education providers approved
by the | ||
Department, as established by rule.
| ||
(e) Any associate real estate appraiser trainee whose | ||
license under this Act has
expired may
renew the license for a | ||
period of 2 years following the expiration date
by complying | ||
with the requirements of paragraphs
(1), (2), and (3) of | ||
subsection (d) of this Section and paying any late
penalties
as | ||
established by rule. An associate real estate trainee appraiser | ||
license may not be renewed more than 2 times.
| ||
(f) Notwithstanding subsections (c) and (e), an
appraiser | ||
whose license
under this Act has expired may renew or convert | ||
the license without
paying any lapsed renewal
fees or late | ||
penalties if the license expired while the appraiser was:
| ||
(1) on active duty with the United States Armed | ||
Services;
| ||
(2) serving as the Coordinator
of Real Estate Appraisal | ||
or an employee of
the Department
who was required to | ||
surrender his or her license during the term of
employment.
| ||
Application for renewal must be made within 2 years | ||
following
the termination of the military service or related | ||
education, training, or
employment. The
licensee shall furnish | ||
the Department
with an affidavit that he or she was so engaged.
| ||
(g) The Department
shall provide reasonable care and due | ||
diligence to ensure that each
licensee under this Act
is | ||
provided with a renewal application at least 90 days prior to | ||
the expiration
date, but
each licensee is responsible to
timely | ||
renew or convert his or her license prior to its expiration | ||
date.
| ||
(Source: P.A. 96-844, eff. 12-23-09.)
| ||
(225 ILCS 458/25-16 new) | ||
Sec. 25-16. Staff. The Department shall employ a minimum of | ||
one investigator with an active certified appraiser license per | ||
2,000 licensees in order to have sufficient staff to perform | ||
the Department's obligations under this Act.
| ||