Practice Of Real EstateLicense LawMEDIUM
Practicing real estate without a license in Illinois could result in being fined up to what?
Correct Answer
C) $25,000 per event
Civil penalty not to exceed $25,000.
Answer Options
A
$10,000 per eventB
$15,000 per eventC
$25,000 per eventD
$50,000 per eventVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
license-law-requirementsreal-estate-disciplinary-actionsenforcement-of-real-estate-regulations
Key Terms:
unlicensed practiceIllinois Real Estate License Actcivil penaltyIDFPR225 ILCS 454
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