Course Description
This course reflects the most recent legislative changes and practices in Illinois. Learn the principles of real property law, interests, and forms of ownership. Discover how contract agreements are entered into, executed, and closed for a handsome payday. From taxes to property management to financing and appraisal, this course covers it all. Applying the principles from the industry’s most recognized publication, Modern Real Estate Practice in Illinois, you will be prepared for the licensing exam and create a solid foundation for a career in real estate. Gain everything you need to become regulation compliant in Illinois.
Licensure Requirements
To qualify for an Illinois real estate broker’s license, individuals must meet all of the following requirements:
- At least 18 years old
- High school diploma or equivalent (GED)
- Successfully completed the required curriculum of 75 class hours of pre-license education at a real estate school approved by the Department of Financial and Professional Regulation in the following manner:
- 60-hour Broker Pre-License Topics 513001835
- 15-hour Broker Pre-License Interactive 513001606
Section 5-27(a)(5) of the Real Estate License Act of 2000 requires an applicant for licensure as a broker to provide satisfactory evidence of having completed 75 hours of instruction in real estate courses approved by the department, 15 hours of which must consist of situational and case studies presented in the classroom or by live, interactive webinar or online distance education.
Questions regarding license application should be directed to the Illinois Department of Financial and Professional Regulation.
Payment & Accommodations
A payment plan is available; click HERE. Contact us before enrolling to set up your payment plan: 217/351-2235 or communityeducation@parkland.edu.
If you believe you have a disability for which you may need an accommodation, please contact the Office of Accessibility Services, Parkland College room U260, 217/353-2338 or accessibilityservices@parkland.edu.
Scholarship Opportunities
Reimbursement scholarship opportunity for active military service and their spouses through The Illinois Real Estate Educational Foundation (REEF) - George Patt Military Scholarship. REEF offers the Illinois Diversity Real Estate Scholarship Program (IDRESP). Both can be applied to any accredited pre-license education program in Illinois. For details on scholarships, visit the Illinois Real Estate Educational Foundation (REEF).
Note: All scholarships are paid through reimbursement and cannot be applied to previous purchases.