Section 4 - Chapter 14 Flashcards

1
Q

department of financial and professional regulation does:

A

protection of public, mostly through illinois real estate license act of 2000

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2
Q

division of professional regulation:

A

administers the real estate license act of 2000

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3
Q

real estate coordinator:

A

is the liason between the department and the industry

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4
Q

administration and discipline board:

A

works with cooridinator on issues of professional conduct

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5
Q

advisory council:

A

helps with picking real estate schools

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6
Q

continuing education requirements:

A

core: license law and escrow, agency and fair housing; electives - appraisal, property management, etc (not sales stuff)

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7
Q

sponsoring brokers must have written agreements with:

A

employees and ICs as well as all licensed assistants

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8
Q

who is a client:

A

any consumer working with a licensee unless in writing otherwise

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9
Q

personal assistants can be;

A

licenses or unlicensed with various abilities to do different work

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