Form Il 505-0580 - Real Estate Broker Reinstatement Application - 2014

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ILLINOIS DEPARTMENT OF FINANCIAL AND
PROFESSIONAL REGULATION
DIVISION OF REAL ESTATE
320 WEST WASHINGTON STREET
SPRINGFIELD, IL 62786
REAL ESTATE BROKER REINSTATEMENT
2014 REAL ESTATE BROKER REINSTATEMENT APPLICATION AND INSTRUCTIONS
READ INSTRUCTIONS BEFORE COMPLETING THIS FORM
1. Complete and print page 2 of this document and MAIL with correct fee to the above address. THIS FORM CANNOT BE
SUBMITTED ELECTRONICALLY.
Renewal fee: $200
2. Payment must be in the form of a check or money order made payable to the Illinois Department of Financial and Professional
Regulation. FEES ARE NOT REFUNDABLE. After reading the following instructions, if you have any questions call
800/560-6420.
3. Please make any name and/or address changes for your license in the area provided. A P.O. Box must be accompanied by a
street address. CHANGE OF NAME MUST BE ACCOMPANIED BY DOCUMENTARY PROOF (ie., certified or photocopy
of a marriage certificate, divorce decree, or court order). A COPY OF YOUR SOCIAL SECURITY CARD OR DRIVERS
LICENSE IS NOT ACCEPTABLE.
4. If you are changing sponsors, or the sponsor number is incorrect, or no number is indicated, your sponsor must complete a 45-
DAY PERMIT SPONSOR CARD. This requires a $25 fee in addition to the reinstatement fee.
5. Continuing Education Requirements:
12 hours of CE (a minimum of 6 hours approved as Core curriculum – 3 hours Core A and 3 hours Core B and no
more than 6 hours approved as an Elective curriculum) was required for:
Brokers who transitioned from Salesperson
Brokers who did not transition to Managing Broker
Brokers licensed after 5/1/2011 (and renewed in 2012)
30- Hours of Post License Education was required for:
Brokers renewing for the FIRST TIME
(if this was the first renewal for your Broker license you were required to complete the 30- Hours of Post License education
prior to 4/30/2014.)\
Do not submit CE documentation with the reinstatement application. Retain all of your original CE certificates of
completion.
CE Exemptions: 1. Licensees who have served in the armed services of the United States during the pre-renewal period,
2. Illinois licensed attorneys who hold a current ARDC card (a copy of the card must be provided with this form).
6. This form must be signed by the applicant. The managing broker only needs to sign this form if you are changing your sponsoring
broker at this reinstatement.
***Check out our WEB SITE information regarding IDFPR updates and on-line reinstatements***
Practice of real estate after the expiration of your license shall constitute unlicensed practice which may result in civil/criminal
penalties and discipline of your license.
IL 505-0580 (Rev 6/14) This form has been approved by the Agency Forms Coordinator.

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