Legal Question in Real Estate Law in Illinois
Illinois Professional License
My sister has had a real estate license for 10 years. When she originally filled out the application she put down that she was a high school graduate, however she is not. What is the penalty if she is ever caught for this lie.
Asked on 3/18/08, 1:30 pm
1 Answer from Attorneys
Nicholas Chrisos
Nicholas G. Chrisos Attorney at Law
Re: Illinois Professional License
See 225 ILCS 454/20-20(a), which is part of the Illinois real estate licensing law. It says the state may refuse to renew a license, suspend it, etc. or impose a fine of up to $25,000 for fraud, etc. That's probably VERY unlikely though.
Contact me if you have any other questions.
Answered on 3/18/08, 5:22 pm
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