Legal Question in Real Estate Law in Illinois

resident referral credit

Is there a max of how much money a resident can receive as a resident referral credit in a 12 month period? We are an apartment complex and heard there is a max of $1000, but we arent sure. We are located in Hoffman Estates, Illinois.


Asked on 8/28/08, 12:27 pm

1 Answer from Attorneys

Nicholas Chrisos Nicholas G. Chrisos Attorney at Law

Re: resident referral credit

You are correct: it's $1,000 in ANY 12 month period, according to the licensing law.

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Answered on 8/28/08, 12:50 pm


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