Illinois · 104th session
Amends the Real Estate Appraiser Licensing Act of 2002. Provides that any person or business that, as of January 1, 1995, was practicing as an appraiser in the State of Illinois and had a minimum of 2 years of experience practicing as an appraiser is exempt from the required licensure as a certified general real estate appraiser under the provisions regarding an application for a State certified general real estate appraiser license. Provides that, on and after July 1, 2029, no person or business organization shall be issued a certified general real estate appraiser license using the grandfather clause exemption.
Referred to Rules Committee (2025-01-28)