SPRINGFIELD – State Senator Javier Cervantes spearheaded a new law that will waive certain requirements for veterans and those without a social security number who are seeking a real estate license.
”This law assists veterans and immigrants who are going to continue their real estate career in Illinois and have run into barriers in their continuing education requirements,” said Cervantes (D-Chicago). “With this law, we will help individuals reinstate their real estate license and continue their practice in Illinois.”
Senate Bill 1866 removes barriers faced by veterans and immigrants who are trying to obtain licensing for real estate. Under the new law, veterans will have all continuing education requirements waived upon seeking reactivation of their real estate license within two years after their time in service. Those with Individual Taxpayer Identification Numbers (ITIN) can apply for a license in real estate or as community association managers, auctioneers, or home inspectors.
The law also allows those who are seeking auctioneer licenses and have attended auction school courses to be approved for licensure by the Real Estate Administration and Disciplinary Board.
“There are barriers in place that make this process difficult for many communities, and with this law we ensure that military and immigration status do not play a part in obtaining a license,” Cervantes said. “I am happy to see great legislation signed into law to provide community members across Illinois with the chance to continue their career in real estate.”
Senate Bill 1866 was signed into law on Friday and takes effect Jan. 1, 2024.