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Illinois · Through at least Public Act 104-790

225 ILCS 454/10-40: Company policy.

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Where this section sits in the code
  1. CHAPTER 225 PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS
  2. Real Estate License Act of 2000.

(Section scheduled to be repealed on January 1, 2030)

Every brokerage company or entity, other than a sole proprietorship with no other sponsored licensees, shall adopt a company or office policy dealing with topics such as:

(1) the agency policy of the entity;

(2) fair housing, nondiscrimination and harassment;

(3) confidentiality of client information;

(4) advertising;

(5) training and supervision of sponsored licensees;

(6) required disclosures and use of forms;

(7) handling of risk management matters; and

(8) handling of earnest money and escrows.

These topics are provided as an example and are not intended to be inclusive or exclusive of other topics.

Collected 2026-09-15T04:46:32Z. Source file · JSON

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