NEW COMMUNITY ASSOCIATION MANAGEMENT RULES TAKE

Illinois Department of Financial and Professional Regulaon

Quarterly Newsleer

THE DIVISION OF REAL ESTATE REVIEW

SUMMER 2023

ALSO INSIDE:

NEW COMMUNITY

ASSOCIATION

MANAGEMENT

RULES TAKE EFFECT

THE COMPLAINT PROCESS

Page 7

VIRTUAL OFFICES

Page 10

Page 4

CONTENTS

LETTER FROM THE DIRECTOR 3

NEW COMMUNITY ASSOCIATION MANAGEMENT RULES

TAKE EFFECT 4

THE COMPLAINT PROCESS 7

REAL ESTATE BROKERS: IS IT POSSIBLE TO ENGAGE IN

UNLICENSED PRACTICE EVEN IF YOU HAVE A LICENSE? 8

ARE ALL HOME INSPECTION BUSINESSES REQUIRED TO

BE LICENSED? 9

VIRTUAL OFFICES 10

EVENTS 11

EMPLOYEE SPOTLIGHT 14

SCHOLARSHIP PROGRAM 15

CHRIS POSEY: NEW BOARD MEMBER FOR THE REAL

ESTATE APPRAISAL ADMINISTRATION AND

DISCIPLINARY BOARD 16

QUARTERLY ENFORCEMENT REPORT 17

Greetings from the Division of Real Estate!

This spring was busy in the Division of Real Estate. Our sta set aside time

to sit down in both the Springeld and Chicago oces to engage in a “team

reset.” We focused on each other as individuals and as a team, discovered

our leadership strengths, and built on improving our communication, systems,

and processes. We set and reset goals and identied the paths to achieving

them. Our mission is to leave this Division in a better place than how we

found it, and I’m condent we are headed in the right direction!

I hope to make this reective practice a more regular occurrence. As we nd ourselves in the midst of

summer, the interaction, optimism, energy, and condence that has been reignited will serve us well as we

head toward a new year. Coming out of the remote working times, reconnecting with each other and the

public whom we serve, is both refreshing and inspiring to us.

In this edition, you will see some of the important work that has already been accomplished and how much

the Division of Real Estate is committed to improving both internally and externally.

Enjoy the read!

Sincerely,

Laurie Murphy

Director, Division of Real Estate

LETTER FROM THE DIRECTOR

New administrative Rules governing Community Association Managers and Community Association

Management Firms (68 Ill. Adm. Code 1445) became eective June 2, 2023. The new Rules represent a

major overhaul to the prior Rules, which were adopted in October 2011.

The Rule:

(1) Requires community association management rms engaging in the business in Illinois,

regardless of when they were formed, to be licensed;

(2) Establishes the requirements and curriculum for continuing education;

(3) Sets forth the process for the Division’s approval of continuing education providers, also known as

education sponsors, and their courses;

(4) Denes the term “supervision” and how it applies to designated community association

managers of rms;

(5) Articulates requirements for the insurance coverage required of designated community association

managers or community association management rms; and

(6) Provides additional grounds for discipline to ensure the protection of the public and to maintain the

integrity of the profession.

What are the requirements for a Community Association Management Firm to operate in Illinois?

Community association management rms must be authorized to conduct business in the State of Illinois

through the Secretary of State, apply to the Department on forms provided, and pay a non-refundable fee

in the amount of $650.00 to become licensed.

A person applying for a community association management rm license must also provide evidence

that the community association management rm has a licensed and designated community association

manager. (Section 1445.35)

Community Association Management Firm licenses have a two-year term. Every Community Association

Management Firm license will expire on August 31 of odd-numbered years. Licenses rst issued in 2023

will expire August 31, 2025. The renewal fee for a Community Association Management Firm license is

$650.00 for a two-year term. (Section 1445.70)

For more information on Community Association Firms, visit our Frequently Asked Questions (“FAQs”) here.

NEW COMMUNITY ASSOCIATION

MANAGEMENT RULES TAKE EFFECT

Adrienne Levatino

Associate General Counsel

What are the requirements of a Designated Community Association Manager for a rm?

A designated community association manager (“DCAM”) must be a licensed community association

manager. No community association manager may be the DCAM for more than one community association

management rm, and the rm must only have one DCAM.

A DCAM must:

(1) Have an ownership interest in or is employed by a community association management rm

to act as a controlling person; and

(2) Be the authorized signatory for the rm on community association accounts; and

(3) Supervise, manage, and be responsible for the rm’s community association manager

activities.

The DCAM is responsible for managing and supervising all licensed and unlicensed employees acting on

behalf of a community association management rm.

“Supervision” includes:

(1) Implementing and communicating oce policies and procedures;

(2) Training of licensees and unlicensed employees;

(3) Supervising those association accounts over which the Community Association Management

Firm has delegated responsibility to the DCAM;

(4) Supervising all advertising or any community association management service;

(5) Training licensees on the requirements of federal, State, and local laws relating to the

practice of community association management; and

(6) Overseeing compliance with the Rules by licensees and oces under their supervision.

(Section 1445.110)

What are the continuing education requirements?

Beginning with the renewal period ending August 31, 2025, each Community Association Manager must

complete 12 credit hours of continuing education (“CE”) for each renewal period.

CE credit may be earned for veried attendance at or participation in a course oered by an approved CE

sponsor that is as follows:

(1) Community Association Managers International Certication Board (“CAMICB”);

(2) Community Associations Institute (“CAI”);

(3) Apartment Building Owners and Managers Association (“ABOMA”);

(4) Institute of Real Estate Managers (“IREM”);

(5) Association of Condominium, Townhouse and Homeowners Associations (“ACTHA”);

(6) Any Illinois-accredited school, college, or university; and

(7) Any Illinois-approved education sponsor oering courses relating to the curriculum set forth in the

Rule.

Courses may be oered through distance education, an interactive delivery method, or a webinar. (Section

1445.200)

What about insurance?

The Rules provide that, in order for a DCAM or the Community Association Management Firm that employs

them to have access to or disburse community association funds, there must be delity insurance in place

to insure against loss of theft of community association funds.

The delity insurance must be in the maximum amount of coverage available to protect funds in the control

of the DCAM or the Community Association Management Firm providing services to the association.

It must cover the DCAM, the rm, all community association managers, partners, ocers, employees,

ocers, directors, and employees of the Community Association Management Firm.

The DCAM or their Firm must also obtain general liability and errors and omissions insurance to cover any

losses or claims against a Community Association Manager, the DCAM, or the Firm. (Section 1445.105)

Are there any new grounds for discipline?

The Rules add grounds for discipline intended to enhance the protection of the public and the professionalism

of Community Association Managers and Firms.

Among them are:

(1) Failing to disclose any aliation agreements, including their terms, which are binding on a client

association;

(2) Failing to return to a community association all original records that are the property of the

community association within 30 days following termination of a management agreement or

other contract;

(3) Charging fees not disclosed to a community association at the time of execution,

amendment to, or renewal of, a management agreement or other contract; and

(4) converting, diverting, or expending funds from a community association account without

written authorization other than to pay expenses incurred by or on behalf of the community

association. (Section 1445.300)

THE COMPLAINT PROCESS

Karen Konstant helps run the Complaint Intake Unit for the Division of Real Estate. We receive and review

complaints for the professions of: appraisal, appraisal management companies, auction, community

association management, home inspection, and real estate brokerage. Karen breaks down the complaint

process so that you or a client can better understand the process should a potential violation arise.

• Complaints are received from individuals via mail, email, and referred from other entities or state

agencies.

• Complaints are reviewed and analyzed.

• Complaints that fail to set forth a violation, are outside of our jurisdiction, have gone past the statute of

limitations, or involve individuals/entities that we do not regulate are closed at complaint intake.

• Complaints that pass an initial review are referred to our Real Estate Investigations Unit.

• Complaints are processed and sent to the Investigations unit in a timely and expeditious manner.

Complainants will receive an acknowledgement letter citing a complaint number for future reference

along with the infographic below outlining the complaint process.

• Common complaint allegations

received by the Division of Real Estate

are: failure to return escrow monies,

unprofessional conduct, failure to

account for money of others, breach

of agency duty, unlicensed practice,

misrepresentation and advertising

issues, and failures surrounding

disclosures.

Potential

Violation

Identified

Complaint

Received

No Violation

Identified

Investigator

Assigned

Prosecutor

Evaluates Evidence

Against the Acts

and Rules

Evidence

Identified to

Support the

Complaint

Interviews

Conducted,

Evidence

Collected

Legal Basis to

Continue Forward

Prosecution of

a Complaint

Referred to

Prosecutions

Unit

Path of a Complaint

YES

Complaint

Closed

YES

IDFPR cannot provide a specific timeline for the processing of a complaint. Every complaint varies and may take a different amount

of time to process depending on factors affecting the case.

REAL ESTATE BROKERS: IS

IT POSSIBLE TO ENGAGE IN

UNLICENSED PRACTICE EVEN IF

YOU HAVE A LICENSE?

Is it possible to engage in unlicensed practice even if you have a license? The answer is yes. The most

common way for this to happen is during renewal time. If a licensee fails to renew by the expiration of their

license, and continues to engage in real estate activities, they would be considered conducting unlicensed

practice by the Department.

Since license renewals take place during the busy Spring market, we commonly see licensees who

unintentionally allow their license to lapse during the renewal period but continue to conduct real estate

transactions and oer real estate services. Practicing or oering to practice on an expired or inactive

license constitutes unlicensed practice and grounds for discipline pursuant to Section 20-20 of the Real

Estate License Act of 2000. Violating this provision could lead to discipline, including nes, fees, reprimand,

suspension, or even revocation of your license based on the severity of the violation, all of which can be

easily avoided by renewing your license on time.

The second most common way for a licensee to engage in unlicensed practice is by not being sponsored.

Residential Leasing Agents and Brokers must be sponsored in order to engage in licensed activities. This

also applies to Managing Brokers who are not self-sponsored. Making sure you are always sponsored

while engaging in real estate licensed activities is key to avoiding unlicensed practice. This is especially

important when transferring from one sponsoring broker to another.

Designated Managing Brokers should also ensure that sponsoring brokers are not engaging in real estate

activities if the sponsoring brokerage license is expired or not renewed. A sponsoring brokerage license

which becomes inactive or expired automatically renders the licenses of their sponsored licensees inactive.

Allowing your brokers to continue to practice real estate in such a situation would be considered aiding and

abetting the unlicensed practice of real estate.

The unlicensed practice of real estate is not only prohibited for individuals and entities who have allowed

their license to lapse, but also for individuals and entities that have never been licensed in the State of

Illinois under the Real Estate Act of 2000. A copy of the Act and the Rules can be found on our website at

www.idfpr.illinois.gov. Real Estate licenses have a two-year term and expire on:

• Residential Leasing Agents July 31 of even years

• Brokers April 30 of even years

• Managing Brokers April 30 of odd years

• Sponsoring Broker Entities October 31 of even years

Monica Gutierrez

Chief of Examinations and Boards and Complaints

for Real Estate and CAM

ARE ALL HOME INSPECTION

BUSINESSES REQUIRED TO BE

LICENSED?

Home inspections are an important part of the real estate industry. These inspections can be vital to buyers

in making informed real estate purchasing decisions. One area that sometimes becomes cloudy with our

licensees is whether their home inspection business also needs a license.

The Home Inspector License Act (225 ILCS 441) specically addresses this issue. Under Section 5-5(a) in

which it states in part:

“It is unlawful for any person, including any entity, to act or assume to act as a home inspector, to engage

in the business of home inspection, to develop a home inspection report, to practice as a home inspector,

or to advertise or hold oneself out to be a home inspector without a home inspector license issued under

this Act.”

However, there is an exception for all home inspector entities where the only home inspector for the entity

is the sole owner of the company. In such cases the entity does to need a license, however the entity is

not prohibited from obtaining one if they so choose.

This exemption regarding this is stated in section 5-5(d) of the Act:

“The licensing of home inspector entities required under this Act does not apply to an entity whose

ownership structure is one licensed home inspector operating a sole proprietorship, a single member

limited liability company, or a single shareholder corporation, and that home inspector is the only licensed

home inspector performing inspections on the entity’s behalf. The licensed home inspector who is the

sole proprietor, sole shareholder, or single member of the company or entity shall comply with all other

provisions of this Act.”

Another issue that often goes hand in hand with this one involves the business’s name. “If a licensee

operates under any name other than that appearing on his or her license, he or she shall submit to the

Division a certied copy of his or her registration under the Assumed Business Name Act [805 ILCS 405]

at the time of application or within 30 days after the registration.”

In short, planning ahead for business needs as a sole proprietor can sometimes mean having the business

entity licensed with the Department which allows for the hiring of other inspectors should the need arise.

As a reminder, if the home inspector is the sole owner and inspector, the entity license exemption applies.

Also remember that if a sole proprietor is operating a business under a name other than the name on their

license, the business name must be registered with the Department.

Elliot Dubin

Staff Prosecutor

VIRTUAL OFFICES

After becoming the rst state to recognize and register virtual oces for real estate brokerages, the Division of Real Estate has

issued more than 30 Virtual Oce licenses to actively licensed sponsoring brokers.

So, what is a virtual oce?

The Administrative Rules Section 1450.610 denes it as: “an oce from which real estate brokerage services are provided,

without a dedicated oce space or xed physical location, under the supervision of the designated managing broker, and that

is owned, controlled, operated or maintained by a licensee…”

Okay, but what does that mean?

In simple terms it is a designation that allows the holder to operate in Illinois without a physical, bricks and mortar location. As

the real estate profession is constantly evolving, the Division of Real Estate saw an opportunity to set a statutory path to allow

for the real estate profession to conduct business in a virtual platform. The virtual oce option is aimed at real estate operations

of all sizes. Whether it be a one-person shop, or a rm with numerous sponsored licensees, the virtual oce is available.

I’m sold, what do I need to do?

First step is to hold a sponsoring broker license. That includes all types of entity formations, from self-sponsored managing

brokers to licensed entities. After that is accomplished, the registration is where you will document and provide the details of

the proposed online system or platform. That application is then submitted by email to fpr[email protected].

How do I set up the system or platform?

An excellent question, but one we cannot answer for you. The biggest hint, after reviewing dozens of applications, is to be sure

your online or digital platform includes ALL tools needed to conduct real estate transactions. The virtual oce setup should

mirror a physical oce with the only dierence being there is no “bricks and mortar” location.

There should be a digital platform, most commonly in the form of a website, where consumers may search listings, review

sponsored licensees, ask questions, and oer real estate services. From there, a secure back-oce should be accessible for

the sponsoring broker’s sta. This area also holds escrow documents (if applicable), contract documents, and anything else

needed to successfully coordinate and process real estate transactions.

All of this should be accessible from the digital platform so that any involved party has the tools needed to complete the

transaction without having to conduct business from a physical oce. There are many options out on the market, and while we

cannot specically recommend any of them individually, an online search is a good place to start.

Got it, how long does it take to obtain the license?

That depends on you! Most are issued within 2-4 weeks depending on any deciencies found. Currently, I, Chief of Licensing

and Education, Jeremy Reed have been personally reviewing the incoming applications. The best results have been from

applicants who are willing to work collaboratively with our unit and address deciencies found upon review. It is recommended

that any interested party review Section 1450.610 and strive to meet the requirements listed in 1450.610(d).

Is the Virtual Oce the right tool for you or your rm?

It could be, but please understand the requirements to obtain the license are more than just creating a website. The platform

must meet all the requirements to operate an oce under the Act which includes all the tools needed, for consumers, sponsored

licensees, and sta. Still have questions? Contact us at fpr[email protected] or visit our YouTube page or Virtual Oces

F.A.Q. where we have posted videos explaining the process!

Jeremy Reed

Chief of Licensing and Education

EVENTS

The Illinois Realtor of the Year Award Gala took place in Springeld on April 24. Secretary, Mario Treto Jr.,

Director Laurie Murphy, Chief of Licensing and Education Jeremy Reed, and several Division of Real Estate

board members were in attendance to celebrate this year’s recipient, Zeke Morris.

This year’s mid-year conference of the Association

of Real Estate License Law Ocials (“ARELLO”)

was held April 26-28 in Boston, MA. Secretary

Mario Treto, Jr., Director Laurie Murphy, and

Deputy Director Ericka Johnson attended the

conference which focuses on providing resource

materials, trainings, certication programs, and

facilitating collaboration around best practices in

real estate regulation.

Chief of Licensing and Education Jeremy Reed

and Operations Manager Jennifer Rossiter Moreno

attended the Heartland Realtors Organization

Expo sharing regulatory information and answering

questions for licensees. The event was held on May 5

in Crystal Lake.

1212

EVENTS (continued from page 11)

The Association of Appraiser Regulatory Ocials (“AARO”) Spring Conference took place May 9-11. AARO

is the only national non-prot association solely dedicated to advocating for the 55 member states and

jurisdictions who are mandated by Congress to have appraisal regulatory agencies. In addition to actively

participating in all aspects of the conference, both Director Laurie Murphy and Deputy Director Ericka

Johnson completed an extra training earning achievement certicates.

A team from the Division of Real Estate

represented IDFPR at this year’s Illinois

REALTORS® Spring Conference in

Collinsville on May 23 and 24! Director

Laurie Murphy, Chief of Licensing and

Education Jeremy Reed, Chief of Boards

and Complaints Monica Gutierrez,

Examiner Billie Phillips, and Sue Pickett

from the Licensing Section attended the

two-day conference where they were able

to answer licensee questions and assist

with any licensing issues in real time. Thank

you for having us, Illinois REALTORS®!

From Left to Right: Deputy Director Ericka Johnson, AZ

Investigator Kelly Luteijn, CA Executive Director Angela

Jemmott, and Director Laurie Murphy.

EVENTS (continued from page 12)

On the evening of May 24, in Beverly Chicago, Illinois, Deputy

Director Ericka Johnson attended a celebration honoring

Mr. Frank J. Williams for being awarded the 2023 National

Association of Realtors® Fair Housing Champion award.

Several Division of Real Estate board members were also

in attendance including appraisal board members Cecelia

Marlow and Chris Posey.

The Illinois Realtors® Association Instructor Advancement Training on June 1 featured

Chief of Licensing and Education Jeremy Reed and Chief of Boards and Complaints

Monica Gutierrez who presented on insights and updates about the Division of Real

Estate, with a focus on licensing and education.

The Association of Illinois Real Estate Educators (“AIREE”) welcomed Director

Laurie Murphy and Chief of Education Jeremy Reed on June 9 to their Instructor

Training Conference. Nate Chandler from the Licensing and Education unit was

also in attendance. The Director and Chief shared information and exchanged

ideas with association members, which includes licensed education providers and

licensed real estate instructors.

Also on June 9, Director Laurie Murphy was invited to

attend a meeting of the Association of South Asian Real

Estate Professionals (“ASARP”). She presented legal and

professional updates from the Division of Real Estate.

On June 27, Deputy Director Ericka Johnson and Appraisal

Board member Cecelia Marlow attended the Huntington

Bank Diversity, Equity, and Inclusion: Building Wealth and

Empowering Homeowners Summit. Panels focused on

housing equity, community investment and advocacy, and

understanding the appraisal process and increasing appraiser

diversity. Deputy Johnson and Ms. Marlow are pictured with

two graduates of the Appraiser Diversity Initiative, Marcus

Wright and Bri Bridges, who are both currently associate

appraiser trainees.

Can you start by telling us a bit about yourself and your

role in IDFPR?

I began employment with the Illinois Department of Financial

and Professional Regulation on August 1, 2012. As Chief of

Investigations for the Division of Real Estate, I direct, develop,

and implement a statewide comprehensive investigation

program geared toward enforcement of the Illinois Real Estate

License Act of 2000, the Real Estate Appraiser Licensing Act

of 2002, the Auction Licensing Act, the Home Inspector Act,

the Community Association Manager License and Disciplinary

Act, and the Appraisal Management Company Registration

Act. I help develop and implement policies & procedures

dening disciplinary case review and referral, ensuring that

investigative procedures are in accordance with applicable

laws, rules, and regulations.

What does the Chief of Investigations unit do?

I serve as a full-time supervisor assigning and reviewing

work, providing guidance and training to assigned sta, and

counseling sta regarding work performance. I also respond

to inquiries from complainants, respondents, and members of

the general public.

What is something you are proud to have accomplished

at IDFPR?

I am particularly proud of helping the Division of Real Estate’s

Appraisal Unit improve compliance with federal regulation

and the requirements of the Appraisal Subcommittee of the

Federal Financial Institutions Examination Council (“ASC”).

What is a personal accomplishment you’re proud of?

I am actually very pleased with two personal accomplishments

in particular: Being a graduate of the 188th Session of the FBI

National Academy, Quantico Virginia, and being sworn to the

Bar of the Supreme Court of the United States of America.

Tell us about a moment/turning point in your life that

you learned/grew from?

The importance of family, duty, and loyalty was reinforced in

me while serving as a caregiver for my elderly inrm parents in

the autumn of their lives.

What are some other jobs/positions you’ve held or

pursued?

Outside of my duties with the State, I currently serve as an

Arbitrator in the Cook County Mandatory Arbitration Program

of the Circuit Court.

I also serve as a member of the Board of Directors at the

“New Roseland Community Hospital.”

Prior to joining IDFPR, I served

as a commander in the Chicago

Police Department (“CPD”)

leading various units. As

Commander of Management

& Labor Aairs, I represented

the CPD during negotiation of

collective bargaining agreements

with various labor organizations

and at arbitration proceedings

and hearings.

As Commander of the CPD

Internal Aairs Division, I was

responsible for directing and

coordinating investigations of

alleged ocer misconduct or

corruption. I was subsequently assigned to the Bureau of

Detectives overseeing approximately two hundred detectives

investigating homicides and property crimes on the west

side of Chicago. In 2009, I became Commander of the Vice

Control Division in the Bureau of Organized Crime, where I

was responsible for the city-wide investigation of licensed

business establishments, solicitation, human tracking, and

illegal gambling. During my time in the Bureau of Organized

Crime, I was federally deputized to represent the CPD on the

“FBI Crimes against Children Human Tracking Task Force.”

My last assignment with the CPD was as Commander of the

025th District (Grand and Central) overseeing approximately

three hundred and twenty police personnel.

Summer is coming, what are some of your favorite

summer activities?

When summer arrives, I look forward to enjoying time at the

family lake house in Michigan where I can swim, sh, and

lunch on the pontoon boat.

What hobby/special interest/talent do you have that we

be surprised about?

I enjoy musical instruments, particularly the guitar, piano, and

clarinet. However, I have not yet mastered any of them. I am

also fascinated by foreign languages and the origin of words.

Sp tlight:

Employee

Hector

Rodriguez

Hector Rodriguez

Chief of Invesgaons

SCHOLARSHIP PROGRAM

IDFPR’s Diversity Real Estate Scholarship Program awards 60 diversity scholarships every year. This

scholarship program is administered through the Illinois Real Estate Educational Foundation and awards

sixty $500 scholarships to Illinois residents of diverse racial origin pursuing courses of study that will

prepare them for careers in real estate or enhance the skills and knowledge that they currently use as real

estate professionals.

For more information and how to apply click: Illinois Diversity Real Estate Scholarship Program

DRE BOARD OPENINGS

We are always looking for new board member candidates! It is imperative we maintain a pipeline of potential

board member candidates as terms expire and/or vacancies must be lled.

If you or someone you know might be interested in serving on a Board, please have them email Jennifer

Rossiter Moreno at Jennifer[email protected].

Renewal Deadlines!

• Community Association Manager

8/31/2023

• CertiedResidentialRealEstateAppraiser

9/30/2023

• CertiedGeneralRealEstateAppraiser

9/30/2023

• AssociateRealEstateTraineeAppraiser

9/30/2023

• LicensedAuctionCESchool

12/31/2023

• AuctionCECourse

12/31/2023

• HomeInspectorEducationProvider

12/31/2023

• HomeInspectorPre-licenseCourse

12/31/2023

• HomeInspectorCECourse

12/31/2023

CHRIS POSEY: NEW

BOARD MEMBER FOR THE

REAL ESTATE APPRAISAL

ADMINISTRATION AND

DISCIPLINARY BOARD

The Division of Real Estate welcomes new Appraisal Administration and Disciplinary Board member,

Christopher (Chris) Posey. We are thrilled to have Chris’ expertise on the Board.

Chris began his career as a Certied Residential Real Estate Appraiser in 2005 while also working in the

banking profession on the treasury/cash management side. Originally pursued as a side business, CJP

Appraisal Services LLC continued to grow, eventually allowing Chris to leave the banking profession in

2021 to focus his energy strictly on the real estate profession. His experience is performing residential

real estate valuation services for lenders and private/non-lender work, as well as performing commercial

valuation services by partnering with a Certied General Real Estate Appraiser.

Chris is a graduate of Southern Illinois University at Carbondale with a bachelor’s degree in marketing (May

1997) and a Master’s degree in Business Administration. He is married to his college sweetheart (Latasha).

They have two children (Devani - 25 years old; Ryan - 16 years old). In his spare time for fun, he likes to

hit the weights at the gym.

To access our Enforcement Reports in their entirety, please visit the IDFPR Consolidated Reports webpage at https://idfpr.

illinois.gov/news/disciplines/discreports.html.

UNLICENSED

One individual was ordered to cease and desist from engaging in auction rm activities that require a license in Illinois under

the Auction License Act

An individual was ordered to cease and desist engaging in any community association manager activities in Illinois without a

license and assessed a civil penalty of $1,000 for the unlicensed practice of community association management.

Two individuals were ordered to cease and desist engaging in any community association manager activities in Illinois

without a license and assessed a civil penalty of $500 for engaging in the unlicensed practice of community association

management.

Three individuals were ordered to cease and desist the unlicensed practice of real estate.

APPRAISAL

A certied residential real estate appraiser license was reprimanded, and the licensee was ordered to complete a class for

making errors and omissions that led to the communication of a misleading appraisal report.

A certied residential real estate appraiser license was suspended for failure to le and/or pay Illinois state income taxes.

AUCTION

An auction licensee was ned $1,000 for engaging in the practice of auction activities in the State of Illinois prior to obtaining

a license pursuant to the Auction Licensing Act.

COMMUNITY ASSOCIATION MANAGER

A community association manager licensee was ned $3,000 for engaging in the practice of community association

management activities in the state of Illinois prior to obtaining a license pursuant to the Community Association Manger

License and Disciplinary Act.

A community association manager license was revoked, and the licensee was ned $5,000 for unprofessional conduct,

commingling, and mismanaging of client’s funds, and for removing association funds without authorization.

REAL ESTATE

Twenty real estate broker licenses were suspended for failure to le and/or pay Illinois state income taxes.

A real estate broker license was suspended for being more than 30 days delinquent in the payment of child support.

A real estate manager broker license was suspended for failure to le and/or pay Illinois state income taxes.

A real estate broker license was ned $5,000 and the licensee was ordered to take a class for aiding and abetting in the

practice of real estate by an unlicensed entity.

A real estate managing broker license was placed on probation for 2 years, was ned $6,000 for performing licensed real

estate activities while the license was not renewed and while the sponsor’s license was inactive, for failure to supervise, and

for failing to complete required continuing education prior to renewing the license and falsely stating that they were exempt

from the requirement.

A real estate broker license was ned $8,000 and the licensee was ordered to take a class for aiding and abetting in the

practice of real estate by an unlicensed entity.

QUARTERLY

ENFORCEMENT

REPORT

REAL ESTATE DIVISION ENFORCEMENTS

MARCH & APRIL 2023

State of Illinois

Illinois Department of Financial and Professional Regulaon

IOCI 24-0005 7-23 Web

Licensing and Testing

320 West Washington Street

3rd Floor

Springeld, Illinois 62786

[email protected]

General Assistance:

1-888-473-4858

Enforcement, Complaints, and

Investigations

555 West Monroe Street

5th Floor

Chicago, Illinois 60661

Complaint Intake Unit:

[email protected]

Continuing Education

Citations:

[email protected]

TTY Line:

866-325-4949

Check out our DRE FAQ

playlist on YouTube here!

https://idfpr.illinois.gov/dre.html

A real estate limited liability rm license was placed on probation for two years and was ned $2,000 for engaging in licensed

real estate activities while its license was inactive.

A real estate managing broker license was ned $3,000 and the licensee was ordered to complete additional education for

aiding and abetting an applicant engaged in licensed real estate activities and for failure to supervise an unlicensed assistant.

A real estate broker corporation license was ned $3,000 for aiding and abetting an applicant engaged in licensed real

estate activities and for failure to supervise.

A real estate managing broker license was suspended and ned $2,000 for failing to provide the Department with documents

requested during a Broker Verication Examination and for failing to notify the Department of any change in email address

or phone number within 24 hours after such change

A real estate managing broker license was ned $2,000 and the licensee was ordered to take a class for aiding and abetting

the unlicensed practice of real estate and for engaging in licensed real estate activities while the license was suspended.

A real estate managing broker license was revoked and ned $25,000 for altering a sales contract without authorization from

all parties, failing to deposit earnest money in an escrow account, failing to account for or remit money belonging to others,

engaging in unprofessional conduct, dishonest dealing, pursuing a continued and agrant course of misrepresentation and

making false promises, failing to make available to the Department all escrow records within 24 hours of the Department’s

request, failing to maintain transaction les for ve years, and for failing to report the loss of escrow records to the Department.

A real estate managing broker license and real estate corporation license were ned $2,000 jointly and severally and a real

estate managing broker was ordered not to engage in property management services indenitely, for a minimum period of

2 years, for failing to act in a manner consistent with promoting the client’s best interests as opposed to theirs or any other

person’s self-interest by failing to timely account for all money and property received in which the client has, may have, or

should have an interest and for failing to account for or remit any money coming into their possession that belonged to

another person.

A real estate managing broker license was revoked and ned $15,000 for failing to return monies to two separate individuals

obtained in contemplation of real estate investments that never came to fruition, making false promises in connection with

those investments, failing to account for or remit moneys or documents coming into the licensee’s possession that belonged

to others, engaging in dishonorable, unethical, and unprofessional conduct of a character likely to deceive, defraud, or harm

the public, and for failing to respond to the Department’s request for information within 30 days of the request.

Four real estate managing broker licenses were suspended for failure to le and/or pay Illinois state income taxes.

Fourteen real estate broker licenses were suspended for failure to le and/or pay Illinois state income taxes.

The material and information contained in this newsletter is for general information purposes only and should not be

considered legal advice. You should not rely upon the material or information in the newsletter as a basis for making any

business, legal, or other decisions. Information contained herein may not constitute the most up-to-date information.

Please consult an attorney to obtain legal advice or interpretation of any applicable laws.