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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB1394
Introduced 2/9/2005, by Rep. Angelo Saviano SYNOPSIS AS INTRODUCED:
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Amends the Real Estate License Act of 2000. Provides that the Department of Financial and Professional Regulation, the Attorney General, on behalf of the People of the State of Illinois, any statewide association of licensees, or any aggrieved party may bring an action against any person or entity engaging in real estate brokerage activities without first obtaining a license under this Act, unless otherwise exempt from licensure, and upon a finding of unlicensed activities shall be entitled to (i) appropriate equitable relief and (ii) actual damages, if any.
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A BILL FOR
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HB1394 |
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LRB094 09911 RAS 40169 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Real Estate License Act of 2000 is amended |
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| by adding Section 20-130 as follows:
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| (225 ILCS 454/20-130 new) |
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| Sec. 20-130. Unlicensed activities; relief. The Department |
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| of Financial and Professional Regulation, the Attorney |
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| General, on behalf of the People of the State of Illinois, any |
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| statewide association of licensees, or any aggrieved party may |
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| bring an action against any person or entity engaging in real |
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| estate brokerage activities without first obtaining a license |
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| under this Act, unless otherwise exempt from licensure, and |
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| upon a finding of unlicensed activities shall be entitled to |
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| (i) appropriate equitable relief and (ii) actual damages, if |
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| any.
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