Illinois General Assembly - Illinois Compiled Statutes

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225 ILCS 458/25-10

(225 ILCS 458/25-10)

(Section scheduled to be repealed on January 1, 2027)

Sec. 25-10. Real Estate Appraisal Administration and Disciplinary Board; appointment.

(a) There is hereby created the Real Estate Appraisal Administration and Disciplinary Board.  The Board
shall be composed of the Coordinator and 10 persons appointed by the Governor.  Members shall be appointed to the Board
subject to the following conditions:

(1) All appointed members shall have been residents

and citizens of this State for at least 5 years prior to the date of appointment.

(2) The appointed membership of the Board should

reasonably reflect the geographic distribution of the population of the State.

(3) Four appointed members shall have been actively

engaged and currently licensed as State certified general real estate appraisers for a period of not less than 5 years.

(4) Three appointed members shall have been actively

engaged and currently licensed as State certified residential real estate appraisers for a period of not less than 5 years.

(5) One appointed member shall hold a valid license

as a real estate broker for at least 3 years prior to the date of the appointment and  shall hold either a valid State certified general real estate appraiser license or a valid State certified residential appraiser license issued under this Act or a predecessor Act for a period of at least 5 years prior to the appointment.

(6) One appointed member shall be a representative of

a financial institution, as evidenced by proof of employment with a financial institution.

(7) One appointed member shall represent the

interests of the general public.  This member or the member's spouse shall not be licensed under this Act nor be employed by or have any financial interest in an appraisal business, appraisal management company, real estate brokerage business, or a financial institution.

In making appointments as
provided in paragraphs (3) and (4) of this subsection, the Governor shall
give due consideration to recommendations by members and organizations
representing the profession.

In making the appointments as
provided in paragraph (5) of this subsection, the Governor shall give
due consideration to the recommendations by members and organizations
representing the real estate industry.

In making the appointment as provided
in paragraph (6) of this subsection, the Governor
shall give due consideration to the recommendations by members and
organizations representing financial institutions.

(b) The members' terms shall be for 4 years or until a successor is appointed. No member shall be reappointed to the Board for a term that would cause the member's cumulative service to the Board to exceed 12 years. Appointments to fill vacancies shall be for the unexpired portion of the term.

(c) The Governor may terminate the appointment of a member for cause that,
in
the opinion of the Governor, reasonably justifies the termination.  Cause for
termination may include, without limitation, misconduct, incapacity, neglect of
duty, or missing 4 Board meetings during any one fiscal year.

(d) A majority of the Board members shall constitute a
quorum.  A vacancy in the membership of the Board shall not impair the right of
a quorum to exercise all of the rights and perform all of the duties of the
Board.

(e) The Board shall meet at least monthly and may be convened
by the Chairperson, Vice-Chairperson, or 3 members of the Board upon 10 days
written notice.

(f) The Board shall, annually at the first meeting of the fiscal year,
elect a Chairperson and Vice-Chairperson from its
members.  The Chairperson shall preside over the meetings and shall coordinate
with the Coordinator

in developing and distributing an agenda for each meeting.  In the absence of
the Chairperson, the Vice-Chairperson shall preside over the meeting.

(g) The Coordinator shall serve as
a member of the Board without vote.

(h) The Board shall advise and make recommendations to
the Department
 on the education and experience qualifications of any applicant for initial licensure as a State certified general real estate appraiser or  a State certified residential real estate appraiser.  The Department shall not make any decisions concerning education or experience qualifications of an applicant for initial licensure as a State certified general real estate appraiser or a State certified residential real estate appraiser without having first received the advice and recommendation of the Board and
 shall give due consideration to all
such advice and recommendations; however, if the Board does not render advice or make a recommendation within a reasonable amount of time, then the Department may render a decision.

(i) Except as provided in Section 15-17 of this Act, the
 Board shall hear and make recommendations to the
Secretary
 on
 disciplinary matters
that require a formal evidentiary hearing.  The Secretary
 shall give due
consideration to the
recommendations of the Board involving discipline and questions involving
standards of professional
conduct of licensees.

(j) The Department shall seek and the Board shall provide
 recommendations to the Department
 consistent with the
provisions
of this Act and for the administration and enforcement of all
 rules adopted
pursuant to this Act. The Department

shall give due consideration to
such
 recommendations
prior to adopting rules.

(k) The Department shall seek and the Board shall provide
 recommendations to the Department
 on the approval of all courses
submitted to the Department

pursuant to this Act and the rules adopted pursuant to this Act. The Department shall not approve any courses without having first received the recommendation of the Board and
 shall
give due consideration to such

recommendations
prior to approving and licensing courses; however, if the Board does not make a recommendation within a reasonable amount of time, then the Department may approve courses.

(l) Each voting member of the Board may receive a per diem stipend in an
amount
to be determined by the Secretary. While engaged in the performance of duties, each member shall be reimbursed for necessary expenses.

(m) Members of the Board shall be immune from suit in an action based upon
any disciplinary
proceedings or other acts performed in good faith as members of the Board.

(n) If the Department disagrees with any advice or recommendation provided by the Board under this Section to the Secretary or the Department, then notice of such disagreement must be provided to the Board by the Department.

(o) (Blank).

(Source: P.A. 102-20, eff. 1-1-22; 102-970, eff. 5-27-22; 103-236, eff. 1-1-24.)