It is the responsibility of each licensee to properly renew their license. The licensee must accurately fill-out a renewal application and send the renewal application, together with the fee, to the Licensing Department in Springfield before the renewal date. If a renewal form is not received in the mail, it remains the responsibility of the licensee to file the renewal application. The licensee will also have the option to renew via Internet or telephone using a credit card.
Renewal Dates: April 30, 2010
Note - A person whose license has been expired for more than 2 years shall be required to meet the requirements for a new license, including completing all pre-license education and passing the exam. See Section 5-55(a) of the Act.
If you need additional information, please visit: http://www.idfpr.com/faq/BRE/toggleBRERealEstateFaq.asp
Tribune Co., the newspaper company that filed for bankruptcy in December, is looking for options for two buildings other than a sale because it doesn’t expect to find buyers.
Falling real estate values and tighter lending restrictions hurt the publisher’s plan to divest the Tribune Tower in Chicago and Times Mirror Square, home of its Los Angeles Times newspaper, said Gary Weitman, a company spokesman. A sale is still an option, he said, denying a Crain’s Chicago Business report that Tribune scrapped plans to put the Chicago building up for sale.
“Given the downturn in the real estate market, it’s less likely that we’ll sell the properties but we are still looking at all the options to maximize the value of both properties,” Weitman said.
Tribune is working with real estate firms to secure tenants and determine other uses for the buildings, Weitman said.
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