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    2 Replies Latest reply on Mar 20, 2008 1:40 PM by LUCKIEST

    In Illinois is a license needed to Manage Property?

    verse2101 Wayfarer
      Is a license needed to manage property in Illinois?

      Please let me know.
        • Re: In Illinois is a license needed to Manage Property?
          Lighthouse24 Ranger

          In Illinois, property management activities that involve general administration, routine repairs, contracting for property maintenance, clean-up/turnaround, and paying general expenses do NOT require a license.

          Issuing an advertisement of property for lease, showing a unit for rent or lease, negotiating lease or rental contract terms, maintaining security deposits, or handling rent payments DOES require a real estate brokers license. Source: Illinois Real Estate Act of 2000

          I'm sure there must be exceptions and exclusions (like for people renting their own homes) in the Act. Anyway, that's the authority to reference to get a specific answer for your situation. Hope it helps -- best wishes.
          • Re: In Illinois is a license needed to Manage Property?
            LUCKIEST Guide
            2101, In Illinois is a license needed to Manage Property??
            There is a company called "businesslicenses" (one word)
            You tell them City and State and Type of business and they
            will tell you any and all licenses needed in that city.
            LUCKIEST