What is the purpose of the Illinois Permit Sponsor Card form?
The Illinois Permit Sponsor Card form is essential for individuals seeking licensure as a Broker, Managing Broker, or Leasing Agent in the state of Illinois. It serves multiple functions, including allowing self-sponsorship and facilitating the change of a Sponsoring Broker. To complete the process, applicants must provide necessary documentation, such as an original terminated license or an affidavit if the original is unavailable.
What information is required on the form?
When filling out the Illinois Permit Sponsor Card form, applicants must provide personal information, including their name, Social Security number, mailing address, and telephone number. Additionally, they need to specify their gender and the type of license they are applying for (Broker, Managing Broker, or Leasing Agent). The form also requires details about the sponsoring broker, including their name, license number, and contact information. This ensures that all relevant parties are properly identified and documented.
What is the fee associated with changing a Sponsoring Broker?
When an individual wishes to change their Sponsoring Broker, a fee of $25 is required. This payment must be made in the form of a check or money order made payable to the Illinois Department of Financial and Professional Regulation (IDFPR). It is important to include this payment with the submitted form to avoid delays in processing the change.
What should I do after completing the form?
After filling out the Illinois Permit Sponsor Card form, retain two copies: one for the sponsor and one for the employee. It is crucial to submit the original form to the IDFPR at the address provided at the top of the document. Additionally, ensure that the employee information is submitted within 24 hours of issuance to comply with state regulations. If any questions arise, contacting the IDFPR office is recommended for clarification.