Fillable Illinois Permit Sponsor Card Template in PDF
Contents
The Illinois Permit Sponsor Card form plays a crucial role in the licensing process for real estate professionals in the state. This form is essential for anyone looking to apply for licensure as a Broker, Managing Broker, or Leasing Agent. It must be completed accurately to ensure a smooth application process. If an individual is self-sponsoring, they are required to fill out the 45-day permit on their own behalf. Additionally, the form requires the inclusion of an original terminated license or an affidavit if the original license is unavailable. For those changing their Sponsoring Broker, the form must be submitted along with a $25 fee, payable by check or money order to the Illinois Department of Financial and Professional Regulation (IDFPR). The form collects vital employee information, including the applicant's name, social security number, and contact details, and it must be submitted within 24 hours of issuance. Furthermore, the form captures details about the sponsoring broker, including their name, license number, and contact information. Once completed, it is important to retain two copies for record-keeping—one for the sponsor and one for the employee—while the original must be returned to the IDFPR office in Springfield.
Things to Know About This Form
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.
Key takeaways
When filling out and using the Illinois Permit Sponsor Card form, it is essential to understand the following key points:
- Self-Sponsorship: If you plan to self-sponsor, you must complete the 45-day permit on your own behalf.
- Licensure Requirement: Completing this form is a necessary step to apply for licensure as a Broker, Managing Broker, or Leasing Agent.
- Original License Submission: You need to include your original terminated license or an affidavit explaining why the original license is not available.
- Changing Sponsoring Broker: If you are changing your Sponsoring Broker, this form is required, and there is a $25 fee associated with the change.
- Payment Method: The payment for the fee must be made via check or money order, made payable to IDFPR.
- Timely Submission: Employee information must be submitted within 24 hours of issuance to ensure compliance.
- Retention of Copies: It is important to retain two copies of the completed form—one for the sponsor and one for the employee.
For any questions regarding the process, contacting the appropriate office is advisable. Ensure that the original form is returned to the specified address to complete the application process.
Common mistakes
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Incomplete Personal Information: Many applicants fail to provide all required personal details, such as the full name, Social Security number, or complete mailing address. Omitting any of these can delay processing.
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Incorrect License Number: It is common for individuals to mistakenly enter the wrong license number. This can lead to confusion and may require additional steps to rectify the error.
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Failure to Include Payment: When changing a Sponsoring Broker, applicants often forget to include the $25 fee. Payment must be made via check or money order, and not including it can result in the rejection of the application.
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Missing Signature: A signature from the Managing Broker is essential. Some applicants neglect to sign the form, which can cause delays in processing the permit.
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Not Submitting Within the Required Timeframe: The form must be submitted within 24 hours of issuance. Delays in submission can lead to complications or the need to reapply.
How to Fill Out Illinois Permit Sponsor Card
Completing the Illinois Permit Sponsor Card form is a crucial step for individuals seeking to apply for licensure in real estate professions. This form must be filled out accurately to ensure compliance with state regulations. After submission, the form will be processed by the Illinois Department of Financial and Professional Regulation.
- Obtain the Illinois Permit Sponsor Card form from the Illinois Department of Financial and Professional Regulation website or their office.
- Fill in the current date in the designated space.
- Enter your license number in the appropriate section.
- Provide your full name as it appears on your license.
- Input your Social Security Number in the specified field.
- Complete your mailing address, including street address, city, county, state, and ZIP code.
- Include your telephone number in the format (XXX) XXX-XXXX.
- Select your gender by checking the appropriate box.
- Indicate your role by checking one of the following options: Managing Broker, Broker, or Leasing Agent.
- Provide the sponsor name of your sponsoring broker.
- Enter the license number of your sponsoring broker.
- If applicable, fill in the doing business as (D/B/A) name.
- Complete the mailing address for the sponsor, including street address, city, state, and ZIP code.
- Provide the telephone number of the sponsoring broker in the format (XXX) XXX-XXXX.
- Sign the form by providing your name and license number as the managing broker.
- Make sure to retain two copies of the completed form: one for your records and one for the sponsor.
- Submit the original form to the address listed at the top of the form.
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