Which of the following is NOT a requirement for obtaining a real estate license in Illinois?

Study for the Illinois Laws and Rules Test with comprehensive flashcards and multiple choice questions. Each question provides hints and explanations. Prepare now and ace your exam!

To obtain a real estate license in Illinois, individuals must fulfill certain requirements established by the Illinois Department of Financial and Professional Regulation. Among these requirements, completion of a pre-licensing education program is essential, as it provides candidates with the knowledge and skills necessary to operate in the real estate market. Passing a state licensure examination is also mandatory; this exam assesses the understanding of real estate principles, laws, and practices.

Additionally, candidates must submit a license application, including pertinent background information and proof of completion of the required education and exam.

However, residency in Illinois for at least one year is not a prerequisite for obtaining a real estate license. Individuals from outside Illinois can complete the necessary educational programs, pass the exam, and apply for a license without needing to establish residency in the state for a specific duration before applying. Therefore, the requirement regarding residency does not align with the actual stipulations set forth for licensing, making it the correct choice in this context.

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