Question 45

An attorney who receives a commission on a real estate sale is required by law to have a real estate license in Illinois.

In Illinois, attorneys who earn a commission from real estate transactions must hold a real estate license to legally conduct such activities. This requirement ensures that they are knowledgeable about real estate laws and practices.

A) an employee at a wrecking company who negotiates bids and contracts for the destruction of old buildings

This option is incorrect as employees at wrecking companies do not engage in real estate transactions or represent any party in such matters. Their work involves demolition and contract negotiation related to construction, which does not necessitate holding a real estate license.

B) a regular employee of a licensed real estate management company who manages 200 apartments in the apartment complex where they live

While this individual may be involved in property management, they are not required to have a real estate license as long as they are working under the supervision of the licensed real estate management company. Their role does not involve direct sales or commissions.

C) a regular employee of a property owner who collects rent

This option is also incorrect because an employee collecting rent on behalf of a property owner does not need a real estate license. Such employees typically act under the property owner's authority and do not engage in licensed real estate activities.

D) an attorney who receives a commission on a real estate sale

This option is correct because attorneys in Illinois who receive commissions for real estate transactions must possess a real estate license. This requirement aligns with the state's regulations to ensure that individuals involved in real estate transactions are properly licensed and informed about relevant laws.

Conclusion

The requirement for attorneys receiving commissions on real estate sales to hold a real estate license is crucial for regulatory compliance and consumer protection. Other options, such as employees in demolition or property management roles, do not involve direct real estate transactions or commission structures that would necessitate a license. Thus, option D is the only choice that meets the legal criteria outlined in Illinois law.