When does a leasing agent license typically expire?

A leasing agent license in Illinois typically has an expiration date of July 31st of even-numbered years. This means that leasing agents must renew their licenses every two years to maintain their authority to operate in the state. The renewal due date is set to encourage continuous professional development and ensure that agents stay updated regarding laws and regulations relevant to leasing and property management. This periodic renewal process helps to maintain the integrity and professionalism within the industry, positively impacting both the agents and their clients.