Laws
Requirements – Property managers must obtain a real estate license if they perform duties that are classified as “broker” activity. These duties include negotiating leases with prospective tenants, advertising rental property, and supervising the collection of rent. Illinois also offers a “residential leasing agent license” that can be attained more easily than a broker’s license but provides a limited scope of authority.[1][2]
Verify a Property Manager – Illinois Department of Financial and Professional Regulation