Ton Street, 3 Floor Springfield, Illinois 62786 800-560-6420 557 / 556 / 553 PURPOSE: This application is to renew a lapsed (non-renewed) credential for an ASSOCIATE REAL ESTATE TRAINEE APPRAISER (557), CERTIFIED RESIDENTIAL REAL ESTATE APPRAISER (556) OR CERTIFIED GENERAL REAL ESTATE APPRAISER (553). If you are th applying to renew AFTER September 30 of an odd year, you must complete this form and pay the fee (which includes the $50 late fee). DIRECTIONS: Carefully follow the steps outlined wi.
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How to fill out the REA-5550 - Renewal Application online
The REA-5550 - Renewal Application is a crucial form for individuals seeking to renew their real estate appraiser licenses in Illinois. This guide provides a comprehensive overview of the application process to help users complete the form accurately and efficiently.
Follow the steps to successfully complete your renewal application.
- Click the ‘Get Form’ button to access the REA-5550 - Renewal Application and open it in the form editor.
- Begin by completing Part 1, where you must check the box corresponding to the credential you are renewing: Associate Real Estate Trainee Appraiser, Certified Residential Real Estate Appraiser, or Certified General Real Estate Appraiser. Note the associated fees.
- In Part 2, indicate which continuing education (CE) requirement you are submitting by checking one of the two options regarding your completed hours.
- Fill out Part 3 with your identifying information. This includes your name, social security number, address, birth information, and contact details. Ensure accuracy, as this will be your official address.
- Complete Part 4, which requires a disclosure of your personal history. Answer all questions truthfully, especially regarding any criminal convictions, licensing issues, and military service. Provide required documentation if applicable.
- In Part 5, certify your application by reading the statements carefully. Acknowledgment of the statements requires your original ink signature and the date.
- Finally, review the entire application for completeness and accuracy. Once confirmed, you can save your changes and proceed to download, print, or share the completed form.
Complete your REA-5550 - Renewal Application online today to ensure your license remains active and compliant.
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How do I get my appraisal license in Illinois?
Appraisal Licensing Illinois Obtain Your Illinois Associate Appraiser Trainee License. Complete Your Certified Residential Appraiser Education. Conduct Your Appraisal Work Experience. Submit Your Application & Background Check With Fingerprinting. Pass the National Uniform Licensing & Certification Examination.
How do I become a residential appraiser in Illinois?
To obtain the Certified Residential Real Estate Appraiser designation, a person must meet the following qualifications: completion of 120 hours of appraisal coursework and 2,500 hours of experience, passage of an examination, and payment of the required fees.
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