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  • Il Lb 15-10 2015

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-2256 Application to register with the Office of the Illinois Secretary of State, Securities Department, pursuant to the Illinois Loan Brokers Act of 1995. 1. Name of Applicant (if an individual or sole proprietor, state last name, first name and middle name): 2. Social Security Number or F.E.I.N.: 3. Telephone Number: 4. Name under which Loan Broker business primarily is conducted, if different: 5. Firm’s Main Address (If P.O. Box, must have legal address.): Include Addresses of all.

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How to fill out the IL LB 15-10 online

The IL LB 15-10 is an essential form for individuals and businesses seeking registration as loan brokers in the state of Illinois. This guide provides clear, step-by-step instructions to assist users in completing the form accurately and efficiently online.

Follow the steps to successfully complete the IL LB 15-10 form.

  1. Click the ‘Get Form’ button to access the IL LB 15-10 form and open it in your preferred digital format.
  2. Begin by entering the applicant's name at the top of the form. For individuals or sole proprietors, provide the last name, followed by the first name and middle name.
  3. Input the Social Security Number or Federal Employer Identification Number (F.E.I.N.) in the designated field.
  4. Provide a telephone number for contact purposes.
  5. If applicable, enter the name under which the loan broker business operates, ensuring it reflects the name used in daily operations.
  6. Fill out the firm’s main address. If using a P.O. Box, also include the legal address. Remember to list any branch office addresses in Illinois on an attached sheet.
  7. Complete the street address for both the legal and mailing locations, specifying city, state, and ZIP code as required.
  8. Indicate the legal status of the applicant by selecting one of the provided options: Corporation, Partnership, Sole Proprietorship, Limited Liability Company, or Limited Liability Partnership.
  9. If the applicant is a sole proprietor, provide the full residence address and Social Security Number in the appropriate fields.
  10. If the applicant is succeeding the business of a currently registered loan broker, answer the questions regarding succession, including the date of succession and the names of predecessors.
  11. Detail the nature and place(s) of business or employment history related to the applicant over the past 10 years.
  12. Respond to each background information question with ‘yes’ or ‘no’, providing additional documentation on an attached sheet if needed.
  13. For each principal of the applicant, fill in their name, residence, business address, and a 10-year occupational history, ensuring to include information for all relevant individuals.
  14. Finally, sign and date the form, and type or print your name and title in the designated area.
  15. Once all fields are filled out, remember to save changes, download, print, or share the completed form as required.

Complete your IL LB 15-10 form online today to ensure a smooth registration process.

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To become a broker in Illinois, you must fulfill educational requirements and pass the state exam, as outlined in IL LB 15-10. Typically, this includes completing a course on real estate principles and practices. Additionally, applicants must submit fingerprints for a background check. If you need guidance on fulfilling these requirements, consider using US Legal Forms to access helpful documents and forms.

Yes, commercial brokers must have a license to operate legally in Illinois. According to the IL LB 15-10, obtaining this license involves completing specific education requirements and passing an examination. Without this license, brokers cannot provide services related to commercial real estate transactions. For those seeking assistance, US Legal Forms offers resources to help navigate the licensing process smoothly.

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