To that end, the IDFPR has authority to initiatedisciplinary proceedings against licensees for violations of the Illinois Real Estate Act of 2000.The IDFPR may “refuse to issue or renew a license, may place on probation, suspend, or revokeany license, reprimand, or take any other disciplinary or non-disciplinary action as theDepartment may deem proper or impose a fine not to exceed $25,000 upon any licensee underthis Act . . . for any one or combination of” the grounds for discipline set forth in §20-20 of theAct, 225 ILCS 454/20-20.Additionally, a licensee may be subject to both civil penalties and criminal liability for theunlicensed practice of real estate brokerage:Any person who practices, offers to practice, attempts to practice, or holds oneselfout to practice as a real estate broker, real estate salesperson, or leasing agentwithout being licensed under this Act shall, in addition to any other penaltyprovided by law, pay a civil penalty to the Department in an amount not to exceed$25,000 for each offense as determined by the Department. 225 ILCS 454/20-10(a).Any person who is found working or acting as a managing broker, real estatebroker, real estate salesperson, or leasing agent or holding himself or herself out asa licensed sponsoring broker, managing broker, real estate broker, real estatesalesperson, or leasing agent without being issued a valid existing license is guilty ofa Class A misdemeanor and on conviction of a second or subsequent offense theviolator shall be guilty of a Class 4 felony. 225 ILCS 454/20-22.It is a fundamental principle under Illinois law that parties can agree to any terms, and can contract in any situation, as long as there is no legal prohibition or public policy that dictates otherwise.Contracts for the sale of lands, tenements, or hereditaments or any interest in or concerning them for a term longer than one year must be in writing to satisfy the Frauds Act.

He was further validated in a subsequent comment by @Nick Chucales who, until very recently, was an investigator for the Ohio Division of Real Estate.

You would have to get a conventional loan for the subsequent properties until you refinance out of or pay off the FHA loan.

You would sell one or more properties (“relinquished property”) and subsequently build or make improvements on land that you already own (“replacement property”).

The "popular" theory, promoted by foreclosure defense attorneys was that the bank could not foreclose on Any non payment of P&I once a foreclosure was filed due to non payment of P&I, if the original foreclosure or, a subsequent one, was not active at the 5 year mark.

I found % deviation from historical affordability to be most predictive vs. subsequent actual price drops post 2007 (83% correlation at the state level).

We own a lot of houses and duplex/quads here in LA County and get tons of these letters (that I used to throw out, but am now keeping as examples) Has your rate gone up with any subsequent mailings or have you given up?

Assignor - Someone who negotiates a contract to purchase real property and subsequently sells the aforementioned contract for a fee.

For example if a number of them live in a house, and subsequently purchased another house to live in, then could not sell the house.

Implying is that your offer is identical to the other offers on the table just with a lower due diligence is extremely misleading to anyone subsequently reading this post.