Which entity is responsible for administering and enforcing the Illinois Real Estate License Act of 2000?

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The Illinois Department of Financial and Professional Regulation is the agency responsible for administering and enforcing the Illinois Real Estate License Act of 2000. This department oversees the licensing and regulation of various professions and occupations, including real estate. It ensures compliance with the laws and regulations pertaining to real estate practices, which includes managing the licensing process, handling complaints, and taking disciplinary actions when necessary.

While the Illinois Real Estate Commission plays a role in advising and assisting the Department, it is the Department of Financial and Professional Regulation that holds the primary responsibility for the enforcement of the laws outlined in the Real Estate License Act. The other entities listed, such as the Illinois Housing Authority and the Illinois Department of Revenue, have different functions and do not oversee the real estate licensing and regulatory framework. The Housing Authority typically focuses on affordable housing programs, while the Department of Revenue handles taxation and related financial regulations.

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