What is the maximum civil fine that the IDFPR can impose on licensees?

The Illinois Department of Financial and Professional Regulation (IDFPR) has the authority to impose civil fines on licensees for various violations of real estate law or regulations. The correct answer indicates that the maximum civil fine can be as high as $25,000. This amount serves as a significant deterrent for licensees, emphasizing the importance of compliance with ethical standards and legal requirements in the real estate industry. The fine structure is designed to uphold the integrity of the profession and protect consumers from misconduct or negligence by licensees. Understanding the maximum fines helps licensees remain aware of their responsibilities and the consequences of failing to adhere to state regulations.

The other amounts listed are either too low or too high when compared to the established maximum fine of $25,000, which is set to reflect the seriousness of violations while being commensurate with the regulatory intent of the IDFPR.