If a person has been fined $25,000 for unlicensed practice, how long do they have to pay?

The correct choice indicates that a person fined for unlicensed practice in Illinois has 60 days to pay the imposed fine. This timeframe is established by the Illinois Department of Financial and Professional Regulation, which governs licensing and can impose penalties for unlicensed activities.

Timely payment is crucial as it helps individuals avoid further penalties or possible legal actions that could arise from non-compliance. The 60-day period provides a balance, allowing the fined party adequate time to address their financial obligations while still maintaining regulatory integrity. Understanding these timelines is vital for anyone involved in real estate practice in Illinois, as it reflects the state's commitment to upholding professional standards.