LEASING AGENT LATEST 2026 CORE EXAM MANUAL
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔An apartment building burns and is uninhabitable. Under what grounds is the lease
no longer valid? - ✔✔Possibility to complete
✔✔In case of a flood, tenants' contents: - ✔✔Will be insured only if the tenant has
purchased renter's insurance
✔✔In Illinois, a broker or leasing agent: - ✔✔Must have written contract with their
sponsoring broker
✔✔A leasing agent is showing the landlord's property to a prospective tenant. While
touring the home, the landlord tells the prospect that the basement is dry and has never
flooded. The agent knows that the last tenant had water problems in the basement.
Under this circumstance, what would be the most appropriate action of this dual agent?
- ✔✔The agent should speak up and correct the misinformation because the agent
owes the notice of material fact to both parties
✔✔A lease between a landlord and a 16 year old high school student is: - ✔✔Voidable
by the 16 year old
✔✔When all parties agree to the terms and conditions of a real estate contract, there is
said to be: - ✔✔A meeting of the minds
✔✔In a breached contract situation, which of the following refers to the remedy that
would force the tenant to finish out the lease term? - ✔✔A suit for specific performance
✔✔A real estate property management contract: - ✔✔Creates a fiduciary relationship
between the landlord and the sponsoring broker
✔✔A property owner gives the property manager specific instructions not to disclose a
faulty septic system. When showing the property, the property manager: - ✔✔Must
disclose this information, whether asked or not
✔✔Which of the following items would most likely be considered personal property? -
✔✔Mirror hanging on the wall
✔✔A prospective tenant, under the Federal Lead Based Paint rules, must be -
✔✔Given a pamphlet and any test results
✔✔Which would be an example of steering? - ✔✔An effort to attract minority buyers to
a neighborhood composed primarily of that race
, ✔✔The most common type of government assisted rentals is commonly called" -
✔✔Section 8 housing
✔✔Carbon monoxide detectors must be installed by ________ and maintained by
_________ - ✔✔landlord, tenant
✔✔Leasing agents' licenses expire on: - ✔✔July 31 on even numbered years
✔✔A likely place where "tenancy at will" might be used would be - ✔✔between parents
and a child
✔✔The Illinois Human Rights Act prohibited discrimination against the Federally-
protected classes, plus which of the following? - ✔✔Marital status, age, military
discharge status, ancestry, sexual orientation, pregnancy, arrest record, and order of
protection
✔✔The following ad appeared in the local newspaper:
-"Second floor apartment for rent. 3 large bedrooms, 2 full baths. No smoking allowed.
No pets or small children allowed without extra security deposit. One year lease
required. $900 per month. Call Sunland Villa, 509-355-1212 for more details."
Sunland is violating the Fair Housing Act because: - ✔✔This ad discriminates based on
familial status
✔✔A landlord wishes to legally remove a tenant who has breached the terms of their
lease. This process is known as a(n): - ✔✔Eviction
✔✔A student rents a campus apartment just for the summer. June 1-August 30. He
makes monthly payments to the landlord. His tenancy would be called a(n): - ✔✔Estate
for years
✔✔A building owner hires a professional property manager to lease his apartment
complex. The apartment manager does NOT usually have the authority to: - ✔✔Have
an apartment remodeled to meet the tenant's specifications
✔✔Landlord Joan wishes to evict Tenant Tom and receive a judgement for past due
rent. She will use what legal action to accomplish this? - ✔✔Forcible Entry and Detainer
✔✔Which of the following would be an illegal policy for a landlord to enforce? - ✔✔No
gays or lesbians
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔An apartment building burns and is uninhabitable. Under what grounds is the lease
no longer valid? - ✔✔Possibility to complete
✔✔In case of a flood, tenants' contents: - ✔✔Will be insured only if the tenant has
purchased renter's insurance
✔✔In Illinois, a broker or leasing agent: - ✔✔Must have written contract with their
sponsoring broker
✔✔A leasing agent is showing the landlord's property to a prospective tenant. While
touring the home, the landlord tells the prospect that the basement is dry and has never
flooded. The agent knows that the last tenant had water problems in the basement.
Under this circumstance, what would be the most appropriate action of this dual agent?
- ✔✔The agent should speak up and correct the misinformation because the agent
owes the notice of material fact to both parties
✔✔A lease between a landlord and a 16 year old high school student is: - ✔✔Voidable
by the 16 year old
✔✔When all parties agree to the terms and conditions of a real estate contract, there is
said to be: - ✔✔A meeting of the minds
✔✔In a breached contract situation, which of the following refers to the remedy that
would force the tenant to finish out the lease term? - ✔✔A suit for specific performance
✔✔A real estate property management contract: - ✔✔Creates a fiduciary relationship
between the landlord and the sponsoring broker
✔✔A property owner gives the property manager specific instructions not to disclose a
faulty septic system. When showing the property, the property manager: - ✔✔Must
disclose this information, whether asked or not
✔✔Which of the following items would most likely be considered personal property? -
✔✔Mirror hanging on the wall
✔✔A prospective tenant, under the Federal Lead Based Paint rules, must be -
✔✔Given a pamphlet and any test results
✔✔Which would be an example of steering? - ✔✔An effort to attract minority buyers to
a neighborhood composed primarily of that race
, ✔✔The most common type of government assisted rentals is commonly called" -
✔✔Section 8 housing
✔✔Carbon monoxide detectors must be installed by ________ and maintained by
_________ - ✔✔landlord, tenant
✔✔Leasing agents' licenses expire on: - ✔✔July 31 on even numbered years
✔✔A likely place where "tenancy at will" might be used would be - ✔✔between parents
and a child
✔✔The Illinois Human Rights Act prohibited discrimination against the Federally-
protected classes, plus which of the following? - ✔✔Marital status, age, military
discharge status, ancestry, sexual orientation, pregnancy, arrest record, and order of
protection
✔✔The following ad appeared in the local newspaper:
-"Second floor apartment for rent. 3 large bedrooms, 2 full baths. No smoking allowed.
No pets or small children allowed without extra security deposit. One year lease
required. $900 per month. Call Sunland Villa, 509-355-1212 for more details."
Sunland is violating the Fair Housing Act because: - ✔✔This ad discriminates based on
familial status
✔✔A landlord wishes to legally remove a tenant who has breached the terms of their
lease. This process is known as a(n): - ✔✔Eviction
✔✔A student rents a campus apartment just for the summer. June 1-August 30. He
makes monthly payments to the landlord. His tenancy would be called a(n): - ✔✔Estate
for years
✔✔A building owner hires a professional property manager to lease his apartment
complex. The apartment manager does NOT usually have the authority to: - ✔✔Have
an apartment remodeled to meet the tenant's specifications
✔✔Landlord Joan wishes to evict Tenant Tom and receive a judgement for past due
rent. She will use what legal action to accomplish this? - ✔✔Forcible Entry and Detainer
✔✔Which of the following would be an illegal policy for a landlord to enforce? - ✔✔No
gays or lesbians
