ILLINOIS STATE LAW PRACTICE
EXAM QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTIONS 100%
CORRECT RATED A+
Property Disclosure Acts
Question 1: Under the provisions of the Residential Real Property Disclosure Act,
which of the following statements accurately outlines the mandatory statutory
procedure for completing the property condition report?
A) The real estate broker must fill out the form entirely on behalf of their
client to guarantee technical accuracy
B) The form must be completed and signed exclusively by the seller, and it
should never be filled out by the real estate agent ✔✔
C) The local municipal housing inspector must complete the form after
conducting a physical walkthrough
D) The prospective buyer completes the form based on their initial open-
house observations
Commission Interventions & Relocation Fees
Question 2: An agent spends the weekend showing homes to out-of-town buyers.
On Sunday evening, the buyers submit an offer that is successfully accepted by the
seller. On Tuesday morning, a relocation network company calls the agent’s firm
demanding a 25% broker-to-broker referral fee because the buyer's employer has a
corporate contract with their relocation service. Which of the following establishes
a legal safeguard that prevents the relocation company from successfully
demanding this fee?
A) The agent has a verbal agreement to take the buyers out for dinner after
closing
B) The agent has an active, executed exclusive buyer agency agreement with
the buyers ✔✔
, C) The buyer's company has a high-volume corporate turnover rate
D) The transaction involves a conventional loan rather than an FHA loan
Legal Note: Relocation firms and outside networks are legally prohibited from
interfering with an established, exclusive contractual relationship between a buyer
and another real estate licensee. They cannot threaten punitive action against a
consumer or broker to disrupt an existing exclusive agreement.
Fair Housing Regulations & Protected Classes
Question 3: While federal fair housing laws establish protected classes
nationwide, the Illinois Human Rights Act expands these protections
significantly. In addition to the federally protected classes, which of the following
complete groups of traits is explicitly protected under Illinois state law?
A) Political party affiliation, educational background, and net worth
B) Marital status, age (40+), current military status, unfavorable military
discharge (excluding dishonorable), ancestry, sexual orientation, and order
of protection status ✔✔
C) Employment status, credit score history, and personal references
D) Income brackets, vehicle ownership, and criminal history alone
Study Tip: To remember the additional Illinois protected classes, utilize the
acronym MAMA-SO (Marital status, Age, Military status/Ancestry, Order of
protection status, Sexual Orientation). Note that "unfavorable military discharge" is
protected, but this explicitly does not include a dishonorable discharge.
Which of the following are required documents for an illinois sponsoring broker to
receive from each sponsored agent? -ANSWER ✔✔A signed copy of their
employment agreement
- Every agent must a signed contract with their sponsoring broker.
EXAM QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTIONS 100%
CORRECT RATED A+
Property Disclosure Acts
Question 1: Under the provisions of the Residential Real Property Disclosure Act,
which of the following statements accurately outlines the mandatory statutory
procedure for completing the property condition report?
A) The real estate broker must fill out the form entirely on behalf of their
client to guarantee technical accuracy
B) The form must be completed and signed exclusively by the seller, and it
should never be filled out by the real estate agent ✔✔
C) The local municipal housing inspector must complete the form after
conducting a physical walkthrough
D) The prospective buyer completes the form based on their initial open-
house observations
Commission Interventions & Relocation Fees
Question 2: An agent spends the weekend showing homes to out-of-town buyers.
On Sunday evening, the buyers submit an offer that is successfully accepted by the
seller. On Tuesday morning, a relocation network company calls the agent’s firm
demanding a 25% broker-to-broker referral fee because the buyer's employer has a
corporate contract with their relocation service. Which of the following establishes
a legal safeguard that prevents the relocation company from successfully
demanding this fee?
A) The agent has a verbal agreement to take the buyers out for dinner after
closing
B) The agent has an active, executed exclusive buyer agency agreement with
the buyers ✔✔
, C) The buyer's company has a high-volume corporate turnover rate
D) The transaction involves a conventional loan rather than an FHA loan
Legal Note: Relocation firms and outside networks are legally prohibited from
interfering with an established, exclusive contractual relationship between a buyer
and another real estate licensee. They cannot threaten punitive action against a
consumer or broker to disrupt an existing exclusive agreement.
Fair Housing Regulations & Protected Classes
Question 3: While federal fair housing laws establish protected classes
nationwide, the Illinois Human Rights Act expands these protections
significantly. In addition to the federally protected classes, which of the following
complete groups of traits is explicitly protected under Illinois state law?
A) Political party affiliation, educational background, and net worth
B) Marital status, age (40+), current military status, unfavorable military
discharge (excluding dishonorable), ancestry, sexual orientation, and order
of protection status ✔✔
C) Employment status, credit score history, and personal references
D) Income brackets, vehicle ownership, and criminal history alone
Study Tip: To remember the additional Illinois protected classes, utilize the
acronym MAMA-SO (Marital status, Age, Military status/Ancestry, Order of
protection status, Sexual Orientation). Note that "unfavorable military discharge" is
protected, but this explicitly does not include a dishonorable discharge.
Which of the following are required documents for an illinois sponsoring broker to
receive from each sponsored agent? -ANSWER ✔✔A signed copy of their
employment agreement
- Every agent must a signed contract with their sponsoring broker.
