Illinois Leasing Agent Ultimate Exam
**Question 1.** Which Illinois agency is responsible for issuing and regulating
leasing agent licenses?
A) Illinois Department of Commerce and Economic Opportunity
B) Illinois Department of Financial and Professional Regulation (IDFPR)
C) Illinois Department of Real Estate Services
D) Illinois Securities Department
Answer: B
Explanation: The IDFPR oversees all real-estate related licensure, including leasing
agents, under the Real Estate License Act of 2000.
**Question 2.** Under Illinois law, a leasing agent may negotiate lease terms on
behalf of a landlord, but may not:
A) Show vacant units to prospective tenants
B) Collect rent payments directly from tenants
C) Provide a copy of the lease to the tenant
D) Explain the landlord’s maintenance policies
Answer: B
Explanation: Collecting rent is considered a broker activity that requires a broker’s
license; leasing agents must remit rent to the sponsoring broker.
**Question 3.** The minimum age requirement to obtain an Illinois leasing agent
license is:
A) 16 years
B) 18 years
C) 21 years
D) 25 years
, Illinois Leasing Agent Ultimate Exam
Answer: B
Explanation: Illinois law sets 18 as the minimum age for any real-estate license,
including leasing agents.
**Question 4.** How many hours of pre-licensing education are required for an
Illinois leasing agent?
A) 10 hours
B) 15 hours
C) 20 hours
D) 30 hours
Answer: B
Explanation: The Real Estate License Act mandates a 15-hour pre-licensing course
for leasing agents.
**Question 5.** An Illinois leasing agent’s license must be renewed every:
A) 1 year
B) 2 years
C) 3 years
D) 5 years
Answer: B
Explanation: Leasing agent licenses are renewed biennially, with required
continuing education.
**Question 6.** Which of the following is NOT a continuing education (CE)
requirement for renewing a leasing agent license in Illinois?
A) 6 hours of CE every two years
, Illinois Leasing Agent Ultimate Exam
B) 3 hours of Fair Housing law
C) 2 hours of Illinois Real Estate Law
D) 4 hours of advanced leasing negotiations
Answer: D
Explanation: Illinois CE requirements include 6 hours total, with specific
allocations; “advanced leasing negotiations” is not a mandated category.
**Question 7.** If a leasing agent changes sponsoring brokers, the agent must:
A) Submit a new license application
B) Wait 30 days before working for the new broker
C) File a change-of-broker form with the IDFPR within 30 days
D) Obtain a separate lease-only endorsement
Answer: C
Explanation: The IDFPR requires a change-of-broker notification within 30 days of
the new relationship.
**Question 8.** Which activity would be considered “blind advertising” and could
lead to disciplinary action?
A) Advertising a property without photos
B) Advertising a property without disclosing the broker’s name
C) Advertising a property with the price listed as “call for details”
D) Advertising a property on social media only
Answer: B
Explanation: Illinois law requires that all real-estate advertising disclose the
broker’s name; omitting it is “blind advertising.”
, Illinois Leasing Agent Ultimate Exam
**Question 9.** When handling a security deposit, an Illinois leasing agent must:
A) Hold the deposit in a personal account until lease signing
B) Deliver the deposit to the sponsoring broker within 24 hours of receipt
C) Transfer the deposit to the landlord’s account immediately
D) Keep the deposit until the tenant vacates, then return it directly
Answer: B
Explanation: The agent must remit security deposits to the sponsoring broker
promptly, typically within 24 hours, to keep funds separate from personal
accounts.
**Question 10.** Which of the following duties is NOT part of the statutory
“COLD-AC” duties owed by a leasing agent to a client?
A) Care
B) Obedience
C) Loyalty
D) Disclosure of personal financial interest only after lease termination
Answer: D
Explanation: Disclosure of personal interest must be made prior to or during the
transaction, not after lease termination.
**Question 11.** In Illinois, a designated agency relationship means:
A) The leasing agent represents both landlord and tenant simultaneously without
consent
B) The leasing agent represents only the landlord, but the tenant is also a client of
the broker
**Question 1.** Which Illinois agency is responsible for issuing and regulating
leasing agent licenses?
A) Illinois Department of Commerce and Economic Opportunity
B) Illinois Department of Financial and Professional Regulation (IDFPR)
C) Illinois Department of Real Estate Services
D) Illinois Securities Department
Answer: B
Explanation: The IDFPR oversees all real-estate related licensure, including leasing
agents, under the Real Estate License Act of 2000.
**Question 2.** Under Illinois law, a leasing agent may negotiate lease terms on
behalf of a landlord, but may not:
A) Show vacant units to prospective tenants
B) Collect rent payments directly from tenants
C) Provide a copy of the lease to the tenant
D) Explain the landlord’s maintenance policies
Answer: B
Explanation: Collecting rent is considered a broker activity that requires a broker’s
license; leasing agents must remit rent to the sponsoring broker.
**Question 3.** The minimum age requirement to obtain an Illinois leasing agent
license is:
A) 16 years
B) 18 years
C) 21 years
D) 25 years
, Illinois Leasing Agent Ultimate Exam
Answer: B
Explanation: Illinois law sets 18 as the minimum age for any real-estate license,
including leasing agents.
**Question 4.** How many hours of pre-licensing education are required for an
Illinois leasing agent?
A) 10 hours
B) 15 hours
C) 20 hours
D) 30 hours
Answer: B
Explanation: The Real Estate License Act mandates a 15-hour pre-licensing course
for leasing agents.
**Question 5.** An Illinois leasing agent’s license must be renewed every:
A) 1 year
B) 2 years
C) 3 years
D) 5 years
Answer: B
Explanation: Leasing agent licenses are renewed biennially, with required
continuing education.
**Question 6.** Which of the following is NOT a continuing education (CE)
requirement for renewing a leasing agent license in Illinois?
A) 6 hours of CE every two years
, Illinois Leasing Agent Ultimate Exam
B) 3 hours of Fair Housing law
C) 2 hours of Illinois Real Estate Law
D) 4 hours of advanced leasing negotiations
Answer: D
Explanation: Illinois CE requirements include 6 hours total, with specific
allocations; “advanced leasing negotiations” is not a mandated category.
**Question 7.** If a leasing agent changes sponsoring brokers, the agent must:
A) Submit a new license application
B) Wait 30 days before working for the new broker
C) File a change-of-broker form with the IDFPR within 30 days
D) Obtain a separate lease-only endorsement
Answer: C
Explanation: The IDFPR requires a change-of-broker notification within 30 days of
the new relationship.
**Question 8.** Which activity would be considered “blind advertising” and could
lead to disciplinary action?
A) Advertising a property without photos
B) Advertising a property without disclosing the broker’s name
C) Advertising a property with the price listed as “call for details”
D) Advertising a property on social media only
Answer: B
Explanation: Illinois law requires that all real-estate advertising disclose the
broker’s name; omitting it is “blind advertising.”
, Illinois Leasing Agent Ultimate Exam
**Question 9.** When handling a security deposit, an Illinois leasing agent must:
A) Hold the deposit in a personal account until lease signing
B) Deliver the deposit to the sponsoring broker within 24 hours of receipt
C) Transfer the deposit to the landlord’s account immediately
D) Keep the deposit until the tenant vacates, then return it directly
Answer: B
Explanation: The agent must remit security deposits to the sponsoring broker
promptly, typically within 24 hours, to keep funds separate from personal
accounts.
**Question 10.** Which of the following duties is NOT part of the statutory
“COLD-AC” duties owed by a leasing agent to a client?
A) Care
B) Obedience
C) Loyalty
D) Disclosure of personal financial interest only after lease termination
Answer: D
Explanation: Disclosure of personal interest must be made prior to or during the
transaction, not after lease termination.
**Question 11.** In Illinois, a designated agency relationship means:
A) The leasing agent represents both landlord and tenant simultaneously without
consent
B) The leasing agent represents only the landlord, but the tenant is also a client of
the broker
