Illinois Property Manager & Leasing Agent Licensing Exam 2026/2027 | Verified Questions Illinois Department of Financial and Professional Regulation (IDFPR) | Verified Q&A | Real Estate Licensing Candidates Comprehensive 200-Question Original Actual

Illinois Property Manager & Leasing Agent
Licensing Exam 2026/2027 | Verified
Questions
Illinois Department of Financial and Professional Regulation
(IDFPR) | Verified Q&A | Real Estate Licensing Candidates
Comprehensive 200-Question Original Actual Exam Set | 2026/2027




Introduction
This 2026/2027 comprehensive 200-question actual exam set provides original
questions covering Illinois Real Estate License Act (RELA) Guidelines; Security Deposit
Regulations, Interest Acts, and Escrow Accounts; Federal and State Fair Housing Laws
(including the Illinois Human Rights Act); and Property Management Disclosures,
Leases, and Eviction Procedures. The content is designed to reinforce official IDFPR
course objectives for actual exam readiness and professional competency by
strengthening regulatory compliance, escrow accounting integrity, protected class
awareness, risk management, lease administration, and property maintenance
standards. Each item includes Verified Questions with concise rationales grounded in
Illinois Real Estate examination guidance, statutory law, and current property
management best practices.




Question 1 (Topic: Illinois Real Estate License Act - RELA)

An unlicensed leasing agent is hired by a sponsoring broker on May 1st. By which date

must this individual be properly enrolled in an approved licensing course and have a

completed sponsor card application submitted to the IDFPR?

, 14 days from hire

 30 days from hire

 60 days from hire

 120 days from hire

 Explanation: Under Section 5-5 of the Illinois Real Estate License Act (RELA), an

unlicensed individual may perform residential leasing activities for a maximum of 120

consecutive days while under the direct supervision of a sponsoring broker, provided

they complete their education and apply for licensure within this exact window.

Question 2 (Topic: Security Deposit Return Act)

A property manager oversees a 12-unit apartment building in Peoria. A tenant moves

out, leaving minor wall scuffs. If the manager plans to withhold money from the security

deposit to repaint, within how many days must they provide an itemized statement of

damages and repair receipts to the tenant?

 14 days

 30 days

 45 days

 60 days

 Explanation: The Illinois Security Deposit Return Act mandates that for residential

properties containing 5 or more units, a landlord or property manager has exactly 30

days from the date the tenant vacates to deliver an itemized statement of property

damages along with actual paid receipts or repair estimates.

Question 3 (Topic: Security Deposit Return Act)

, If a landlord of an 8-unit building in Illinois fails to provide an itemized statement of

damages within 30 days, but completely refuses to return any portion of the security

deposit, within how many total days from the move-out date must the full deposit be

returned to avoid statutory penalties?

 30 days

 45 days

 60 days

 90 days

 Explanation: If no itemized statement of damages is sent within 30 days, or if no

deductions are being made, the landlord must return the full security deposit to the

tenant within 45 days of the date the tenant vacated the premises.

Question 4 (Topic: Illinois Human Rights Act)

Which of the following is an explicit protected class under the Illinois Human Rights Act

that a property manager must respect, but is NOT protected under the federal Fair

Housing Act?

 Religion

 National Origin

 Familial Status

 Source of Income

 Explanation: While religion, national origin, and familial status are protected at both the

state and federal levels, "Source of Income" (which protects individuals using Housing

Choice Vouchers/Section 8) is a specific protected class added to the Illinois Human

Rights Act.

, Question 5 (Topic: Illinois Radon Awareness Act)

A property manager is leasing a garden-level (basement) apartment unit in Springfield.

Before executing the lease, what documentation regarding radon must be given to the

prospective tenant?

 An IEMA-approved radon disclosure form and a radon hazard info pamphlet

 A certified radon mitigation blueprint signed by an engineer

 A lead-based paint hazard booklet containing a radon rider

 No disclosure is required because radon only affects upper floors

 Explanation: The Illinois Radon Awareness Act requires landlords to provide an

approved disclosure form and educational pamphlet to any prospective tenant moving

into a unit located on the first or second story above ground level (including

basements/garden units), as these are closest to soil emissions.

Question 6 (Topic: Illinois Real Estate License Act - RELA)

What is the specific age requirement an applicant must meet to qualify for a Leasing

Agent License in the state of Illinois?

 16 years old

 18 years old

 21 years old

 25 years old

 Explanation: To be eligible for a leasing agent license under RELA guidelines, an

applicant must be at least 18 years of age, hold a high school diploma or its equivalent,

and successfully complete 15 hours of approved pre-license instruction.