Page 1 of 169
Illinois Condominium Property Manager (CAM)
Licensing Examination – 250 Practice
Questions With Verified Answers & Rationales
LATEST UPDATE THIS YEAR
Illinois Condominium Property Manager (CAM) Licensing Examination – 250 Practice
Questions With Verified Answers & Rationales
EXAM OVERVIEW
Category Details
License Type Community Association Manager (CAM) License
Governing
Illinois Department of Financial and Professional Regulation (IDFPR)
Authority
Governing
Community Association Managers Act (225 ILCS 427)
Statute
Illinois Condominium Property Act (765 ILCS 605); Illinois Human Rights Act;
Key Legal Fair Housing Act (Federal & State); Residential Landlord and Tenant Act
References (765 ILCS 705); Smoke Detector Act (425 ILCS 60/); Carbon Monoxide Alarm
Detector Act
Pre-license
20 hours (for CAM license)
Education
Minimum Age 18 years old
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Category Details
License
Biennial (every two years)
Renewal
Professional "Community Association Manager" (formerly "Property Manager" is no
Title longer permitted as of June 2, 2023)
SECTION 1: LICENSING REQUIREMENTS AND REGULATORY FRAMEWORK (Questions 1–45)
1. Which state agency is responsible for licensing, regulating, and disciplining Community
Association Managers in Illinois?
A) Illinois Department of Insurance
B) Illinois Department of Financial and Professional Regulation (IDFPR)
C) Illinois Real Estate Commission
D) Illinois Department of Commerce
Answer: B
Rationale: The Illinois Department of Financial and Professional Regulation (IDFPR) is the state
government agency responsible for the licensing, regulation, and discipline of Community
Association Managers (CAMs) in Illinois.
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2. According to the 2023 IDFPR regulations, which professional title is no longer permitted and
must be updated to "Community Association Manager"?
A) Property Manager
B) Condominium Manager
C) Homeowners Association Manager
D) Building Supervisor
Answer: A
Rationale: As of June 2, 2023, the professional title "Property Manager" is no longer allowed
and must be updated to "Community Association Manager" under updated IDFPR regulations.
3. What is the minimum age requirement to obtain a Community Association Manager license
in Illinois?
, Page 4 of 169
A) 16 years old
B) 17 years old
C) 18 years old
D) 21 years old
Answer: C
Rationale: Applicants must be at least 18 years old to be licensed as a Community Association
Manager in Illinois.
4. How many hours of pre-license education are required for a Community Association
Manager license in Illinois?
A) 10 hours
B) 15 hours
C) 20 hours
D) 30 hours
Illinois Condominium Property Manager (CAM)
Licensing Examination – 250 Practice
Questions With Verified Answers & Rationales
LATEST UPDATE THIS YEAR
Illinois Condominium Property Manager (CAM) Licensing Examination – 250 Practice
Questions With Verified Answers & Rationales
EXAM OVERVIEW
Category Details
License Type Community Association Manager (CAM) License
Governing
Illinois Department of Financial and Professional Regulation (IDFPR)
Authority
Governing
Community Association Managers Act (225 ILCS 427)
Statute
Illinois Condominium Property Act (765 ILCS 605); Illinois Human Rights Act;
Key Legal Fair Housing Act (Federal & State); Residential Landlord and Tenant Act
References (765 ILCS 705); Smoke Detector Act (425 ILCS 60/); Carbon Monoxide Alarm
Detector Act
Pre-license
20 hours (for CAM license)
Education
Minimum Age 18 years old
,Page 2 of 169
Category Details
License
Biennial (every two years)
Renewal
Professional "Community Association Manager" (formerly "Property Manager" is no
Title longer permitted as of June 2, 2023)
SECTION 1: LICENSING REQUIREMENTS AND REGULATORY FRAMEWORK (Questions 1–45)
1. Which state agency is responsible for licensing, regulating, and disciplining Community
Association Managers in Illinois?
A) Illinois Department of Insurance
B) Illinois Department of Financial and Professional Regulation (IDFPR)
C) Illinois Real Estate Commission
D) Illinois Department of Commerce
Answer: B
Rationale: The Illinois Department of Financial and Professional Regulation (IDFPR) is the state
government agency responsible for the licensing, regulation, and discipline of Community
Association Managers (CAMs) in Illinois.
,Page 3 of 169
2. According to the 2023 IDFPR regulations, which professional title is no longer permitted and
must be updated to "Community Association Manager"?
A) Property Manager
B) Condominium Manager
C) Homeowners Association Manager
D) Building Supervisor
Answer: A
Rationale: As of June 2, 2023, the professional title "Property Manager" is no longer allowed
and must be updated to "Community Association Manager" under updated IDFPR regulations.
3. What is the minimum age requirement to obtain a Community Association Manager license
in Illinois?
, Page 4 of 169
A) 16 years old
B) 17 years old
C) 18 years old
D) 21 years old
Answer: C
Rationale: Applicants must be at least 18 years old to be licensed as a Community Association
Manager in Illinois.
4. How many hours of pre-license education are required for a Community Association
Manager license in Illinois?
A) 10 hours
B) 15 hours
C) 20 hours
D) 30 hours
