Leasing Agent Final Exam Questions With 100% Correct Answers 2024/2025

Leasing Agent Final Exam Questions With 100% Correct Answers 2024/2025 A tenant in Apartment A tested their own apartment for radon and the results were 10.9 pCi/L. What is now required of the landlord? - answerMust disclose the radon hazard to subsequent tenants of Apartment A Someone advertises their summer home for rent. "Renting 2 bedroom home. No more than 2 children. $2,000 for the season. Call (800) 242-3939" Is this advertisement legal? - answerNo because of the limit on the number of children A prospective tenant wants to file a Fair Housing complaint under Federal law. Where do they go to? - answerDepartment of Housing and Urban Development (HUD) If an option to purchase is not acted on within the specified time period, the optionee: - answerLoses their right to purchase at the agreed upon price and terms A landlord fails to pay the utility bills and the heat is turned off in January. A tenant can move out and claim: - answerConstructive eviction A rental finding service must: - answerHave a written agreement before collecting a fee What automatically happens if a leasing agent is found in court to have discriminated? - answerHave their license revoked or suspended without a hearing The License Act requires leasing agents to: - answerHave their diploma/GED and be at least 18 years old What must be included in every ad for an apartment rental by a leasing agent? - answerThe leasing agent's company's name A tenant puts a window air conditioning unit in their apartment's window. What is this considered? - answerPersonal property What must a sponsoring broker do when a leasing agent leaves the firm? - answerGet the name of their new sponsoring broker When leasing an apartment, what question is permitted to be asked? - answerHow many occupants will be living here? A tenant asks a leasing agent the racial make-up of the complex. What is an appropriate response? - answer"If that information is important to you, please seek it from another source." A tenant signs a lease at 9 pm on Friday night and gives you a check for their security deposit. When must it be deposited? - answerBy the close of work on Monday Which of the following should you share with prospective tenants in a large complex? - answerThe pool is being