Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)

Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - ANSWERBreach 2. In dealing with the public, a licensee: - ANSWERmay keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 3. Escrow monies: - ANSWERcould include security deposits as well as earnest money. 4. An offer may be terminated: - ANSWERif it is rejected; if it is changed; or if it is revoked before acceptance. A property management company runs a complex of several buildings, all belonging to the same owner and on the same parcel of land. At the owner's request, the manager