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ILLINOIS LEASING LICENSE EXAM QS 100% CORRECT!

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Institution ILLINOIS LEASING LICENSE
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- 2nd floor tenant has six months to go on their pone-year lease before their lease expires - ANSWER The tenant has an estate for years - 3rd floor tenant's lease has expired and the landlord has a tenant who will pay double the rent but the present tenant will not move out under these conditions - ANSWER The tenant has an estate at sufferance Under the Illinois Human Rights Act an elderly person is any person or persons over the age of: - ANSWER 40 When you pass your state exam, you must register with a broker - ANSWER within 1 year All security deposits must be placed in an escrow account... - ANSWER By the broker of the leasing agent representing the lessor. How much notice must Susan, the lessor, give at the end of a lease for an estate for years to regain possession of the apartment? - ANSWER No notice A tenant has signed a lease for 1

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