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  • ILLINOIS SECURITY CONTRACTOR LICENSING
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Ch. 29 - General Requirements For Licensees In Illinois QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS 100% CORRECT!!

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Course ILLINOIS SECURITY CONTRACTOR LICENSING
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Ch. 29 - General Requirements For Licensees In Illinois QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS 100% CORRECT!!

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Ch. 29 - General Requirements For
Licensees In Illinois QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT!!
Broker
✔✔ Answer: A person who engages in activities requiring a real estate license and
is employed or associated by written agreement with a managing broker as an
independent contractor


Managing Broker
✔✔ Answer: A broker with supervisory responsibilities over licensees in one or
more offices, appointed by the sponsoring broker


Leasing Agent
✔✔ Answer: A licensed individual in Illinois authorized only to engage in
residential leasing activities under a broker’s supervision, and may also manage
assigned property


Affidavit of non-participation -ANSWER ✔✔a sworn statement made by an
unlicensed person associated with or an owner of a licensed real estate corporation,
limited liability company, partnership, or limited partnership attesting that the
unlicensed person is not actively directing or engaging in real estate activities as
part of that association or ownership.


Certificate of Registration -ANSWER ✔✔the document issued by IDFPR
indicating approval of a continuing education course for which CE credit can be
granted.

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