LEASING AGENT LATEST 2026 EXAMINATION MANUAL
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔A student rents a campus apartment just for the summer. June 1-August 30. He
makes monthly payments to the landlord. His tenancy would be called a(n): - ✔✔Estate
for years
✔✔A building owner hires a professional property manager to lease his apartment
complex. The apartment manager does NOT usually have the authority to: - ✔✔Have
an apartment remodeled to meet the tenant's specifications
✔✔Landlord Joan wishes to evict Tenant Tom and receive a judgement for past due
rent. She will use what legal action to accomplish this? - ✔✔Forcible Entry and Detainer
✔✔Which of the following would be an illegal policy for a landlord to enforce? - ✔✔No
gays or lesbians
✔✔Which of the following statements is true regarding leasing agent continuing
education requirements? Illinois continuing education requirements per renewal period
are: - ✔✔8 hours
✔✔Brokers who receive others' monies to hold are required by the License Act to: -
✔✔Maintain an escrow (trust) account
✔✔A landlord owns two houses, both built in 1920. She rents one and sells the other.
Regarding leas-based paint disclosures, which statement is correct? - ✔✔Tenants are
not given the 10-day opportunity to test
✔✔A property manager working alone, out of his home, managing properties for 3 close
friends and charging only a minimal fee is: - ✔✔Required to have a managing broker's
license and meet all other licensing rules
✔✔Managing broker Bob cannot place which funds in his escrow account? - ✔✔His
agent's personal security deposits
✔✔An Illinois real estate license wants to rent his own personal condo, owned with his
wife, who is not licensed. Which statement is true regarding their advertisements? -
✔✔They may advertise "by owner", as long as they indicate "agent owned" in any ads
✔✔Which of the following activities could cause an Illinois licensee to be disciplined? -
✔✔Failure to pay state income taxes
, ✔✔A leasing agent is showing an apartment to a prospective tenant. They must
disclose what kind of defects? - ✔✔Latent defects
✔✔George orders furnace checks for all the apartments he owns. This would be an
example of: - ✔✔Preventive maintenance
✔✔Regarding real estate ads: - ✔✔The brokerage's name must be conspicuously
displayed
✔✔A limited scope leasing agent license may be obtained with how many classroom
hours? - ✔✔15 hours
✔✔A mortgage contains an "assignment of rent" clause. This mean that the - ✔✔Lender
can collect rent from the tenants, if the landlord is behind on payments
✔✔The Americans with Disabilties Act requires that - ✔✔Reasonable accomodations be
provided to people with disabilties
✔✔Jamaal wishes to rent the apartment in the rear of his home to someone of the same
faith. Can he discriminate in this manner? - ✔✔Yes, under some circumstances
✔✔Prospective tenant Jose is blind and has a seeing-eye dog. He wishes to rent an
apartment that does not allow pets. Which of the following statements is true? - ✔✔He
must be allowed to rent the apartment and keep the dog
✔✔John is disabled and must use crutches to walk. He asks that the parking place
closest to the front door be reserved for him. Which of the following statements is true? -
✔✔This is a reasonable request, and the landlord should provide this for free
✔✔A disabled tenant wishes to build a ramp to access the building he is renting. The
landlord - ✔✔Should allow this if the tenant pays for the ramp
✔✔College student Ed wishes to go to work for a local student housing company as a
leasing agent. How long can he work before passing his licensing class and receiving
the proper license? - ✔✔120 days
✔✔A leasing agent works for ABC Realty as a property manager. ABC Realty also has
a sales division. The agent has a brother who wants to buy a home and refers him to
the sales division. Which statement is true? - ✔✔He cannot receive anything of value
for the referral
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔A student rents a campus apartment just for the summer. June 1-August 30. He
makes monthly payments to the landlord. His tenancy would be called a(n): - ✔✔Estate
for years
✔✔A building owner hires a professional property manager to lease his apartment
complex. The apartment manager does NOT usually have the authority to: - ✔✔Have
an apartment remodeled to meet the tenant's specifications
✔✔Landlord Joan wishes to evict Tenant Tom and receive a judgement for past due
rent. She will use what legal action to accomplish this? - ✔✔Forcible Entry and Detainer
✔✔Which of the following would be an illegal policy for a landlord to enforce? - ✔✔No
gays or lesbians
✔✔Which of the following statements is true regarding leasing agent continuing
education requirements? Illinois continuing education requirements per renewal period
are: - ✔✔8 hours
✔✔Brokers who receive others' monies to hold are required by the License Act to: -
✔✔Maintain an escrow (trust) account
✔✔A landlord owns two houses, both built in 1920. She rents one and sells the other.
Regarding leas-based paint disclosures, which statement is correct? - ✔✔Tenants are
not given the 10-day opportunity to test
✔✔A property manager working alone, out of his home, managing properties for 3 close
friends and charging only a minimal fee is: - ✔✔Required to have a managing broker's
license and meet all other licensing rules
✔✔Managing broker Bob cannot place which funds in his escrow account? - ✔✔His
agent's personal security deposits
✔✔An Illinois real estate license wants to rent his own personal condo, owned with his
wife, who is not licensed. Which statement is true regarding their advertisements? -
✔✔They may advertise "by owner", as long as they indicate "agent owned" in any ads
✔✔Which of the following activities could cause an Illinois licensee to be disciplined? -
✔✔Failure to pay state income taxes
, ✔✔A leasing agent is showing an apartment to a prospective tenant. They must
disclose what kind of defects? - ✔✔Latent defects
✔✔George orders furnace checks for all the apartments he owns. This would be an
example of: - ✔✔Preventive maintenance
✔✔Regarding real estate ads: - ✔✔The brokerage's name must be conspicuously
displayed
✔✔A limited scope leasing agent license may be obtained with how many classroom
hours? - ✔✔15 hours
✔✔A mortgage contains an "assignment of rent" clause. This mean that the - ✔✔Lender
can collect rent from the tenants, if the landlord is behind on payments
✔✔The Americans with Disabilties Act requires that - ✔✔Reasonable accomodations be
provided to people with disabilties
✔✔Jamaal wishes to rent the apartment in the rear of his home to someone of the same
faith. Can he discriminate in this manner? - ✔✔Yes, under some circumstances
✔✔Prospective tenant Jose is blind and has a seeing-eye dog. He wishes to rent an
apartment that does not allow pets. Which of the following statements is true? - ✔✔He
must be allowed to rent the apartment and keep the dog
✔✔John is disabled and must use crutches to walk. He asks that the parking place
closest to the front door be reserved for him. Which of the following statements is true? -
✔✔This is a reasonable request, and the landlord should provide this for free
✔✔A disabled tenant wishes to build a ramp to access the building he is renting. The
landlord - ✔✔Should allow this if the tenant pays for the ramp
✔✔College student Ed wishes to go to work for a local student housing company as a
leasing agent. How long can he work before passing his licensing class and receiving
the proper license? - ✔✔120 days
✔✔A leasing agent works for ABC Realty as a property manager. ABC Realty also has
a sales division. The agent has a brother who wants to buy a home and refers him to
the sales division. Which statement is true? - ✔✔He cannot receive anything of value
for the referral
