License Ultimate Exam
**Question 1.** Which of the following is a mandatory qualification to obtain an
Illinois Residential Leasing Agent license?
A) Must be a licensed real estate salesperson
B) Must be at least 21 years old
C) Must have a high school diploma or equivalent
D) Must have previously owned rental property
Answer: C
Explanation: Illinois law requires a high school diploma or its equivalent; there is
no age minimum beyond 18, nor a need for prior ownership or a salesperson
license.
**Question 2.** The 120-day leasing agent permit in Illinois allows the holder to:
A) Conduct property management for more than one broker simultaneously
B) Perform leasing activities while awaiting full licensure
C) Collect rent on behalf of the landlord without supervision
D) Negotiate purchase contracts for residential properties
Answer: B
Explanation: The temporary permit permits limited leasing activities while the
applicant completes licensing requirements; it does not extend to full property
management or purchase negotiations.
**Question 3.** Which entity is responsible for enforcing the Illinois Real Estate
License Act (RELA)?
, Illinois Residential Leasing Agent
License Ultimate Exam
A) Illinois Department of Revenue
B) Illinois Department of Financial and Professional Regulation (IDFPR)
C) Illinois Attorney General’s Office
D) Chicago Board of Realtors
Answer: B
Explanation: The IDFPR administers licensing, discipline, and regulation of real
estate professionals in Illinois.
**Question 4.** A leasing agent who knowingly makes a false statement on a
license application is subject to which disciplinary action?
A) A warning letter only
B) Mandatory additional education
C) Suspension or revocation of the license
D) No action if the false statement is minor
Answer: C
Explanation: Intentional misrepresentation is a serious violation and can lead to
suspension or revocation under RELA.
**Question 5.** When a leasing agent changes his or her mailing address, the
required notification period to the sponsoring broker and IDFPR is:
A) Within 5 business days
B) Within 30 days
, Illinois Residential Leasing Agent
License Ultimate Exam
C) Within 60 days
D) No notification required
Answer: B
Explanation: Illinois law requires a change of address to be reported within 30
days to maintain accurate licensing records.
**Question 6.** Under Illinois statutory duties, the duty of “care” requires a
leasing agent to:
A. Follow the broker’s instructions without question
B. Act in the best interest of the client and avoid negligence
C. Disclose all personal financial information to the client
D. Guarantee the tenant’s ability to pay rent
Answer: B
Explanation: The duty of care obligates the agent to perform services competently
and without negligence, protecting the client’s interests.
**Question 7.** Which agency relationship is prohibited for Illinois leasing
agents?
A) Designated agency
B) Dual agency
C) Single agency
D) Transaction brokerage
, Illinois Residential Leasing Agent
License Ultimate Exam
Answer: B
Explanation: Dual agency, representing both landlord and tenant in the same
transaction, is prohibited for leasing agents in Illinois.
**Question 8.** A written disclosure of agency relationships must be provided to
the consumer:
A) Only after the lease is signed
B) Before any negotiations commence
C) At the time of the first showings
D) It is optional if the broker’s name appears on the ad
Answer: B
Explanation: Illinois law requires the disclosure be given before any negotiations
to ensure transparency.
**Question 9.** The Federal Fair Housing Act protects which of the following
classes?
A) Age
B) Marital status
C) National origin
D) Military status
Answer: C