8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
Illinois Residential Leasing Agent License Exam |
Questions with Correct Answers 2026/2027 latest
update!! - Questions & Answers | Latest Already
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Terms in this set (176)
The leasing agent license shall expire A) Even numbered years
on July 31st of
a) Even numbered years
b) Odd numbered years
c) Each year
d) Every three years
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,8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
Sponsoring brokers must submit the 45 B) 24 hours of employment
day sponsor card to IDFPR within:
a) 12 hours of employment
b) 24 hours of employment
c) 36 hours of employment
d) 48 hours of employment
Leasing Agent licensees must D) 8 hours of continuing education
complete how many hours of
continuing education during the 24
month period prior renewal:
a) 12 hours of continuing education
b) 15 hours of continuing education
c) 3 hours of continuing education
d) 8 hours of continuing education
The Real Estate Recovery Fund is B) A fund at IDFPR to reimburse persons who suffer a
a) A fund maintained by the broker for loss due to a licensee's actions
licensee violations
b) A fund at IDFPR to reimburse
persons who suffer loss due to
licensee's actions
c) A fund that every sponsoring broker
is required to keep in case of violations
d) A fund at the local Realtor
Association to discipline licensees
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,8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
The general requirements for a D) All of the above
Residential Leasing Agent to obtain a
license include:
A) Applicant must be 18 years of age
B) Applicant must have a high school
diploma of GED
C) Applicant must have a sponsoring
broker or broker firm
D) All of the above
Which of the following is TRUE as it D) All licensed leasing agents must be sponsored by a
relates to the licensing of Residential broker or broker firm
Leasing Agents?
A) Leasing agents may engage in
either sales or rental of all property
types
B) Leasing agents may engage in only
the sale of residential property
C) All leasing agent applicants must be
21 years of age
D) All licensed agents must be
sponsored by a broker or broker firm
The Residential Leasing Agent license A) Only residential activities for which a license if
allows the licensee to engage in: required by IDFPR
A) Only residential leasing activities for
which a license is required by IDFPR
B) The sale of commercial real estate
C) Only HUD related residential estate
D) Shopping center management and
leasing
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, 8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
Disciplinary actions for leasing agents: B) Shall conform with disciplinary actions for all
A) Shall be less than that which is licensees
levied on other licensees
B) Shall conform with disciplinary
actions for all licensees
C) Are established by the broker
D) Are established by Illinois Realtors
An applicant shall not practice as a C) More than once
Student Leasing Agent:
A) More than once in a 24-month
period
B) More than once a year
C) More than once
D) More than once in a 36-month
period
Which of the following is TRUE about C) It is a temporary 45-day permit issued by the
sponsor cards? sponsoring broker
A) Sponsor cards are only issued for
residential leasing agents
B) All sponsor cards are issued by
IDFPR
C) It is a temporary 45-day permit
issued by the sponsoring broker
D) It is an 180 days student permit
https://quizlet.com/1200816054/illinois-residential-leasing-agent-license-exam-questions-with-correct-answers-20262027-latest-update-questions-ans… 4/45
Illinois Residential Leasing Agent License Exam |
Questions with Correct Answers 2026/2027 latest
update!! - Questions & Answers | Latest Already
Graded A+
Add to calendar
Play your way to mastery with fun games
Match Blocks Charms NEW
Terms in this set (176)
The leasing agent license shall expire A) Even numbered years
on July 31st of
a) Even numbered years
b) Odd numbered years
c) Each year
d) Every three years
https://quizlet.com/1200816054/illinois-residential-leasing-agent-license-exam-questions-with-correct-answers-20262027-latest-update-questions-ans… 1/45
,8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
Sponsoring brokers must submit the 45 B) 24 hours of employment
day sponsor card to IDFPR within:
a) 12 hours of employment
b) 24 hours of employment
c) 36 hours of employment
d) 48 hours of employment
Leasing Agent licensees must D) 8 hours of continuing education
complete how many hours of
continuing education during the 24
month period prior renewal:
a) 12 hours of continuing education
b) 15 hours of continuing education
c) 3 hours of continuing education
d) 8 hours of continuing education
The Real Estate Recovery Fund is B) A fund at IDFPR to reimburse persons who suffer a
a) A fund maintained by the broker for loss due to a licensee's actions
licensee violations
b) A fund at IDFPR to reimburse
persons who suffer loss due to
licensee's actions
c) A fund that every sponsoring broker
is required to keep in case of violations
d) A fund at the local Realtor
Association to discipline licensees
https://quizlet.com/1200816054/illinois-residential-leasing-agent-license-exam-questions-with-correct-answers-20262027-latest-update-questions-ans… 2/45
,8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
The general requirements for a D) All of the above
Residential Leasing Agent to obtain a
license include:
A) Applicant must be 18 years of age
B) Applicant must have a high school
diploma of GED
C) Applicant must have a sponsoring
broker or broker firm
D) All of the above
Which of the following is TRUE as it D) All licensed leasing agents must be sponsored by a
relates to the licensing of Residential broker or broker firm
Leasing Agents?
A) Leasing agents may engage in
either sales or rental of all property
types
B) Leasing agents may engage in only
the sale of residential property
C) All leasing agent applicants must be
21 years of age
D) All licensed agents must be
sponsored by a broker or broker firm
The Residential Leasing Agent license A) Only residential activities for which a license if
allows the licensee to engage in: required by IDFPR
A) Only residential leasing activities for
which a license is required by IDFPR
B) The sale of commercial real estate
C) Only HUD related residential estate
D) Shopping center management and
leasing
https://quizlet.com/1200816054/illinois-residential-leasing-agent-license-exam-questions-with-correct-answers-20262027-latest-update-questions-ans… 3/45
, 8/21/26, 7:43 AM Illinois Residential Leasing Agent License Exam | Questions with Correct Answers 2026/2027 latest update!! - Questions & Answers…
Disciplinary actions for leasing agents: B) Shall conform with disciplinary actions for all
A) Shall be less than that which is licensees
levied on other licensees
B) Shall conform with disciplinary
actions for all licensees
C) Are established by the broker
D) Are established by Illinois Realtors
An applicant shall not practice as a C) More than once
Student Leasing Agent:
A) More than once in a 24-month
period
B) More than once a year
C) More than once
D) More than once in a 36-month
period
Which of the following is TRUE about C) It is a temporary 45-day permit issued by the
sponsor cards? sponsoring broker
A) Sponsor cards are only issued for
residential leasing agents
B) All sponsor cards are issued by
IDFPR
C) It is a temporary 45-day permit
issued by the sponsoring broker
D) It is an 180 days student permit
https://quizlet.com/1200816054/illinois-residential-leasing-agent-license-exam-questions-with-correct-answers-20262027-latest-update-questions-ans… 4/45
