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ILLINOIS LEASING AGENT LICENSE EXAM 2024 PREP GUIDE WITH 350 EXAM QUESTIONS AND 100% CORRECT ANSWERS

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Institution ILLINOIS LEASING LICENSE
Course ILLINOIS LEASING LICENSE
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ILLINOIS LEASING AGENT LICENSE EXAM 2024 PREP GUIDE WITH 350 EXAM QUESTIONS AND 100% CORRECT ANSWERS What is a Leasing Agent License? - ANSWER-a limited scope license to engage in the leasing of residential real estate only What is a Leasing Agent NOT allowed to do, even with a Leasing License? - ANSWER-A leasing agent may NOT engage in any sales activities with this license or any activities with commercial real estate - these require a real estate broker's license. What duties can Leasing Agents perform with their license? - ANSWER--Leasing or renting of residential property -Attempt, offer or negotiate to rent or lease residential property -Collect rent or supervise the collection of rent What MUST Leasing Agents be sponsored by? - ANSWER-a sponsoring broker or broker firm

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