Leasing Agent Exam Questions Chapter 5 100% Solved

Leasing Agent Exam Questions Chapter 5 100% Solved Real estate licensees must: A. carry their real estate license in their wallet at all times B. give their real estate license to their sponsoring broker, who will post it in a public space in the sponsors office C. post their real estate license on the wall at home D. mail their real estate license to the regulating agency, where it will be hung in the Directors office - answerB. give their real estate license to their sponsoring broker, who will post it in a public space in the sponsors office Individuals must hold an active Illinois real estate license if they wish to negotiate the lease of: A. their own home in Chicago B. property belonging to a relatives estate for which they are executor C. a home belonging to a client who will pay them a commission. D. an apartment building they have inherited - answerC. a home belonging to a client who will pay them a commission. A real estate license can be revoked for: A. loss of a pocket card B. intentionally misleading someone into signing a contract C. submitting an absurd offer to the seller of a property D. closing a deal after midnight - answerB. intentionally misleading someone into signing a contract Illinois Residential leasing agent licenses expire on: A. April 30 on odd-numbered years B. July 31st of even numbered years C. April 30 of even-numbered years