100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

ILLINOIS LEASING AGENT CHAPTER 2 QUESTIONS AND ANSWERS

Rating
-
Sold
-
Pages
31
Grade
A+
Uploaded on
26-09-2024
Written in
2024/2025

ILLINOIS LEASING AGENT CHAPTER 2 QUESTIONS AND ANSWERS

Institution
Illinois Leasing Agent
Course
Illinois Leasing Agent











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Illinois Leasing Agent
Course
Illinois Leasing Agent

Document information

Uploaded on
September 26, 2024
Number of pages
31
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Name: Score:


37 Multiple choice questions

Term 1 of 37
It's acceptable for leasing agents to make a promise on behalf of the owner they are
representing. T F

True


False

Term 2 of 37
The builder of a newly constructed home that has not been occupied must complete a
Residential Real Property Disclosure form. T F

True

False

Term 3 of 37
Mold

A naturally occurring gas that is suspected of causing lung cancer.

Facts about a property that could influences a buyer's decision to make an offer.


A property that has an undesirable reputation because a violent crime or suicide
occurred in the property.


Fungi that can found almost anywhere and can grow on almost any organic substance.

Term 4 of 37
Any contractor may deal with the removal or encapsulation of lead. T F

True

False

,Term 5 of 37
Real estate licensees are legally obligated to disclose that the property has been stigmatized
if a murder takes place on the property. T F

True

False

Term 6 of 37
You can call a For Rent by Owner who is listed on the Do-Not-Call list Registry if you have a
renter client interested in the home. T F

True

False

Term 7 of 37
Mitigation of radon is suggested if your test level is 3PCi/L or more. T F

True


False

Term 8 of 37
A Residential Real Property Disclosure form must be filled out if the deed is signed by the
executor of the estate. T F

True


False

Term 9 of 37
Radon

Facts about a property that could influences a buyer's decision to make an offer.

A property that has an undesirable reputation because a violent crime or suicide
occurred in the property.


Fungi that can found almost anywhere and can grow on almost any organic substance.

A naturally occurring gas that is suspected of causing lung cancer.

,Term 10 of 37
You can legally send out millions of messages via e-mail asking people to buy your product or
service if you follow the rules. T F

True


False

Term 11 of 37
Landlords of buildings built prior to 1978 must present tenants with a Lead Based Paint
Disclosure along with the lease. It does not need to be completed with a lease renewal. T F

True


False

Term 12 of 37
Two brokers deciding to cooperate unfavorably with a new company is an example of an
antitrust violation. T F

True


False

Term 13 of 37
If a prospect is denied housing, the landlord must provide a letter informing then why they
were denied. T F

True

False

Term 14 of 37
Do-Not-Call Registry

The federal law that requires certain disclosures about mortgage loan settlements and
prohibits kickbacks and certain kinds of referral fees.

The federal law that allows consumers to register their phone numbers to alleviate calls
from telemarketers.

The law that spells out the responsibilities of users of credit information.

Law that establishes requirements for commercial email, including eBlasts.

, Term 15 of 37
You can help the seller fill out the disclosure forms. T F

True


False

Term 16 of 37
Many experts believe radon is the second leading cause of cancer. T F

True

False

Term 17 of 37
You are allowed to harvest e-mail addresses on the Internet according to the CAN-SPAM
regulations. T F

True

False

Term 18 of 37
CAN-SPAM

The right of a consumer to stop commercial emails from being sent to the

The federal law that allows consumers to register their phone numbers to alleviate calls
from telemarketers.

The federal law that requires certain disclosures about mortgage loan settlements and
prohibits kickbacks and certain kinds of referral fees.

Law that establishes requirements for commercial email, including eBlasts.

Term 19 of 37
Home inspectors will note any visible mold in their report. However, the problem can be latent
(not visible). T F

True


False

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
selftest Chamberlain College Of Nursing
View profile
Follow You need to be logged in order to follow users or courses
Sold
38
Member since
1 year
Number of followers
5
Documents
2606
Last sold
1 week ago
@SELF TEST

***MOTTO*** Success is life we aim to Achieve **VISION** To be a global learning & innovative site *MISSION* To drive a high quality education and a friendly & conducive learning atmosphere in which all learners can exploit their potential for their success

Read more Read less
4.1

10 reviews

5
6
4
0
3
3
2
1
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions