Leasing Agent Practice Review Questions with verified
answers
________ is the promise offered in exchange for an action, something of value or
another promise. Ans✓✓✓ Valid contract
A black prospect made an offer. Did the broker violate the law by telling the seller
that the prospect is black?
No, because he has a duty to tell his principal about all material facts.
No, because his primary duty is to the seller.
No, because it should not have mattered.
Yes, because it should not have mattered. Ans✓✓✓ Yes, because it should not
have mattered.
A landlord in Illinois would be allowed to reject a tenant on the basis of the tenant
testing positive for HIV.
being a parent to a child under age 12.
having several large and unpaid debts.
receiving an order of protection against someone. Ans✓✓✓ having several large
and unpaid debts.
A licensee has been accused of inducing an owner to sell a property by implying
that people of a particular protected class are moving into the neighborhood.
Which of these statements is true?
,This licensee may only do this if they live on the same block.
This licensee may be disciplined for social engineering.
This licensee may be disciplined for steering.
This licensee may be disciplined for blockbusting. Ans✓✓✓ This licensee may be
disciplined for blockbusting.
A private country club offers to rent a residence on its property. Which of these
statements is true?
The club must NOT rent to its members.
The club may not act as a landlord.
The club may NOT give preference to its members.
The club may give preference to its members. Ans✓✓✓ The club may give
preference to its members.
A prospective tenant belongs to a protected class, so the landlord must
Steer them to a particular area.
Use a tester to confirm they are, in fact, part of the protected class.
ensure better treatment for this individual
treat the individual the same as all other prospective tenants. Ans✓✓✓ treat the
individual the same as all other prospective tenants.
A residential tenant may receive referral fees for referring prospective tenants to
rent in the same building. Compensation in a given year may not exceed
,$3,500 or two month's rent, whichever is less.
$1,500 or one month's rent, whichever is less.
$10,000 per year.
$5,000 or two month's rent, whichever is less. Ans✓✓✓ $5,000 or two month's
rent, whichever is less.
A right of possession for a fixed term that allows for automatic renewals for
additional terms is called
an estate for years.
a tenancy by the entireties.
an estate at will.
a periodic tenancy. Ans✓✓✓ a periodic tenancy
A tenant makes an oral offer to lease a house from an owner for two years. The
owner orally accepts the offer. Which of the following statements is true?
It is a unilateral contract.
The contract is a void contract.
The contract is unenforceable.
The contract is an illegal contract. Ans✓✓✓ The contract is unenforceable.
An African American prospect walks into a real estate office. The residential
leasing agent should
show the prospect apartments in a white neighborhood.
, show the prospect apartments in neighborhoods the agent chooses.
show the prospect apartments in a black neighborhood.
show the prospect apartments in neighborhoods the prospect chooses. Ans✓✓✓
show the prospect apartments in neighborhoods the prospect chooses.
An owner of a single-family house, owning less than three such houses, may sell
or rent without being subject to the provisions of the Fair Housing Act if he
does not use a broker and does not own other property.
uses a broker and owns 2 other properties.
uses a broker and does not own other property.
does not use a broker and owns 8 other properties. Ans✓✓✓ does not use a
broker and does not own other property.
An owner suddenly pulls a property off the market after being informed by the
agent that he had received a full-price offer from a minority party. The agent then
informs the offeror that the home has been removed from the market and is
unavailable. Which party or parties, if any, have violated fair housing laws?
The agent only
The owner only
The agent and the owner
Neither agent nor owner Ans✓✓✓ The agent and the owner
Complaints about discrimination may be brought
answers
________ is the promise offered in exchange for an action, something of value or
another promise. Ans✓✓✓ Valid contract
A black prospect made an offer. Did the broker violate the law by telling the seller
that the prospect is black?
No, because he has a duty to tell his principal about all material facts.
No, because his primary duty is to the seller.
No, because it should not have mattered.
Yes, because it should not have mattered. Ans✓✓✓ Yes, because it should not
have mattered.
A landlord in Illinois would be allowed to reject a tenant on the basis of the tenant
testing positive for HIV.
being a parent to a child under age 12.
having several large and unpaid debts.
receiving an order of protection against someone. Ans✓✓✓ having several large
and unpaid debts.
A licensee has been accused of inducing an owner to sell a property by implying
that people of a particular protected class are moving into the neighborhood.
Which of these statements is true?
,This licensee may only do this if they live on the same block.
This licensee may be disciplined for social engineering.
This licensee may be disciplined for steering.
This licensee may be disciplined for blockbusting. Ans✓✓✓ This licensee may be
disciplined for blockbusting.
A private country club offers to rent a residence on its property. Which of these
statements is true?
The club must NOT rent to its members.
The club may not act as a landlord.
The club may NOT give preference to its members.
The club may give preference to its members. Ans✓✓✓ The club may give
preference to its members.
A prospective tenant belongs to a protected class, so the landlord must
Steer them to a particular area.
Use a tester to confirm they are, in fact, part of the protected class.
ensure better treatment for this individual
treat the individual the same as all other prospective tenants. Ans✓✓✓ treat the
individual the same as all other prospective tenants.
A residential tenant may receive referral fees for referring prospective tenants to
rent in the same building. Compensation in a given year may not exceed
,$3,500 or two month's rent, whichever is less.
$1,500 or one month's rent, whichever is less.
$10,000 per year.
$5,000 or two month's rent, whichever is less. Ans✓✓✓ $5,000 or two month's
rent, whichever is less.
A right of possession for a fixed term that allows for automatic renewals for
additional terms is called
an estate for years.
a tenancy by the entireties.
an estate at will.
a periodic tenancy. Ans✓✓✓ a periodic tenancy
A tenant makes an oral offer to lease a house from an owner for two years. The
owner orally accepts the offer. Which of the following statements is true?
It is a unilateral contract.
The contract is a void contract.
The contract is unenforceable.
The contract is an illegal contract. Ans✓✓✓ The contract is unenforceable.
An African American prospect walks into a real estate office. The residential
leasing agent should
show the prospect apartments in a white neighborhood.
, show the prospect apartments in neighborhoods the agent chooses.
show the prospect apartments in a black neighborhood.
show the prospect apartments in neighborhoods the prospect chooses. Ans✓✓✓
show the prospect apartments in neighborhoods the prospect chooses.
An owner of a single-family house, owning less than three such houses, may sell
or rent without being subject to the provisions of the Fair Housing Act if he
does not use a broker and does not own other property.
uses a broker and owns 2 other properties.
uses a broker and does not own other property.
does not use a broker and owns 8 other properties. Ans✓✓✓ does not use a
broker and does not own other property.
An owner suddenly pulls a property off the market after being informed by the
agent that he had received a full-price offer from a minority party. The agent then
informs the offeror that the home has been removed from the market and is
unavailable. Which party or parties, if any, have violated fair housing laws?
The agent only
The owner only
The agent and the owner
Neither agent nor owner Ans✓✓✓ The agent and the owner
Complaints about discrimination may be brought
