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Exam (elaborations)

Leasing test questions with verified answers

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Leasing test questions with verified answers

Institution
Illinois Leasing Agent
Course
Illinois Leasing Agent











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Institution
Illinois Leasing Agent
Course
Illinois Leasing Agent

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Uploaded on
April 5, 2025
Number of pages
39
Written in
2024/2025
Type
Exam (elaborations)
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Leasing test questions with verified answers
1. The leasing agent license shall expire on July 31 of:
a) Even numbered years
b) Odd numbered years
c) Each year
d) Every three years Ans✓✓✓ A


2An owner of a six-unit apartment building had a fair housing complaint filed
against him because he would not lease to a 20-year- old pregnant female. If the
owner is found guilty of discrimination, which of the following Acts would the
owner be in violation of?
a. Fair Housing Act of 1968
b. Fair Housing Amendment Act of 1988
c. Housing and Community Development Act of 1974
d. Rehabilitation Act of 1973 Ans✓✓✓ B


A "bundle of rights" is another name for:
a. Personal property
b. A lease agreement
c. Real property
d. A cancellation agreement Ans✓✓✓ C


A blind ad refers to:
a) Ads printed in small, local newspapers
b) Inconspicuous ads

,c) Using only small font
d) Using only a street address or telephone number Ans✓✓✓ d


A contract between an adult and a minor is usually:
a. Voidable by the minor
b. Voidable by the adult
c. Voidable by either party
d. Void Ans✓✓✓ A


A contract entered into between a competent adult and a minor is:
a. Void
b. Valid
c. Voidable by either party
d. Voidable by the minor Ans✓✓✓ d


A fiduciary is:
a. The tenant
b. One who holds a position of trust
c. A type of escrow account
d. The seller Ans✓✓✓ B


A holdover tenant is one who:
a. Moves out of the unit because there is no hear
b. Acknowledges there is lead-based paint in the unit

,c. Refuses to adhere to quiet enjoyment
d. Continues to occupy the unit after the lease has expired without the landlord's
written consent Ans✓✓✓ d


A housing provider has a person with a disability who constantly plays loud music
and is disturbing other residents. Many notices have been sent to the resident
indicating they are in violation of the rules and regulations for the property. Can a
person with a disability be evicted?
a. No, different rules apply to people with disabilities
b. No, persons with disabilities are protected and may not be evicted
c. Yes, but you must notify them verbally
d. Yes, they may be evicted, as long as you are not evicting them because of their
disability Ans✓✓✓ d


A landlord of a multi-unit complex places an advertisement for a two-bedroom
unit for rent. The building does not have an elevator so the landlord states that
the unit is not suitable for the disabled. The landlord has had other disabled
people in the past who have had difficulties navigating the stairs. By placing this
ad, the landlord has:
a. Protected other individuals from the potentially of having problems with the
stairs
b. Not violated the Fair Housing Act because it is a safety issue
c. Violated ADA and the Fair Housing Act by discriminating against the disabled
d. Violated EPA standards Ans✓✓✓ C


A leasing agent is changing employment and has provided notice to the current
sponsoring broker. When the current broker returns the license to the licensee,
what is the status of that license?

, a) Expired
b) Active
c) InACTIVE
d)Terminated Ans✓✓✓ C


A leasing agent refers all minority renters to a property located on the other side
of town. This is an example of:
a. Pre-qualifying
b. Blockbusting
c. Redlining
d. Steering Ans✓✓✓ d


A leasing agent refuses to rent a third-floor apartment to a disabled person
because the agent feels the prospect would not be able to exit the apartment if a
fire occurred. There are no elevators in the building. The leasing agent:
a. Did nothing wrong because he/she was concerned for the prospect's safety
b. Has violated fair housing laws
c. Has violated the Civil Rights Act of 1866
d. Did nothing wrong because disclosure is required for any defects in the building
Ans✓✓✓ B


A leasing agent typically places individuals with disabilities in first floor units
because that is where the accessible units are located. If the agent does not allow
a person to live on other floors, this would be called:
a. Panic Pedaling
b. Steering

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