12/3/25, 9:06 AM Illinois Leasing agent exam prep fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solv…
Illinois Leasing agent exam prep fully solved &
updated 2025-2026(latest version verified for
accuracy) (Questions + Answers) Solved 100%
Correct!!
Save
Terms in this set (134)
the leasing agent license even numbered years
shall expire on July 31st of:
sponsoring brokers must 24 hours of employment
submit the 45 day sponsor
card to IDFPR within:
leasing agent licensees 8 hours of continuing education
must complete how many
hours of containing
education during the 24
month period prior
renewal:
The real estate recovery a fund at IDFPR to reimburse persons who suffer loss
fund is: due to a licensees actions.
The general requirements applicant must be 18 years of age, must have a
for a residential leasing highschool diploma or GED, must have a sponsoring
agent to obtain a license broker or firm.
include:
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 1/17
,12/3/25, 9:06 AM Illinois Leasing agent exam prep fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solv…
True or False; All licensed true
agents must be sponsored
by a sponsored broker or
firm?
True or False; Leasing false
agents must be 21 years of
age and only engage in
the sale of residential
property?
Disciplinary actions for Shall conform with disciplainary actions for licensed
leasing agents: real estate brokers
An applicant shall not more than once in a 24 month period.
practice as a student
leasing agent _____________.
Which of the following is c
true about sponsor cards?
a-sponsor cards are only
issued for residential
leasing agents
b-all sponsor cards are
issued by IDFPR
c- It is a temporary 45 day
permit issued by the
sponsoring broker
d-it is a 180day student
permit
The real estate recovery Any person who suffered a loss based on a licensees
fund is maintained by conduct.
IDFPR, who is eligible to
collect damages from this
account?
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 2/17
, 12/3/25, 9:06 AM Illinois Leasing agent exam prep fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solv…
How many times can a 4 times
person take the state
licensing exam before
they have to repeat the
course again?
the IDFPR requires escrow 5 years
records to be maintained
by the sponsoring broker:
When must escrow money No later than the next business day following the
be deposited by the transaction.
sponsoring broker?
Where is the original In the sponsoring brokers principal office
license for a leasing agent
kept?
Mary is sponsoring broker, All sponsored licensees immediately go into inactive
she was found guilty of a status.
license act violation. Her
license was suspended.
What is the status of the
licenses that were
sponsored by Mary?
An advertisement for rental property with the
Which of the following is
brokerage company name and phone number listed
not a blind ad?
on the ad.
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 3/17
Illinois Leasing agent exam prep fully solved &
updated 2025-2026(latest version verified for
accuracy) (Questions + Answers) Solved 100%
Correct!!
Save
Terms in this set (134)
the leasing agent license even numbered years
shall expire on July 31st of:
sponsoring brokers must 24 hours of employment
submit the 45 day sponsor
card to IDFPR within:
leasing agent licensees 8 hours of continuing education
must complete how many
hours of containing
education during the 24
month period prior
renewal:
The real estate recovery a fund at IDFPR to reimburse persons who suffer loss
fund is: due to a licensees actions.
The general requirements applicant must be 18 years of age, must have a
for a residential leasing highschool diploma or GED, must have a sponsoring
agent to obtain a license broker or firm.
include:
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 1/17
,12/3/25, 9:06 AM Illinois Leasing agent exam prep fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solv…
True or False; All licensed true
agents must be sponsored
by a sponsored broker or
firm?
True or False; Leasing false
agents must be 21 years of
age and only engage in
the sale of residential
property?
Disciplinary actions for Shall conform with disciplainary actions for licensed
leasing agents: real estate brokers
An applicant shall not more than once in a 24 month period.
practice as a student
leasing agent _____________.
Which of the following is c
true about sponsor cards?
a-sponsor cards are only
issued for residential
leasing agents
b-all sponsor cards are
issued by IDFPR
c- It is a temporary 45 day
permit issued by the
sponsoring broker
d-it is a 180day student
permit
The real estate recovery Any person who suffered a loss based on a licensees
fund is maintained by conduct.
IDFPR, who is eligible to
collect damages from this
account?
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 2/17
, 12/3/25, 9:06 AM Illinois Leasing agent exam prep fully solved & updated 2025-2026(latest version verified for accuracy) (Questions + Answers) Solv…
How many times can a 4 times
person take the state
licensing exam before
they have to repeat the
course again?
the IDFPR requires escrow 5 years
records to be maintained
by the sponsoring broker:
When must escrow money No later than the next business day following the
be deposited by the transaction.
sponsoring broker?
Where is the original In the sponsoring brokers principal office
license for a leasing agent
kept?
Mary is sponsoring broker, All sponsored licensees immediately go into inactive
she was found guilty of a status.
license act violation. Her
license was suspended.
What is the status of the
licenses that were
sponsored by Mary?
An advertisement for rental property with the
Which of the following is
brokerage company name and phone number listed
not a blind ad?
on the ad.
https://quizlet.com/1116376899/illinois-leasing-agent-exam-prep-fully-solved-updated-2025-2026latest-version-verified-for-accuracy-questions-answe… 3/17
