LEASING EXAM QUESTIONS AND
ANSWERS
In0Illinois0for0over0250units,0a0tenant0is0entitled0to0interest0on0their0security0deposit0wa
s0held0for0how0many0months?0-06
Which0of0the0following0does0not0require0disclosure?
A.0Radon0B.0Felons0living0onsite0C.0Lead-based0paint0D.0Termites0-
0felons0living0onsite
What0was0the0date0of0the0first0civil0rights0act?0-01866
Is0it0permissable0to0refuse0to0rent0to0a0person0with0a0poor0credit0history?0-0yes
Who0is0acceptable0to0redline?0-0lending0institutions
Is0occupancy0standard0a0federal0law0or0guideline?0-0guideline
Directing0people,0especially0minorities,0toward0a0specific0neighborhood0is0called0what?
0-0steering
The0definition0of0familial0status0is0residents0over0the0age0of018.0True0or0False?0-0false
A0licensee0advertises0a0150year0old0building0as0new.0This0is0called0what?0-0fraud
A0blind0ad0means0an0ad0is?0-
0missing0key0information,0HAS0NOTHING0TO0DO0W0SIZE
Can0an0unliscensed0personal0assistant0can0sit0at0an0open0house0for0area0brokers?0-
0yes
When0can0a0tenant0claim0constructive0eviction?0-0when0it0is0uninhabitable
Where0is0the0leasing0agent's0original0license0kept?0-
0broker's0office0or0any0branch0office
, When0a0leasing0agent0offers0to0put0an0elderly0resident0in0a0quiet0building0with0others,0
what0is0this0called?0-0steering
A0leasing0agent0refuses0to0rent0a0third0floor0unit0to0a0disabled0resident0because0there0
are0no0elevators0in0the0building.0What0did0the0agent0violate?0-0fair0housing0laws
A0lease0with0an0indefinite0ending0date0is0called?0-0periodic0tenancy
The0Residential0Disclosure0Act0applies0to?0-0sellers0of040units0or0LESS
When0are0sponsor0cards0issued0and0who0issues0them?0-
0240hours0after0license;0issued0by0broker
Tenant0installed0a0new0light0fixture0in0the0dining0room.0What0kind0of0property0is0the0lig
ht0fixture?0-0real
An0owner0of0a0120unit0apartment0building0lives0onsite.0In0his0absense,0the0maintenenc
e0person0shows0vacant0apartments.0Is0this0acceptable?0Why0or0why0not?0-
0Yes,0the0OWNER0is0exempt0from0the0license
The0leasing0agent0license0shall0expire0on0July0310of?0-0even0numbered0years
Sponsoring0brokers0must0submit0the0450day0sponsor0card0to0IDFPR0within?0-
0240hours0of0employment
Leasing0agent0licensees0must0complete0how0many0hours0of0continuing0education0duri
ngthe0240month0period0prior0renewal?0-06
What0is0a0fund0used0by0IDFPR0to0reimburse0aggreieved0persons0who0suffer0a0loss0ba
sed0on0a0licensee's0actions?0-0Real0Estate0Recovery0Fund
The0Leasing0Agent0License0allows0the0licensee0to0engage0in?0-
0only0residential0leasing0activities
An0applicant0shall0not0practice0as0a0student0leasing0agent0_____________.0-
0more0than0once0in0a0240month0period
Which0is0TRUE0about0sponsor0cards?
A.0Sponsor0cards0are0only0issued0for0leasing0agents.
B.0All0sponsor0cards0must0be0displayed0on0the0wall0of0the0licensee's0office.
C.0It0is0a0temporary0450days0permit0isssued0by0the0sponsoring0broker
D.0It0is0a01800day0student0permit0-0C
How0many0times0may0a0person0take0the0state0leasing0exam0before0they0have0to0repe
at0the0course0again?0-040times0in040years
ANSWERS
In0Illinois0for0over0250units,0a0tenant0is0entitled0to0interest0on0their0security0deposit0wa
s0held0for0how0many0months?0-06
Which0of0the0following0does0not0require0disclosure?
A.0Radon0B.0Felons0living0onsite0C.0Lead-based0paint0D.0Termites0-
0felons0living0onsite
What0was0the0date0of0the0first0civil0rights0act?0-01866
Is0it0permissable0to0refuse0to0rent0to0a0person0with0a0poor0credit0history?0-0yes
Who0is0acceptable0to0redline?0-0lending0institutions
Is0occupancy0standard0a0federal0law0or0guideline?0-0guideline
Directing0people,0especially0minorities,0toward0a0specific0neighborhood0is0called0what?
0-0steering
The0definition0of0familial0status0is0residents0over0the0age0of018.0True0or0False?0-0false
A0licensee0advertises0a0150year0old0building0as0new.0This0is0called0what?0-0fraud
A0blind0ad0means0an0ad0is?0-
0missing0key0information,0HAS0NOTHING0TO0DO0W0SIZE
Can0an0unliscensed0personal0assistant0can0sit0at0an0open0house0for0area0brokers?0-
0yes
When0can0a0tenant0claim0constructive0eviction?0-0when0it0is0uninhabitable
Where0is0the0leasing0agent's0original0license0kept?0-
0broker's0office0or0any0branch0office
, When0a0leasing0agent0offers0to0put0an0elderly0resident0in0a0quiet0building0with0others,0
what0is0this0called?0-0steering
A0leasing0agent0refuses0to0rent0a0third0floor0unit0to0a0disabled0resident0because0there0
are0no0elevators0in0the0building.0What0did0the0agent0violate?0-0fair0housing0laws
A0lease0with0an0indefinite0ending0date0is0called?0-0periodic0tenancy
The0Residential0Disclosure0Act0applies0to?0-0sellers0of040units0or0LESS
When0are0sponsor0cards0issued0and0who0issues0them?0-
0240hours0after0license;0issued0by0broker
Tenant0installed0a0new0light0fixture0in0the0dining0room.0What0kind0of0property0is0the0lig
ht0fixture?0-0real
An0owner0of0a0120unit0apartment0building0lives0onsite.0In0his0absense,0the0maintenenc
e0person0shows0vacant0apartments.0Is0this0acceptable?0Why0or0why0not?0-
0Yes,0the0OWNER0is0exempt0from0the0license
The0leasing0agent0license0shall0expire0on0July0310of?0-0even0numbered0years
Sponsoring0brokers0must0submit0the0450day0sponsor0card0to0IDFPR0within?0-
0240hours0of0employment
Leasing0agent0licensees0must0complete0how0many0hours0of0continuing0education0duri
ngthe0240month0period0prior0renewal?0-06
What0is0a0fund0used0by0IDFPR0to0reimburse0aggreieved0persons0who0suffer0a0loss0ba
sed0on0a0licensee's0actions?0-0Real0Estate0Recovery0Fund
The0Leasing0Agent0License0allows0the0licensee0to0engage0in?0-
0only0residential0leasing0activities
An0applicant0shall0not0practice0as0a0student0leasing0agent0_____________.0-
0more0than0once0in0a0240month0period
Which0is0TRUE0about0sponsor0cards?
A.0Sponsor0cards0are0only0issued0for0leasing0agents.
B.0All0sponsor0cards0must0be0displayed0on0the0wall0of0the0licensee's0office.
C.0It0is0a0temporary0450days0permit0isssued0by0the0sponsoring0broker
D.0It0is0a01800day0student0permit0-0C
How0many0times0may0a0person0take0the0state0leasing0exam0before0they0have0to0repe
at0the0course0again?0-040times0in040years
