ILLINOIS LEASING AGENT PRACTICE
EXAM
1.0The0lease0contract0stated0that0the0renters0would0bring0in0the0security0deposit0within
0five0days.0It0is0now0the0sixth0day0and0the0renters0have0not0brought0in0the0money.0Thi
s0is0legally0referred0to0as:0-0Breach
2.0In0dealing0with0the0public,0a0licensee:0-
0may0keep0silent0about0a0material0fact0concerning0the0property0if0the0client0is0the0own
er.0d)0may0negotiate0different0commissions0with0different0owners.
3.0Escrow0monies:0-0could0include0security0deposits0as0well0as0earnest0money.
4.0An0offer0may0be0terminated:0-
0if0it0is0rejected;0if0it0is0changed;0or0if0it0is0revoked0before0acceptance.
A0property0management0company0runs0a0complex0of0several0buildings,0all0belonging0t
o0the0same0owner0and0on0the0same0parcel0of0land.0At0the0owner's0request,0the0mana
ger0has0made0apartments0available0to0families0with0children0in0just0two0of0the0building
s.0This0practice0is:0-0Steering
6.0In0a0lease0an0owner0may0hold0a0future0interest0in0the0property0known0as:0-
0Reversion0are0interest
7.0Which0of0the0following0would0be0considered0a0dual0agency?0-
0A0licensee0is0representing0both0landlord0and0tenant0in0the0same0transaction.
8.0To0be0enforced,0the0Statute0of0Frauds0requires0that0all0contracts0for0the0sale0or0lea
se0of0real0estate0be:0-0In0writing
9.0A0young0couple0with0a0toddler0and0an0infant0want0to0lease0an0apartment0in0a0comp
lex0that0is0occupied0primarily0by0adults.0The0rental0agent0shows0the0couple0apartment
s0only0on0the0first0floor.0Which0of0the0following0is0true?0-
0The0rental0agent0should0have0inquired0about0the0couple's0preference0for0apartments.
10.0On0Tuesday,0the0agent0received0an0offer0and0a0check0for0security0deposit0from0a0
renter.0The0owner0accepted0and0signed0the0lease0at0110am0on0Wednesday.0The0agen
, t0must:0-
0deposit0the0money0in0his0escrow0account0by0the0close0of0business0on0Thursday.
11.0The0primary0requirement0of0a0contract0would0be:0-0Offer0and0acceptance
12.0Because0of0the0complexity0of0laws0that0affect0real0estate0today,0a0property0manag
er0should0be0familiar0with0all0of0the0following0EXCEPT:0-0the0"Blue-Sky"0laws.
13.0If0a0complaint0goes0to0the0federal0courts0based0on0the0Civil0Rights0Act0of01866,0th
e0complaint0would0be0that0there0was0discrimination0based0on:0-0Race
14.0When0a0tenant,0who0has0a0written0lease0with0the0owner,0sublets0all0or0any0part0of
0the0premises:0-
0the0original0lease0is0unaffected0unless0it0contains0a0provision0that0prohibits0such0subl
etting.
15.0Which0of0the0following0people0may0discriminate0on0the0basis0of0race?0-0No0one
16.0It0would0be0a0violation0of0the0antitrust0laws0for0a0broker0to:0a)0charge0one0owner07
%0while0charging0another06%.0-0agree0to0a0minimum0commission0with0other0brokers
17.0The0building0leases0prohibit0tenants0from0altering0the0property0in0any0way.0One0te
nant0is0now0confined0to0a0wheelchair,0and0cannot0maneuver0over0the0doorstep0into0th
e0apartment0by0herself.0Nor0can0she0use0the0bathroom0facilities0in0her0wheelchair.0Wh
ich0of0the0following0is0true?0-0The0tenant0is0entitled0to0make0the0necessary0alterations.
18.0Which0of0the0following0is0illegal?0-
0Refusing0to0hire0an0otherwise0qualified0person0because0a0disability0will0necessitate0o
ccasional0time0off0work.
19.0The0amount0of0security0deposit0in0a0contract0for0the0lease0of0real0property0is0deter
mined0by:0-0Agreement0of0the0parties.
20.0Broker0Doug0has0an0office0in0Chicago.0A0licensee0with0Broker0Doug0is0the0design
ated0agent0of0the0owner.0Another0licensee0with0Broker0Doug0is0the0designated0agent0
of0the0renter.0Which0of0the0following0statements0is0true?0-
0In0Illinois,0this0situation0avoids0dual0agency0for0the0broker.
21.0A0licensed0agent0selling0or0leasing0his0own0home0without0using0his0broker's0servic
es0may0discriminate0on0the0basis0of:0-0Non0of0the0above
22.0A0woman0advertises0a02-bedroom0apartment0for0rent0in0her06-
unit0building0in0Chicago,0stipulating0"Adults0Only."0She0is0in0violation0of:0-
0the0Illinois0Human0Rights0Act.
EXAM
1.0The0lease0contract0stated0that0the0renters0would0bring0in0the0security0deposit0within
0five0days.0It0is0now0the0sixth0day0and0the0renters0have0not0brought0in0the0money.0Thi
s0is0legally0referred0to0as:0-0Breach
2.0In0dealing0with0the0public,0a0licensee:0-
0may0keep0silent0about0a0material0fact0concerning0the0property0if0the0client0is0the0own
er.0d)0may0negotiate0different0commissions0with0different0owners.
3.0Escrow0monies:0-0could0include0security0deposits0as0well0as0earnest0money.
4.0An0offer0may0be0terminated:0-
0if0it0is0rejected;0if0it0is0changed;0or0if0it0is0revoked0before0acceptance.
A0property0management0company0runs0a0complex0of0several0buildings,0all0belonging0t
o0the0same0owner0and0on0the0same0parcel0of0land.0At0the0owner's0request,0the0mana
ger0has0made0apartments0available0to0families0with0children0in0just0two0of0the0building
s.0This0practice0is:0-0Steering
6.0In0a0lease0an0owner0may0hold0a0future0interest0in0the0property0known0as:0-
0Reversion0are0interest
7.0Which0of0the0following0would0be0considered0a0dual0agency?0-
0A0licensee0is0representing0both0landlord0and0tenant0in0the0same0transaction.
8.0To0be0enforced,0the0Statute0of0Frauds0requires0that0all0contracts0for0the0sale0or0lea
se0of0real0estate0be:0-0In0writing
9.0A0young0couple0with0a0toddler0and0an0infant0want0to0lease0an0apartment0in0a0comp
lex0that0is0occupied0primarily0by0adults.0The0rental0agent0shows0the0couple0apartment
s0only0on0the0first0floor.0Which0of0the0following0is0true?0-
0The0rental0agent0should0have0inquired0about0the0couple's0preference0for0apartments.
10.0On0Tuesday,0the0agent0received0an0offer0and0a0check0for0security0deposit0from0a0
renter.0The0owner0accepted0and0signed0the0lease0at0110am0on0Wednesday.0The0agen
, t0must:0-
0deposit0the0money0in0his0escrow0account0by0the0close0of0business0on0Thursday.
11.0The0primary0requirement0of0a0contract0would0be:0-0Offer0and0acceptance
12.0Because0of0the0complexity0of0laws0that0affect0real0estate0today,0a0property0manag
er0should0be0familiar0with0all0of0the0following0EXCEPT:0-0the0"Blue-Sky"0laws.
13.0If0a0complaint0goes0to0the0federal0courts0based0on0the0Civil0Rights0Act0of01866,0th
e0complaint0would0be0that0there0was0discrimination0based0on:0-0Race
14.0When0a0tenant,0who0has0a0written0lease0with0the0owner,0sublets0all0or0any0part0of
0the0premises:0-
0the0original0lease0is0unaffected0unless0it0contains0a0provision0that0prohibits0such0subl
etting.
15.0Which0of0the0following0people0may0discriminate0on0the0basis0of0race?0-0No0one
16.0It0would0be0a0violation0of0the0antitrust0laws0for0a0broker0to:0a)0charge0one0owner07
%0while0charging0another06%.0-0agree0to0a0minimum0commission0with0other0brokers
17.0The0building0leases0prohibit0tenants0from0altering0the0property0in0any0way.0One0te
nant0is0now0confined0to0a0wheelchair,0and0cannot0maneuver0over0the0doorstep0into0th
e0apartment0by0herself.0Nor0can0she0use0the0bathroom0facilities0in0her0wheelchair.0Wh
ich0of0the0following0is0true?0-0The0tenant0is0entitled0to0make0the0necessary0alterations.
18.0Which0of0the0following0is0illegal?0-
0Refusing0to0hire0an0otherwise0qualified0person0because0a0disability0will0necessitate0o
ccasional0time0off0work.
19.0The0amount0of0security0deposit0in0a0contract0for0the0lease0of0real0property0is0deter
mined0by:0-0Agreement0of0the0parties.
20.0Broker0Doug0has0an0office0in0Chicago.0A0licensee0with0Broker0Doug0is0the0design
ated0agent0of0the0owner.0Another0licensee0with0Broker0Doug0is0the0designated0agent0
of0the0renter.0Which0of0the0following0statements0is0true?0-
0In0Illinois,0this0situation0avoids0dual0agency0for0the0broker.
21.0A0licensed0agent0selling0or0leasing0his0own0home0without0using0his0broker's0servic
es0may0discriminate0on0the0basis0of:0-0Non0of0the0above
22.0A0woman0advertises0a02-bedroom0apartment0for0rent0in0her06-
unit0building0in0Chicago,0stipulating0"Adults0Only."0She0is0in0violation0of:0-
0the0Illinois0Human0Rights0Act.
