Illinois Real Estate Exam / Questions with Correct
Answers, A+ Score Solutions.
Terms in this set (260)
In Illinois, the real estate IDFPR (Bureau of Real Estate Professions)
license law is administered
by the...?
How are the nineBy the governor members
of the Real Estate Administration and
Disciplinary Board Selected?
What is the name given to Real Estate License Act of 2000
the Illinois license laws
under which brokers and
salespeople practice?
After May 1, 2011, the new Managing Broker and Broker
license categories are:
After April 30, 2012, as an 30 hours of post-licensure education, as defined by administrative
alternative to passing the rule.
proficiency exam given by
AMP, what are the
requirements for converting
a salesperson's license to a
broker license?
45 days
In Illinois, sponsor cards are
good for:
,What are the requirements 90 hours of pre-license coursework including 15 hours of
for a newly licensed broker situational offerings
effective May 1, 2011?
After May 1, 2011, what Complete 45 hours of post-license education
must a broker do to
convert a managing
broker license?
When do real estate April 30 of every odd-numbered year
brokers' licenses expire in
Illinois?
To renew a license in Have completed 12 hours of continuing education in the last
Illinois, brokers must..? two years and pay the current fee.
Licensees who allow their Up to two years; then licensees must start over
licenses to expire have how
long to reinstate their
licenses?
Meet the requirements for a new license, including all pre-license
What procedures must be education and passing the exam
followed to obtain a license
that has been expired for
more than two years?
,Three weeks before N begins No. State law prohibits lawsuits filed to collect commissions
his real estate prelicense unless filed by a licensed broker - one with a license in effect
class, he offers to help his before the agreement was reached.
neighbor sell her house. The
neighbor agrees to pay N a
5% commission. An offer is
accepted while N is taking
the class and closes the day
after N passes the exam and
receives his salesperson
license. The neighbor refuses
to pay N the agreed
commission. Can N sue to
recover payment?
Which of the following The broker has been active in the real estate business in her
conditions is NOT required to own state for one year prior to application.
grant a nonresident broker's
license in Illinois?
The resident property Is exempt from the licensing requirements.
manager for Acme
Apartments is responsible
for negotiating leases for the
apartment. In this position,
the resident manager:
Complete the entire education requirement again.
After failing the Illinois
licensing exam three
times, what does a
candidate have to do to
get three more tries?
, When terminating a Two business days by signature restricted mail delivery.
sponsorship, the
sponsoring broker must
return the signed license to
the DPR within
A leasing agent license 15 hours
requires how many hours of
classroom time?
In order to practice real A 45-day sponsor card, then a pocket card later
estate, Illinois requires
new licensees to have
which of the following in
their possession?
An agent is terminated by Inoperative
his broker for failure to pay
the office bill. While the
agent is looking for a new
office, he is considered to
have what kind of license?
Performing which of the Negotiating Lease Terms
following activities requires
a real estate license?
Get a real estate license
J was really good at locating
temporary housing for
friends. They have
encouraged her to start a
small home business
assisting people who are
looking to rent. What is the
first thing she should do?
Answers, A+ Score Solutions.
Terms in this set (260)
In Illinois, the real estate IDFPR (Bureau of Real Estate Professions)
license law is administered
by the...?
How are the nineBy the governor members
of the Real Estate Administration and
Disciplinary Board Selected?
What is the name given to Real Estate License Act of 2000
the Illinois license laws
under which brokers and
salespeople practice?
After May 1, 2011, the new Managing Broker and Broker
license categories are:
After April 30, 2012, as an 30 hours of post-licensure education, as defined by administrative
alternative to passing the rule.
proficiency exam given by
AMP, what are the
requirements for converting
a salesperson's license to a
broker license?
45 days
In Illinois, sponsor cards are
good for:
,What are the requirements 90 hours of pre-license coursework including 15 hours of
for a newly licensed broker situational offerings
effective May 1, 2011?
After May 1, 2011, what Complete 45 hours of post-license education
must a broker do to
convert a managing
broker license?
When do real estate April 30 of every odd-numbered year
brokers' licenses expire in
Illinois?
To renew a license in Have completed 12 hours of continuing education in the last
Illinois, brokers must..? two years and pay the current fee.
Licensees who allow their Up to two years; then licensees must start over
licenses to expire have how
long to reinstate their
licenses?
Meet the requirements for a new license, including all pre-license
What procedures must be education and passing the exam
followed to obtain a license
that has been expired for
more than two years?
,Three weeks before N begins No. State law prohibits lawsuits filed to collect commissions
his real estate prelicense unless filed by a licensed broker - one with a license in effect
class, he offers to help his before the agreement was reached.
neighbor sell her house. The
neighbor agrees to pay N a
5% commission. An offer is
accepted while N is taking
the class and closes the day
after N passes the exam and
receives his salesperson
license. The neighbor refuses
to pay N the agreed
commission. Can N sue to
recover payment?
Which of the following The broker has been active in the real estate business in her
conditions is NOT required to own state for one year prior to application.
grant a nonresident broker's
license in Illinois?
The resident property Is exempt from the licensing requirements.
manager for Acme
Apartments is responsible
for negotiating leases for the
apartment. In this position,
the resident manager:
Complete the entire education requirement again.
After failing the Illinois
licensing exam three
times, what does a
candidate have to do to
get three more tries?
, When terminating a Two business days by signature restricted mail delivery.
sponsorship, the
sponsoring broker must
return the signed license to
the DPR within
A leasing agent license 15 hours
requires how many hours of
classroom time?
In order to practice real A 45-day sponsor card, then a pocket card later
estate, Illinois requires
new licensees to have
which of the following in
their possession?
An agent is terminated by Inoperative
his broker for failure to pay
the office bill. While the
agent is looking for a new
office, he is considered to
have what kind of license?
Performing which of the Negotiating Lease Terms
following activities requires
a real estate license?
Get a real estate license
J was really good at locating
temporary housing for
friends. They have
encouraged her to start a
small home business
assisting people who are
looking to rent. What is the
first thing she should do?
