Illinois Real Estate Exam 2026 Questions
and Answers
In Illinois, the real estate license law is administered by the...? - Correct answer-
IDFPR (Bureau of Real Estate Professions)
How are the nine members of the Real Estate Administration and Disciplinary
Board Selected? - Correct answer-By the governor
What is the name given to the Illinois license laws under which brokers and
salespeople practice? - Correct answer-Real Estate License Act of 2000
After May 1, 2011, the new license categories are: - Correct answer-Managing
Broker and Broker
After April 30, 2012, as an alternative to passing the proficiency exam given by
AMP, what are the requirements for converting a salesperson's license to a broker
license? - Correct answer-30 hours of post-licensure education, as defined by
administrative rule.
In Illinois, sponsor cards are good for: - Correct answer-45 days
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,What are the requirements for a newly licensed broker effective May 1, 2011? -
Correct answer-90 hours of pre-license coursework including 15 hours of
situational offerings
After May 1, 2011, what must a broker do to convert a managing broker license? -
Correct answer-Complete 45 hours of post-license education
When do real estate brokers' licenses expire in Illinois? - Correct answer-April 30
of every odd-numbered year
To renew a license in Illinois, brokers must..? - Correct answer-Have completed 12
hours of continuing education in the last two years and pay the current fee.
Licensees who allow their licenses to expire have how long to reinstate their
licenses? - Correct answer-Up to two years; then licensees must start over
What procedures must be followed to obtain a license that has been expired for
more than two years? - Correct answer-Meet the requirements for a new license,
including all pre-license education and passing the exam
Three weeks before N begins his real estate pre-license class, he offers to help his
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
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
,commission. Can N sue to recover payment? - Correct answer-No. State law
prohibits lawsuits filed to collect commissions unless filed by a licensed broker -
one with a license in effect before the agreement was reached.
Which of the following conditions is NOT required to grant a nonresident broker's
license in Illinois? - Correct answer-The broker has been active in the real estate
business in her own state for one year prior to application.
The resident property manager for Acme Apartments is responsible for negotiating
leases for the apartment. In this position, the resident manager: - Correct answer-Is
exempt from the licensing requirements.
After failing the Illinois licensing exam three times, what does a candidate have to
do to get three more tries? - Correct answer-Complete the entire education
requirement again.
When terminating a sponsorship, the sponsoring broker must return the signed
license to the DPR within - Correct answer-Two business days by signature
restricted mail delivery.
A leasing agent license requires how many hours of classroom time? - Correct
answer-15 hours
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, In order to practice real estate, Illinois requires new licensees to have which of the
following in their possession? - Correct answer-A 45-day sponsor card, then a
pocket card later
An agent is terminated by 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? -
Correct answer-Inoperative
Performing which of the following activities requires a real estate license? -
Correct answer-Negotiating Lease Terms
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? - Correct answer-Get a real estate license
Proof of continuing education is required every - Correct answer-Two years
Of the following, who is required to hold an Illinois real estate license? - Correct
answer-A person who represents clients in the negotiation of a real estate contract
for a flat fee.
All compensation earned by a licensee must be paid: - Correct answer-Through the
licensee's sponsoring broker
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
and Answers
In Illinois, the real estate license law is administered by the...? - Correct answer-
IDFPR (Bureau of Real Estate Professions)
How are the nine members of the Real Estate Administration and Disciplinary
Board Selected? - Correct answer-By the governor
What is the name given to the Illinois license laws under which brokers and
salespeople practice? - Correct answer-Real Estate License Act of 2000
After May 1, 2011, the new license categories are: - Correct answer-Managing
Broker and Broker
After April 30, 2012, as an alternative to passing the proficiency exam given by
AMP, what are the requirements for converting a salesperson's license to a broker
license? - Correct answer-30 hours of post-licensure education, as defined by
administrative rule.
In Illinois, sponsor cards are good for: - Correct answer-45 days
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,What are the requirements for a newly licensed broker effective May 1, 2011? -
Correct answer-90 hours of pre-license coursework including 15 hours of
situational offerings
After May 1, 2011, what must a broker do to convert a managing broker license? -
Correct answer-Complete 45 hours of post-license education
When do real estate brokers' licenses expire in Illinois? - Correct answer-April 30
of every odd-numbered year
To renew a license in Illinois, brokers must..? - Correct answer-Have completed 12
hours of continuing education in the last two years and pay the current fee.
Licensees who allow their licenses to expire have how long to reinstate their
licenses? - Correct answer-Up to two years; then licensees must start over
What procedures must be followed to obtain a license that has been expired for
more than two years? - Correct answer-Meet the requirements for a new license,
including all pre-license education and passing the exam
Three weeks before N begins his real estate pre-license class, he offers to help his
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
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
,commission. Can N sue to recover payment? - Correct answer-No. State law
prohibits lawsuits filed to collect commissions unless filed by a licensed broker -
one with a license in effect before the agreement was reached.
Which of the following conditions is NOT required to grant a nonresident broker's
license in Illinois? - Correct answer-The broker has been active in the real estate
business in her own state for one year prior to application.
The resident property manager for Acme Apartments is responsible for negotiating
leases for the apartment. In this position, the resident manager: - Correct answer-Is
exempt from the licensing requirements.
After failing the Illinois licensing exam three times, what does a candidate have to
do to get three more tries? - Correct answer-Complete the entire education
requirement again.
When terminating a sponsorship, the sponsoring broker must return the signed
license to the DPR within - Correct answer-Two business days by signature
restricted mail delivery.
A leasing agent license requires how many hours of classroom time? - Correct
answer-15 hours
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, In order to practice real estate, Illinois requires new licensees to have which of the
following in their possession? - Correct answer-A 45-day sponsor card, then a
pocket card later
An agent is terminated by 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? -
Correct answer-Inoperative
Performing which of the following activities requires a real estate license? -
Correct answer-Negotiating Lease Terms
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? - Correct answer-Get a real estate license
Proof of continuing education is required every - Correct answer-Two years
Of the following, who is required to hold an Illinois real estate license? - Correct
answer-A person who represents clients in the negotiation of a real estate contract
for a flat fee.
All compensation earned by a licensee must be paid: - Correct answer-Through the
licensee's sponsoring broker
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
