P |a |g |e | | |
1
ILLINOIS LEASING AGENT PREP EXAM 2025-
2026 ACTUAL EXAM QUESTIONS AND 100%
CORRECT ANSWERS
The leasing agent license shall expire on July 31st of: - Correct-Answer-
| | | | | | | | | | |
even numbered years
| | |
Sponsoring brokers must submit the 45 day sponsor card to IDFPR
| | | | | | | | | |
within: - Correct-Answer-24 hours of employment
| | | | | |
Leasing agent licensees must complete how many hours of containing
| | | | | | | | |
education during the 24 month period prior renewal: - Correct-Answer-
| | | | | | | | | |
8 hours of continuing education
| | | | |
, P |a |g |e | | |
2
The real estate recovery fund is: - Correct-Answer-a fund at IDFPR to
| | | | | | | | | | |
reimburse persons who suffer loss due to a licensees actions.
| | | | | | | | | |
The general requirements for a residential leasing agent to obtain a
| | | | | | | | | |
license include: - Correct-Answer-applicant must be 18 years of age,
| | | | | | | | | |
must have a highschool diploma or GED, must have a sponsoring broker
| | | | | | | | | | | |
or firm.
| |
True or False; All licensed agents must be sponsored by a sponsored
| | | | | | | | | | |
broker or firm? - Correct-Answer-true
| | | | |
True or False; Leasing agents must be 21 years of age and only engage
| | | | | | | | | | | | |
in the sale of residential property? - Correct-Answer-false
| | | | | | | |
Disciplinary actions for leasing agents: - Correct-Answer-Shall conform
| | | | | | |
with disciplainary actions for licensed real estate brokers
| | | | | | | |
, P |a |g |e | | |
3
An applicant shall not practice as a student leasing agent
| | | | | | | | |
. - Correct-Answer-more than once in a 24 month | | | | | | | |
period.
|
Which of the following is 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 - Correct-Answer-c
| | | | | | |
The real estate recovery fund is maintained by IDFPR, who is eligible to
| | | | | | | | | | | |
collect damages from this account? - Correct-Answer-Any person who
| | | | | | | | |
suffered a loss based on a licensees conduct.
| | | | | | | |
How many times can a person take the state licensing exam before they
| | | | | | | | | | | |
have to repeat the course again? - Correct-Answer-4 times
| | | | | | | | |
1
ILLINOIS LEASING AGENT PREP EXAM 2025-
2026 ACTUAL EXAM QUESTIONS AND 100%
CORRECT ANSWERS
The leasing agent license shall expire on July 31st of: - Correct-Answer-
| | | | | | | | | | |
even numbered years
| | |
Sponsoring brokers must submit the 45 day sponsor card to IDFPR
| | | | | | | | | |
within: - Correct-Answer-24 hours of employment
| | | | | |
Leasing agent licensees must complete how many hours of containing
| | | | | | | | |
education during the 24 month period prior renewal: - Correct-Answer-
| | | | | | | | | |
8 hours of continuing education
| | | | |
, P |a |g |e | | |
2
The real estate recovery fund is: - Correct-Answer-a fund at IDFPR to
| | | | | | | | | | |
reimburse persons who suffer loss due to a licensees actions.
| | | | | | | | | |
The general requirements for a residential leasing agent to obtain a
| | | | | | | | | |
license include: - Correct-Answer-applicant must be 18 years of age,
| | | | | | | | | |
must have a highschool diploma or GED, must have a sponsoring broker
| | | | | | | | | | | |
or firm.
| |
True or False; All licensed agents must be sponsored by a sponsored
| | | | | | | | | | |
broker or firm? - Correct-Answer-true
| | | | |
True or False; Leasing agents must be 21 years of age and only engage
| | | | | | | | | | | | |
in the sale of residential property? - Correct-Answer-false
| | | | | | | |
Disciplinary actions for leasing agents: - Correct-Answer-Shall conform
| | | | | | |
with disciplainary actions for licensed real estate brokers
| | | | | | | |
, P |a |g |e | | |
3
An applicant shall not practice as a student leasing agent
| | | | | | | | |
. - Correct-Answer-more than once in a 24 month | | | | | | | |
period.
|
Which of the following is 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 - Correct-Answer-c
| | | | | | |
The real estate recovery fund is maintained by IDFPR, who is eligible to
| | | | | | | | | | | |
collect damages from this account? - Correct-Answer-Any person who
| | | | | | | | |
suffered a loss based on a licensees conduct.
| | | | | | | |
How many times can a person take the state licensing exam before they
| | | | | | | | | | | |
have to repeat the course again? - Correct-Answer-4 times
| | | | | | | | |
