Our comprehensive study material is geared toward one thing: helping you pass the test the first time. To become a licensed real estate broker, you must pass the Illinois real estate broker exam. Pre-licensing and continuing education courses for Real Estate, Insurance, Mortgage, and Attorneys. The practice of inducing a person to lease or purchase by making representations about the ethnic makeup of the neighborhood or about a particular persons race living in that neighborhood is called? A contract that is spelled out and definitely agreed on, A contract assumed by the actions of the parties and MUST BE IN WRITING to be enforceable, A contract that has no legal force or effect although essential elements exist. Start practicing for your Illinois real estate license exam now by clicking the “start” button below to try out some sample questions. All license applicants must pass a real estate exam. A "bundle of rights" is another name for? 50 terms. If you purchased for someone other than yourself, please be sure to include their name … Can an unliscensed personal assistant can sit at an open house for area brokers? The refusal of a lending institution to make a residential real estate loan strictly because of the racial or ethnic composition of the neighborhood is called: 41. In Illinois, the Illinois Department of Financial and Professional Regulation Division of Real Estate governs real estate licenses. Which of the following statements might be considered a violation of the antitrust laws? This course is the first step on your journey to becoming a residential leasing agent! Lead based paint disclosure is required for residential homes in Illinois that were constructed prior to what year? An owner of a single family home restricts the rental of rooms in her home to women only. morgan_gurican. HOWEVER, studying the content outline from the testing service shows that this section only has 5 questions on the test. Both portions are comprised of multiple choice questions with four answer choices provided for each question. Residential Real Property Disclosure Act applies to how many units? I have also been working as a leasing agent in the … 45. You have remained in right site to begin getting this info. 47. Lead paint disclosure is required for properties built prior to? Tenant installed a new light fixture in the dining room. When a leasing agent sells their own home, what disclosure must take place? ... Illinois leasing agent practice exam. 16. Is occupancy standard a federal law or guideline? What did the agent violate? What is property that is not permanently attatched to the land? License (Leasing Agent… What type of zones allow you to change zones gradually? Login to apply. Which of the following criteria CANNOT be used in evaluating the prospect's application? A licensee selling their own home must include the following in their advertisement? Under what act must a landlord allow tenants to make reasonable modifications to an apartment? A young couple with a toddler and an infant want to lease an apartment in a complex that is occupied primarily by adults. The lease is not affected, it is transferred to a new owner. Leasing Agent license, an application must be completed and signed pursuant to . The tenant is entitled to make the necessary alterations. The legal tests of a fixture can include: adaptation: how does the item adapt to the real estate. A licensee is representing both landlord and tenant in the same transaction. A tenant has an estate for years. Yes, the OWNER is exempt from the license. It would be a violation of the antitrust laws for a broker to: a) charge one owner 7% while charging another 6%. What amendment to the Fair Housing Act aimed to include familial status & handicapped? D. Informing prospects of the ethnic makeup of the community. Exam. A. arranges for keys to be picked up for an open house. Complete and pass the real estate examination. In-person Daytime Leasing Agent Class. Brianna, I did order that Illinois book you linked to already. Read Book Illinois Leasing Agent License Practice Exam Illinois Leasing Agent License Practice Exam Thank you very much for reading illinois leasing agent license practice exam. This practice is: 6. Leasing License Exam. Of the total 30hrs., 15hrs. ... you may proceed with registering for your licensing exam by clicking *Register for this Exam* below. A lending institution requiring different rates and terms for minorities is an example of? Get Started. The owner accepted and signed the lease at 11 am on Wednesday. IDFPR issues three types of real estate licenses for individuals: (1) leasing agent … Some were saying only 50 cards out of 500 are useful for a broker exam. Where is the leasing agent's original license kept? You must have a high school diploma or equivalent. Phrases like "nice area for children" or "perfect for a large family" are? When can a tenant claim constructive eviction? It is legal to ask a potential renter which if the following questions. 30. License (Leasing Agent: $75) For brokers: … Fees: Examination Fees (Leasing Agent: $46). Illinois Administrative Code Title 68 Part 1450.220(a)(1). This course is offered in a comprehensive home-study program, no regular classroom course is offered. When a leasing agent offers to put an elderly resident in a quiet building with others, what is this called? 25. 10. How many protected classes does the federal level have? 344 terms. Proof of completion of 15 hrs Pre-License Education. For leasing agents: Proof of age 18 and above. How long do you have to file a complaint with HUD? In a lease an owner may hold a future interest in the property known as: 7. Generally, you can expect that your state real estate agent license exam will consist of 80-100 multiple-choice questions about general real estate concepts and 60-80 questions specific to state licensing laws. The amount of security deposit in a contract for the lease of real property is determined by: 20. if it is rejected; if it is changed; or if it is revoked before acceptance. Proof of completion of 15 hrs Pre-License Education. 21. 39. Which of the following would be true according to the Illinois License Act? I have also been working as a leasing agent in the city for the last two years so i was somewhat familiar with the regulations. The tenant, who is on a month-to-month lease, informs the landlord that he will be vacating the apartment in 30 days. I'm skeptical considering the title of the book gets the name of the exam wrong. An occurance on a property such as murder or suicide is an example of? The use of a religious phrase or symbol in an advertisement is? 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