EVALUATION EXAMS 2026 QUESTIONS AND
SOLUTIONS GRADED A+
● sponsoring brokers must submit the 45 day sponsor card to IDFPR
within: Answer: 24 hours of employment
● leasing agent licensees must complete how many hours of containing
education during the 24 month period prior renewal: Answer: 8 hours of
continuing education
● The real estate recovery fund is: 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: 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? Answer: true
,● True or False; Leasing agents must be 21 years of age and only engage
in the sale of residential property? Answer: false
● Disciplinary actions for leasing agents: Answer: Shall conform with
disciplainary actions for licensed real estate brokers
● An applicant shall not practice as a student leasing agent
_____________. 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 Answer: c
● The real estate recovery fund is maintained by IDFPR, who is eligible
to collect damages from this account? 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? Answer: 4 times
● the IDFPR requires escrow records to be maintained by the sponsoring
broker: Answer: 5 years
, ● When must escrow money be deposited by the sponsoring broker?
Answer: No later than the next business day following the transaction.
● Where is the original license for a leasing agent kept? Answer: In the
sponsoring brokers principal office
● Mary is sponsoring broker, she was found guilty of a license act
violation. Her license was suspended. What is the status of the licenses
that were sponsored by Mary? Answer: All sponsored licensees
immediately go into inactive status.
● Which of the following is not a blind ad? Answer: An advertisement
for rental property with the brokerage company name and phone number
listed on the ad.
● A licensee seeking an apartment encountered discrimination based on
his age. Which one of the following statements is correct regarding the
real estate recovery fund?
a- the licensee may not file a complaint with IDFPR because of the real
estate recovery fund is for members of the general public and not
licensees.
b- the licensee may not file a complaint because there is no witness to
the discrimination when the licensee claims that discrimination took
place