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ILLINOIS LEASING AGENT LICENSE
EXAM (3 LATEST VERSIONS) 2025
FEATURING ACCURATE AND
VERIFIED QUESTIONS
Mary, a sponsoring broker was found to be guilty of a
license act violation. Her license was suspended.
What is the status of the licenses that were sponsored
by Mary?
A) All licenses sponsored by Mary will be
suspended
B)The sponsored licensees can appeal to IDFPR for
a 15-day extension
C) All sponsored licenses immediately go into
inactive status
D) Mary's suspended license does not affect
the other licenses she sponsored - answerC) All
sponsored licenses immediately go into inactive
status
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Which of the following is NOT a blind ad?
A) A large display ad promoting available
apartments with the agent's name and contact
number
B) An advertisement for rental property with the
brokerage company name and phone number
C) An inconspicuous ad in a local newspaper placed
by a small apartment complex
D) A medium size advertisement placed by the
sponsoring broker with his phone number - answerB)
An advertisement for rental property with the
brokerage company name and phone number
The leasing agent license shall expire on July 31st of a)
Even numbered years
b) Odd numbered years
c) Each year
d) Every three years - answerA) Even numbered years
Sponsoring brokers must submit the 45 day sponsor card to IDFPR
within:
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a) 12 hours of employment
b) 24 hours of employment
c) 36 hours of employment
d) 48 hours of employment - answerB) 24 hours of employment
Leasing Agent licensees must complete how many hours of
continuing education during the 24 month period prior renewal: a)
12 hours of continuing education
b) 15 hours of continuing education
c) 3 hours of continuing education
d) 8 hours of continuing education - answerD) 8 hours of
continuing education
The Real Estate Recovery Fund is
a) A fund maintained by the broker for licensee violations
b) A fund at IDFPR to reimburse persons who suffer loss due to
licensee's actions
c) A fund that every sponsoring broker is required to keep in case
of violations
d) A fund at the local Realtor Association to discipline licensees -
answerB) A fund at IDFPR to reimburse persons who suffer a
loss due to a licensee's actions
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The general requirements for a Residential Leasing Agent to obtain
a license include:
A) Applicant must be 18 years of age
B) Applicant must have a high school diploma of GED
C) Applicant must have a sponsoring broker or broker firm
D) All of the above - answerD) All of the above
Which of the following is TRUE as it relates to the licensing of
Residential Leasing Agents?
A) Leasing agents may engage in either sales or rental of all
property types
B) Leasing agents may engage in only the sale of residential
property
C) All leasing agent applicants must be 21 years of age
D) All licensed agents must be sponsored by a broker or broker
firm - answerD) All licensed leasing agents must be sponsored
by a broker or broker firm
The Residential Leasing Agent license allows the licensee to engage
in:
A) Only residential leasing activities for which a license is required
by IDFPR
B) The sale of commercial real estate
ILLINOIS LEASING AGENT LICENSE
EXAM (3 LATEST VERSIONS) 2025
FEATURING ACCURATE AND
VERIFIED QUESTIONS
Mary, a sponsoring broker was found to be guilty of a
license act violation. Her license was suspended.
What is the status of the licenses that were sponsored
by Mary?
A) All licenses sponsored by Mary will be
suspended
B)The sponsored licensees can appeal to IDFPR for
a 15-day extension
C) All sponsored licenses immediately go into
inactive status
D) Mary's suspended license does not affect
the other licenses she sponsored - answerC) All
sponsored licenses immediately go into inactive
status
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Which of the following is NOT a blind ad?
A) A large display ad promoting available
apartments with the agent's name and contact
number
B) An advertisement for rental property with the
brokerage company name and phone number
C) An inconspicuous ad in a local newspaper placed
by a small apartment complex
D) A medium size advertisement placed by the
sponsoring broker with his phone number - answerB)
An advertisement for rental property with the
brokerage company name and phone number
The leasing agent license shall expire on July 31st of a)
Even numbered years
b) Odd numbered years
c) Each year
d) Every three years - answerA) Even numbered years
Sponsoring brokers must submit the 45 day sponsor card to IDFPR
within:
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a) 12 hours of employment
b) 24 hours of employment
c) 36 hours of employment
d) 48 hours of employment - answerB) 24 hours of employment
Leasing Agent licensees must complete how many hours of
continuing education during the 24 month period prior renewal: a)
12 hours of continuing education
b) 15 hours of continuing education
c) 3 hours of continuing education
d) 8 hours of continuing education - answerD) 8 hours of
continuing education
The Real Estate Recovery Fund is
a) A fund maintained by the broker for licensee violations
b) A fund at IDFPR to reimburse persons who suffer loss due to
licensee's actions
c) A fund that every sponsoring broker is required to keep in case
of violations
d) A fund at the local Realtor Association to discipline licensees -
answerB) A fund at IDFPR to reimburse persons who suffer a
loss due to a licensee's actions
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The general requirements for a Residential Leasing Agent to obtain
a license include:
A) Applicant must be 18 years of age
B) Applicant must have a high school diploma of GED
C) Applicant must have a sponsoring broker or broker firm
D) All of the above - answerD) All of the above
Which of the following is TRUE as it relates to the licensing of
Residential Leasing Agents?
A) Leasing agents may engage in either sales or rental of all
property types
B) Leasing agents may engage in only the sale of residential
property
C) All leasing agent applicants must be 21 years of age
D) All licensed agents must be sponsored by a broker or broker
firm - answerD) All licensed leasing agents must be sponsored
by a broker or broker firm
The Residential Leasing Agent license allows the licensee to engage
in:
A) Only residential leasing activities for which a license is required
by IDFPR
B) The sale of commercial real estate
