Illinois Condominium Property Manager Licensing
Exam ACTUAL EXAM COMPLETE QUESTIONS AND
DETAILED SOLUTIONS LATEST UPDATE THIS YEAR-
JUST RELEASED
SUMMARIZED EXAM COVERAGE (ALL CONTENTS COVERED)
The Illinois Condominium Property Manager Licensing Exam tests knowledge of Illinois condominium
governance and management responsibilities. Key areas include the Illinois Condominium Property Act,
board authority and fiduciary duties, meetings and elections, financial budgeting and reserve funding,
assessments and collections including lien processes, association recordkeeping and resale disclosures,
maintenance responsibility allocation, contract and vendor management, insurance coverage
requirements, licensing and ethical standards, fair housing compliance, leasing restrictions, rules
enforcement with due process hearings, emergency preparedness planning, and legal liability issues
such as negligence, fraud prevention, and selective enforcement risks.
✅ PART 3: 50 SCENARIO-BASED MCQs (BATCH 1: QUESTIONS 1–50)
(Random order, all questions ≥15 words, exam-relevant, with answers and rationales, continuous, no
skipping.)
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1.
A condominium board asks the property manager to deny a disabled resident’s request for a reserved
parking space near the entrance. What is the best compliance response?
A. Deny the request because parking spaces are common elements and cannot be reassigned
B. Approve automatically without documentation because disability claims cannot be questioned
C. Begin the reasonable accommodation process and request supporting information if permitted
D. Charge the resident an extra monthly fee for requesting an accommodation
Answer: C
Rationale: Fair housing laws require reasonable accommodations; managers must follow proper
procedures and avoid discrimination.
2.
A unit owner demands access to all legal correspondence between the association and its attorney
regarding ongoing litigation. What is the correct response?
A. Provide all correspondence immediately because owners have unlimited access
B. Deny access because attorney-client privileged documents are generally exempt from inspection
C. Provide correspondence only if the owner pays copying fees
D. Provide correspondence only after the lawsuit is concluded
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Answer: B
Rationale: Attorney-client privileged materials are typically protected and may be withheld under
record inspection rules.
3.
An association treasurer asks the manager to deposit reserve funds into a personal account temporarily
to “avoid bank fees.” What is the best action?
A. Agree because it saves money for the association
B. Refuse because association funds must remain in properly titled association accounts
C. Allow it only if the treasurer signs a written agreement
D. Deposit the money but keep personal records of withdrawals
Answer: B
Rationale: Association funds must be handled with strict fiduciary controls; commingling is unethical
and may be illegal.
4.
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A condo board issues fines to one unit owner for noise violations but ignores identical complaints
against another board member. What legal risk is created?
A. No risk because board members are exempt from rules
B. Selective enforcement risk, potentially invalidating fines and creating liability
C. Increased reserve requirements
D. Automatic termination of the declaration
Answer: B
Rationale: Selective enforcement can be discriminatory and undermines the association’s ability to
enforce rules consistently.
5.
A property manager receives a request for records and refuses without providing a reason or timeline.
What is the most likely issue?
A. Refusal is acceptable if records are inconvenient to locate
B. The association may violate statutory record inspection requirements and face penalties
C. Records requests are only allowed at annual meetings
D. Records requests are limited to board members only