Illinois Real Estate Exam Questions
With 100% Correct Answers 2026
Updated.
In Illinois, the real estate license law is administered by the...? - Answer IDFPR (Bureau of
Real Estate Professions)
How are the nine members of the Real Estate Administration and Disciplinary Board Selected? -
Answer By the governor
What is the name given to the Illinois license laws under which brokers and salespeople
practice? - Answer Real Estate License Act of 2000
After May 1, 2011, the new license categories are: - Answer Managing Broker and Broker
After April 30, 2012, as an alternative to passing the proficiency exam given by AMP, what are
the requirements for converting a salesperson's license to a broker license? - Answer 30
hours of post-licensure education, as defined by administrative rule.
In Illinois, sponsor cards are good for: - Answer 45 days
What are the requirements for a newly licensed broker effective May 1, 2011? - Answer 90
hours of pre-license coursework including 15 hours of situational offerings
After May 1, 2011, what must a broker do to convert a managing broker license? - Answer
Complete 45 hours of post-license education
When do real estate brokers' licenses expire in Illinois? - Answer April 30 of every odd-
numbered year
To renew a license in Illinois, brokers must..? - Answer Have completed 12 hours of
continuing education in the last two years and pay the current fee.
Licensees who allow their licenses to expire have how long to reinstate their licenses? - Answer
Up to two years; then licensees must start over
,What procedures must be followed to obtain a license that has been expired for more than two
years? - Answer Meet the requirements for a new license, including all pre-license education
and passing the exam
Three weeks before N begins his real estate pre-license class, he offers to help his neighbor sell
her house. The neighbor agrees to pay N a 5% commission. An offer is accepted while N is
taking the class and closes the day after N passes the exam and receives his salesperson license.
The neighbor refuses to pay N the agreed commission. Can N sue to recover payment? - Answer
No. State law prohibits lawsuits filed to collect commissions unless filed by a licensed broker -
one with a license in effect before the agreement was reached.
Which of the following conditions is NOT required to grant a nonresident broker's license in
Illinois? - Answer The broker has been active in the real estate business in her own state for
one year prior to application.
The resident property manager for Acme Apartments is responsible for negotiating leases for
the apartment. In this position, the resident manager: - Answer Is exempt from the licensing
requirements.
After failing the Illinois licensing exam three times, what does a candidate have to do to get
three more tries? - Answer Complete the entire education requirement again.
When terminating a sponsorship, the sponsoring broker must return the signed license to the
DPR within - Answer Two business days by signature restricted mail delivery.
A leasing agent license requires how many hours of classroom time? - Answer 15 hours
In order to practice real estate, Illinois requires new licensees to have which of the following in
their possession? - Answer A 45-day sponsor card, then a pocket card later
An agent is terminated by his broker for failure to pay the office bill. While the agent is looking
for a new office, he is considered to have what kind of license? - Answer Inoperative
Performing which of the following activities requires a real estate license? - Answer
Negotiating Lease Terms
J was really good at locating temporary housing for friends. They have encouraged her to start a
small home business assisting people who are looking to rent. What is the first thing she should
do? - Answer Get a real estate license
Proof of continuing education is required every - Answer Two years
, Of the following, who is required to hold an Illinois real estate license? - Answer A person
who represents clients in the negotiation of a real estate contract for a flat fee.
All compensation earned by a licensee must be paid: - Answer Through the licensee's
sponsoring broker
Who would be eligible after completing education for an appraiser's license? - Answer A
mom who will work part-time (no corporation, only people)
What is usually considered proof in Illinois courts that the broker has earned a commission? -
Answer The closing of a sale
A seller needs to sell quickly because he is getting transferred. Hoping to create excitement, he
agrees to a 7% commission. The listing broker's offer to the cooperating broker must be: -
Answer Disclosed to the seller in writing what the compensation will be.
The office assistant for a local real estate firm is responsible for the following activities: tracking
the flow of paperwork through the office, preparing forms and advertising copy, and hiring and
supervising clerical personnel. The office assistant is: - Answer Exempt from real estate
licensing requirements.
In Illinois, a personal assistant must be licensed to - Answer Explain simple contract
documents to prospective buyers.
In Illinois, a personal real estate assistant - Answer May insert factual information into forms
under the agent's supervision and approval.
The broker's unlicensed assistant worked late nights and weekends to help ensure the
successful closing of a difficult transaction. The assistant's extra work included making several
phone calls to the prospective buyers, encouraging them to accept the seller's counteroffer.
Largely because of the assistant's efforts, the sale went through with no problem. Now the
broker wants to pay the assistant a percentage of the commission "because the assistant has
really earned it". Under Illinois law, the broker may: - Answer Not pay a commission to the
assistant under the facts presented here.
A licensed personal assistant wishes to hold a public open house. Is this allowed in Illinois? -
Answer Yes, this is allowed if the assistant's license is held by the sponsoring broker.
A sponsored licensee has decided to hire a licensed personal assistant. How is compensation
paid to this licensed personal assistant? - Answer Through the sponsoring broker.
With 100% Correct Answers 2026
Updated.
In Illinois, the real estate license law is administered by the...? - Answer IDFPR (Bureau of
Real Estate Professions)
How are the nine members of the Real Estate Administration and Disciplinary Board Selected? -
Answer By the governor
What is the name given to the Illinois license laws under which brokers and salespeople
practice? - Answer Real Estate License Act of 2000
After May 1, 2011, the new license categories are: - Answer Managing Broker and Broker
After April 30, 2012, as an alternative to passing the proficiency exam given by AMP, what are
the requirements for converting a salesperson's license to a broker license? - Answer 30
hours of post-licensure education, as defined by administrative rule.
In Illinois, sponsor cards are good for: - Answer 45 days
What are the requirements for a newly licensed broker effective May 1, 2011? - Answer 90
hours of pre-license coursework including 15 hours of situational offerings
After May 1, 2011, what must a broker do to convert a managing broker license? - Answer
Complete 45 hours of post-license education
When do real estate brokers' licenses expire in Illinois? - Answer April 30 of every odd-
numbered year
To renew a license in Illinois, brokers must..? - Answer Have completed 12 hours of
continuing education in the last two years and pay the current fee.
Licensees who allow their licenses to expire have how long to reinstate their licenses? - Answer
Up to two years; then licensees must start over
,What procedures must be followed to obtain a license that has been expired for more than two
years? - Answer Meet the requirements for a new license, including all pre-license education
and passing the exam
Three weeks before N begins his real estate pre-license class, he offers to help his neighbor sell
her house. The neighbor agrees to pay N a 5% commission. An offer is accepted while N is
taking the class and closes the day after N passes the exam and receives his salesperson license.
The neighbor refuses to pay N the agreed commission. Can N sue to recover payment? - Answer
No. State law prohibits lawsuits filed to collect commissions unless filed by a licensed broker -
one with a license in effect before the agreement was reached.
Which of the following conditions is NOT required to grant a nonresident broker's license in
Illinois? - Answer The broker has been active in the real estate business in her own state for
one year prior to application.
The resident property manager for Acme Apartments is responsible for negotiating leases for
the apartment. In this position, the resident manager: - Answer Is exempt from the licensing
requirements.
After failing the Illinois licensing exam three times, what does a candidate have to do to get
three more tries? - Answer Complete the entire education requirement again.
When terminating a sponsorship, the sponsoring broker must return the signed license to the
DPR within - Answer Two business days by signature restricted mail delivery.
A leasing agent license requires how many hours of classroom time? - Answer 15 hours
In order to practice real estate, Illinois requires new licensees to have which of the following in
their possession? - Answer A 45-day sponsor card, then a pocket card later
An agent is terminated by his broker for failure to pay the office bill. While the agent is looking
for a new office, he is considered to have what kind of license? - Answer Inoperative
Performing which of the following activities requires a real estate license? - Answer
Negotiating Lease Terms
J was really good at locating temporary housing for friends. They have encouraged her to start a
small home business assisting people who are looking to rent. What is the first thing she should
do? - Answer Get a real estate license
Proof of continuing education is required every - Answer Two years
, Of the following, who is required to hold an Illinois real estate license? - Answer A person
who represents clients in the negotiation of a real estate contract for a flat fee.
All compensation earned by a licensee must be paid: - Answer Through the licensee's
sponsoring broker
Who would be eligible after completing education for an appraiser's license? - Answer A
mom who will work part-time (no corporation, only people)
What is usually considered proof in Illinois courts that the broker has earned a commission? -
Answer The closing of a sale
A seller needs to sell quickly because he is getting transferred. Hoping to create excitement, he
agrees to a 7% commission. The listing broker's offer to the cooperating broker must be: -
Answer Disclosed to the seller in writing what the compensation will be.
The office assistant for a local real estate firm is responsible for the following activities: tracking
the flow of paperwork through the office, preparing forms and advertising copy, and hiring and
supervising clerical personnel. The office assistant is: - Answer Exempt from real estate
licensing requirements.
In Illinois, a personal assistant must be licensed to - Answer Explain simple contract
documents to prospective buyers.
In Illinois, a personal real estate assistant - Answer May insert factual information into forms
under the agent's supervision and approval.
The broker's unlicensed assistant worked late nights and weekends to help ensure the
successful closing of a difficult transaction. The assistant's extra work included making several
phone calls to the prospective buyers, encouraging them to accept the seller's counteroffer.
Largely because of the assistant's efforts, the sale went through with no problem. Now the
broker wants to pay the assistant a percentage of the commission "because the assistant has
really earned it". Under Illinois law, the broker may: - Answer Not pay a commission to the
assistant under the facts presented here.
A licensed personal assistant wishes to hold a public open house. Is this allowed in Illinois? -
Answer Yes, this is allowed if the assistant's license is held by the sponsoring broker.
A sponsored licensee has decided to hire a licensed personal assistant. How is compensation
paid to this licensed personal assistant? - Answer Through the sponsoring broker.
