ILLINOIS REAL ESTATE LEASING EXAM 2024

ILLINOIS REAL ESTATE LEASING EXAM 2024 Acceptance By Ratification - correct answer The acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - correct answer When all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - correct answer Court action initiated by the lessor to have a tenant removed from the premises. Administrative Law Judge (ALJ) - correct answer A judge who hears complaints and considers evidence regarding violations of the Fair Housing Act. Agency - correct answer The legal relationship created when one person represents another. Air Rights - correct answer Rights to use the space above the surface of land upward into the sky. Airspace - correct answer The space above the surface extending into infinity. Americans With Disabilities Act of 1990 - correct answer A comprehensive civil rights law for the protection of persons with physical and mental disabilities. This law mandates equal access to jobs, public accommodations, government services, public transportation and telecommunications.