Examination Practice Test 100 Questions
And Correct Answers (Verified Answers)
Plus Rationales 2026 Q&A | Instant
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Covers: Illinois License Law, Leasing Principles, Fair Housing, Contracts,
Property Management, and Agency Relationships.
1. The primary purpose of the Illinois Real Estate License Act is to:
A. Generate revenue for the state
B. Protect licensed agents
C. Regulate property owners
D. Protect the public
Rationale: The Act’s purpose is to protect consumers through regulation of
licensees.
2. A leasing agent license in Illinois must be sponsored by:
,A. The IDFPR directly
B. A managing broker
C. A property owner
D. A real estate board
Rationale: Leasing agents must work under the supervision of a managing
broker per Illinois law.
3. How long is an Illinois Leasing Agent license valid?
A. 1 year
B. 2 years
C. 2 years, expiring July 31 of even-numbered years
D. 3 years
Rationale: All leasing agent licenses expire July 31 of even-numbered
years.
4. Which of the following requires a leasing agent license?
A. Showing a property you own
B. Collecting rent as an owner
C. Showing rental units for others for compensation
D. Managing your own building
Rationale: Showing or leasing property for others and for pay requires a
license.
5. A leasing agent applicant must be at least:
,A. 16 years old
B. 18 years old
C. 19 years old
D. 21 years old
Rationale: Minimum age requirement is 18.
6. How many classroom hours of pre-license education are required for
Illinois leasing agents?
A. 30
B. 15
C. 45
D. 75
Rationale: Leasing agents must complete 15 hours of approved coursework
before licensing.
7. Which agency enforces the Illinois Real Estate License Act?
A. HUD
B. Illinois Department of Revenue
C. Illinois Department of Financial and Professional Regulation (IDFPR)
D. State Attorney General
Rationale: IDFPR regulates and disciplines licensees under the Act.
8. Which of the following is a ministerial act?
A. Negotiating rent
B. Providing a tenant application form
, C. Advising on lease terms
D. Accepting offers
Rationale: Ministerial acts are clerical and non-discretionary, like giving
out applications.
9. A leasing agent working for a broker owes fiduciary duties to:
A. The tenant
B. The landlord (client)
C. Both parties equally
D. The state
Rationale: Agents represent and owe fiduciary duties to their client,
usually the landlord.
10. Dual agency is legal in Illinois only if:
A. The agent discloses orally
B. Written informed consent is obtained from both parties
C. It benefits the agent
D. The broker approves it
Rationale: Dual agency must be disclosed and consented to in writing by
both parties.
11. The Illinois Human Rights Act prohibits discrimination based on:
A. Occupation
B. Age, ancestry, marital status, and sexual orientation
C. Smoking habits