Leasing Exam latest update 2025/2026
GRADED A+
In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was
held for how many months? - correct answer6
Which of the following does not require disclosure?
A. Radon B. Felons living onsite C. Lead-based paint D. Termites - correct
answerfelons living onsite
What was the date of the first civil rights act? - correct answer1866
Is it permissable to refuse to rent to a person with a poor credit history? - correct
answeryes
Who is acceptable to redline? - correct answerlending institutions
Is occupancy standard a federal law or guideline? - correct answerguideline
Directing people, especially minorities, toward a specific neighborhood is called what? -
correct answersteering
The definition of familial status is residents over the age of 18. True or False? - correct
answerfalse
A licensee advertises a 15 year old building as new. This is called what? - correct
answerfraud
A blind ad means an ad is? - correct answermissing key information, HAS NOTHING
TO DO W SIZE
Can an unliscensed personal assistant can sit at an open house for area brokers? -
correct answeryes
When can a tenant claim constructive eviction? - correct answerwhen it is uninhabitable
Where is the leasing agent's original license kept? - correct answerbroker's office or any
branch office
When a leasing agent offers to put an elderly resident in a quiet building with others,
what is this called? - correct answersteering
, A leasing agent refuses to rent a third floor unit to a disabled resident because there are
no elevators in the building. What did the agent violate? - correct answerfair housing
laws
A lease with an indefinite ending date is called? - correct answerperiodic tenancy
The Residential Disclosure Act applies to? - correct answersellers of 4 units or LESS
When are sponsor cards issued and who issues them? - correct answer24 hours after
license; issued by broker
Tenant installed a new light fixture in the dining room. What kind of property is the light
fixture? - correct answerreal
An owner of a 12 unit apartment building lives onsite. In his absense, the maintenence
person shows vacant apartments. Is this acceptable? Why or why not? - correct
answerYes, the OWNER is exempt from the license
The leasing agent license shall expire on July 31 of? - correct answereven numbered
years
Sponsoring brokers must submit the 45 day sponsor card to IDFPR within? - correct
answer24 hours of employment
Leasing agent licensees must complete how many hours of continuing education
duringthe 24 month period prior renewal? - correct answer6
What is a fund used by IDFPR to reimburse aggreieved persons who suffer a loss
based on a licensee's actions? - correct answerReal Estate Recovery Fund
The Leasing Agent License allows the licensee to engage in? - correct answeronly
residential leasing activities
An applicant shall not practice as a student leasing agent _____________. - correct
answermore than once in a 24 month period
Which is TRUE about sponsor cards?
A. Sponsor cards are only issued for leasing agents.
B. All sponsor cards must be displayed on the wall of the licensee's office.
C. It is a temporary 45 days permit isssued by the sponsoring broker
D. It is a 180 day student permit - correct answerC
How many times may a person take the state leasing exam before they have to repeat
the course again? - correct answer4 times in 4 years
GRADED A+
In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was
held for how many months? - correct answer6
Which of the following does not require disclosure?
A. Radon B. Felons living onsite C. Lead-based paint D. Termites - correct
answerfelons living onsite
What was the date of the first civil rights act? - correct answer1866
Is it permissable to refuse to rent to a person with a poor credit history? - correct
answeryes
Who is acceptable to redline? - correct answerlending institutions
Is occupancy standard a federal law or guideline? - correct answerguideline
Directing people, especially minorities, toward a specific neighborhood is called what? -
correct answersteering
The definition of familial status is residents over the age of 18. True or False? - correct
answerfalse
A licensee advertises a 15 year old building as new. This is called what? - correct
answerfraud
A blind ad means an ad is? - correct answermissing key information, HAS NOTHING
TO DO W SIZE
Can an unliscensed personal assistant can sit at an open house for area brokers? -
correct answeryes
When can a tenant claim constructive eviction? - correct answerwhen it is uninhabitable
Where is the leasing agent's original license kept? - correct answerbroker's office or any
branch office
When a leasing agent offers to put an elderly resident in a quiet building with others,
what is this called? - correct answersteering
, A leasing agent refuses to rent a third floor unit to a disabled resident because there are
no elevators in the building. What did the agent violate? - correct answerfair housing
laws
A lease with an indefinite ending date is called? - correct answerperiodic tenancy
The Residential Disclosure Act applies to? - correct answersellers of 4 units or LESS
When are sponsor cards issued and who issues them? - correct answer24 hours after
license; issued by broker
Tenant installed a new light fixture in the dining room. What kind of property is the light
fixture? - correct answerreal
An owner of a 12 unit apartment building lives onsite. In his absense, the maintenence
person shows vacant apartments. Is this acceptable? Why or why not? - correct
answerYes, the OWNER is exempt from the license
The leasing agent license shall expire on July 31 of? - correct answereven numbered
years
Sponsoring brokers must submit the 45 day sponsor card to IDFPR within? - correct
answer24 hours of employment
Leasing agent licensees must complete how many hours of continuing education
duringthe 24 month period prior renewal? - correct answer6
What is a fund used by IDFPR to reimburse aggreieved persons who suffer a loss
based on a licensee's actions? - correct answerReal Estate Recovery Fund
The Leasing Agent License allows the licensee to engage in? - correct answeronly
residential leasing activities
An applicant shall not practice as a student leasing agent _____________. - correct
answermore than once in a 24 month period
Which is TRUE about sponsor cards?
A. Sponsor cards are only issued for leasing agents.
B. All sponsor cards must be displayed on the wall of the licensee's office.
C. It is a temporary 45 days permit isssued by the sponsoring broker
D. It is a 180 day student permit - correct answerC
How many times may a person take the state leasing exam before they have to repeat
the course again? - correct answer4 times in 4 years
