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ILLINOIS LEASING AGENT CHAPTER 2 QUESTIONS AND ANSWERS $9.00   Add to cart

Exam (elaborations)

ILLINOIS LEASING AGENT CHAPTER 2 QUESTIONS AND ANSWERS

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  • Course
  • Illinois Leasing Agent
  • Institution
  • Illinois Leasing Agent

ILLINOIS LEASING AGENT CHAPTER 2 QUESTIONS AND ANSWERS

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  • September 26, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • illinois
  • Illinois Leasing Agent
  • Illinois Leasing Agent
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37 Multiple choice questions

Term 1 of 37
It's acceptable for leasing agents to make a promise on behalf of the owner they are
representing. T F

True


False

Term 2 of 37
The builder of a newly constructed home that has not been occupied must complete a
Residential Real Property Disclosure form. T F

True

False

Term 3 of 37
Mold

A naturally occurring gas that is suspected of causing lung cancer.

Facts about a property that could influences a buyer's decision to make an offer.


A property that has an undesirable reputation because a violent crime or suicide
occurred in the property.


Fungi that can found almost anywhere and can grow on almost any organic substance.

Term 4 of 37
Any contractor may deal with the removal or encapsulation of lead. T F

True

False

,Term 5 of 37
Real estate licensees are legally obligated to disclose that the property has been stigmatized
if a murder takes place on the property. T F

True

False

Term 6 of 37
You can call a For Rent by Owner who is listed on the Do-Not-Call list Registry if you have a
renter client interested in the home. T F

True

False

Term 7 of 37
Mitigation of radon is suggested if your test level is 3PCi/L or more. T F

True


False

Term 8 of 37
A Residential Real Property Disclosure form must be filled out if the deed is signed by the
executor of the estate. T F

True


False

Term 9 of 37
Radon

Facts about a property that could influences a buyer's decision to make an offer.

A property that has an undesirable reputation because a violent crime or suicide
occurred in the property.


Fungi that can found almost anywhere and can grow on almost any organic substance.

A naturally occurring gas that is suspected of causing lung cancer.

,Term 10 of 37
You can legally send out millions of messages via e-mail asking people to buy your product or
service if you follow the rules. T F

True


False

Term 11 of 37
Landlords of buildings built prior to 1978 must present tenants with a Lead Based Paint
Disclosure along with the lease. It does not need to be completed with a lease renewal. T F

True


False

Term 12 of 37
Two brokers deciding to cooperate unfavorably with a new company is an example of an
antitrust violation. T F

True


False

Term 13 of 37
If a prospect is denied housing, the landlord must provide a letter informing then why they
were denied. T F

True

False

Term 14 of 37
Do-Not-Call Registry

The federal law that requires certain disclosures about mortgage loan settlements and
prohibits kickbacks and certain kinds of referral fees.

The federal law that allows consumers to register their phone numbers to alleviate calls
from telemarketers.

The law that spells out the responsibilities of users of credit information.

Law that establishes requirements for commercial email, including eBlasts.

, Term 15 of 37
You can help the seller fill out the disclosure forms. T F

True


False

Term 16 of 37
Many experts believe radon is the second leading cause of cancer. T F

True

False

Term 17 of 37
You are allowed to harvest e-mail addresses on the Internet according to the CAN-SPAM
regulations. T F

True

False

Term 18 of 37
CAN-SPAM

The right of a consumer to stop commercial emails from being sent to the

The federal law that allows consumers to register their phone numbers to alleviate calls
from telemarketers.

The federal law that requires certain disclosures about mortgage loan settlements and
prohibits kickbacks and certain kinds of referral fees.

Law that establishes requirements for commercial email, including eBlasts.

Term 19 of 37
Home inspectors will note any visible mold in their report. However, the problem can be latent
(not visible). T F

True


False

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